Cost of living now compared with 1900?

The cost of living today is significantly higher than in 1900, primarily due to inflation, changes in wages, and advancements in technology. For example, the price of basic goods like food and housing has increased, while the average income has also risen, albeit at a different rate. Additionally, modern expenses such as healthcare, education, and transportation have become more prominent, further altering the financial landscape. Overall, while some costs have risen dramatically, the average standard of living and access to goods and services has improved considerably.