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Topic: 1962 Dollars Post ReplyPost New Topic
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John Byrne
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Grumpy Old Guy

Joined: 11 May 2005
Posts: 136900
Posted: 22 August 2026 at 3:36pm | IP Logged | 1 post reply

I have mentioned that the only time I ever knew my father’s salary at City Hall was in 1962, when he let slip that he made $600 (Canadian) per month. I’ve also mentioned that at the time my 12 year old self could not believe that there was that much money in the world.

Curiously enough, it only minutes ago occurred to me to look up what that $600 would be worth in today’s money. Turns out $100 from 1962 had the buying power of about $1,100 today. So Dad was pulling in roughly $6,600 a month. A respectable middle class income.

Made me realize the $1 a week allowance I was given was about $11 today, or $44 per month. I wonder what kids get today?

Those 10¢ comics I was buying work out to $6.60 today. (Or were comics 12¢ by then?)

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Evan S. Kurtz
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Joined: 04 July 2022
Location: Canada
Posts: 393
Posted: 22 August 2026 at 6:59pm | IP Logged | 2 post reply

When he actually fulfills his responsibilities (predominantly vacuuming the main floor of our house and tidying his bedroom and playroom), my 12-year-old son receives an allowance of $15 a week, for which he is expected to save around half. 

However, I should point out that in a roundabout way, he ends up with a considerably more money than that, because he is assessed as "profoundly gifted" and we supplement his public education with many, many things, be they advanced math programs, music lessons, STEM kits, and a problematic amount of books and Lego. 
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John Byrne
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Grumpy Old Guy

Joined: 11 May 2005
Posts: 136900
Posted: 22 August 2026 at 7:13pm | IP Logged | 3 post reply

Profoundly gifted? Ask him to save the world for us, would you? It’s a dirty job, but someone has got to do it!
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