Since the mainland's reform and opening up, the economy has developed rapidly, the productive forces of various industries of industry and commerce have also been unprecedentedly improved, and the lives of the common people have also been greatly improved.
Before the reform and opening up, although it was said that people were hungry at that time, the economic income was very low, and the living standards of each family were also much worse than now. Before the reform and opening up, if anyone had a bicycle, it was even more windy than who has a BMW now. At that time, if anyone's family was a million-dollar household, its status was even more advanced than that of the current multi-millionaire.
So how much purchasing power was the renminbi at that time? In 1981, when the 5 dollars, when how much is the purchasing power now?
According to the news told by the old people, the 1 yuan of that year is more emotional than the current 100 yuan. Now if you go to work in the factory, you can earn about 150 a day, which is about four or five thousand yuan a month.
In 1981, in many places in Henan in order to repair water conservancy, hired village migrant workers to dig the river manually, the work was very hard, at that time in addition to managing a rough tea and light meal at noon, every day to give 1 yuan 5 cents, a month's salary is 45 yuan, if it is converted into the current coolie, the day is 200 yuan.
If you are working on the construction site as this kind of hard work of unloading sand and unloading cement, the daily wage will be at least 220 or even 240 yuan, in addition to three meals a day, you must also manage meals, and there is generally meat at noon.
According to this comparison, the salary has increased by 160 times. So the 5 yuan at that time was equivalent to 800 yuan now.
5 yuan is equivalent to the current purchasing power of 800 yuan, which is more realistic. However, if you calculate the purchasing power of basic crops, 5 yuan will not reach the level of 800 yuan, because after the reform and opening up, the mainland has introduced a lot of advanced agricultural equipment to increase land production.
The spread of mechanization has also greatly reduced the cost of manual management and revenue and expenditure, so the amount of hard value per unit of grain has decreased. For example, a pound of rice in Beijing in 1981 was about 1 cent and 5 cents a pound, and now it is about three yuan a pound. It's just about 20 times.
After all, it has been affected by technology, so it is normal that this purchasing power is not obvious.
But if you look at the basic cost of living or the high-end consumption of non-technology products, 5 yuan is still in a state of parity with 800 yuan.
After all, it has been affected by technology, so it is normal that this purchasing power is not obvious.
But if you look at the basic cost of living or the high-end consumption of non-technology products, 5 yuan is still in a state of parity with 800 yuan.
In 1981, a college student's monthly living expenses were about 6 yuan, and according to the purchasing power of the previous calculation, it was about 960 yuan, which is similar to the money spent by college students in a non-first-tier city every month.
Coupled with some subsidies in the school, 960 yuan is enough for a college student to survive.
According to relevant records, the purchasing power of 5 yuan and 800 yuan in luxury consumption is still relatively similar. For example, in 1980, the Yuebin Hotel in Beijing should be regarded as a relatively large hotel in Beijing.
At that time, the family of three ate a roast duck, a fish fragrant meat shredded, and a stir-fried cabbage, plus a duck bone soup, plus a beer cost 4 yuan. Now in Beijing casually find a decent restaurant, casually order these four or five dishes, about five or six hundred yuan, so in the relatively luxurious diet, 5 yuan purchasing power is probably converted into 800 yuan.
However, if the technology products are not so high, in that year, a general Santana car also needs 200,000, and it will cost 50,000 or 60,000, after all, when science and technology are developing, technology products will naturally decline.
We can only be converted according to the purchasing power of artificial consumption, so in general, it is 5 yuan, which is equivalent to the purchasing power of 800 yuan now.