Let’s take a painful trip down memory lane
The year is 2016. I just graduated. My first fulltime salary?
But wait ... the dollar hasn't been sleeping either. Thanks to US inflation, that $245 in 2016 is worth about
If we take that inflation-adjusted $330 and convert it at today’s CBE rate of 154 ETB, do you know what we get?
💥 50,000 ETB. 💥
The Conclusion:
To live the exact same lifestyle you had with 5,400 birr in 2016, you need to be earning 50,000 birr in 2026
Let that sink in
The year is 2016. I just graduated. My first fulltime salary?
5,400 ETB. back then, with the rate at 22 ETB/USD, that was a respectable $245But wait ... the dollar hasn't been sleeping either. Thanks to US inflation, that $245 in 2016 is worth about
$330 todayIf we take that inflation-adjusted $330 and convert it at today’s CBE rate of 154 ETB, do you know what we get?
💥 50,000 ETB. 💥
The Conclusion:
To live the exact same lifestyle you had with 5,400 birr in 2016, you need to be earning 50,000 birr in 2026
Let that sink in
😢19😭9💯5❤1🔥1