Here's the math:
In 1958, minimum wage was $1.00, and the average cost of a movie ticket was 68 cents.
By 1967, minimum wage had increased to $1.40, wherease movie tickets were then $1.22.
By1977, minimum wage was now $2.30, and t a movie ticket cost $2.23.
In 1981, minim wage rose to $3.35, while ticket prices were $2.78.
Okay, now here's where it gets interesting...
While in 1989 minimum wage was still only $3.35, ticket prices leaped to $3.99 (!!!)
Figures as of 2010 are $7.25 for the minimum wage, and $7.89 for a movie ticket.
Today, minimum wage is still $7.25. But when you're paying $11.75 for a full-price movie ticket, it better be one helluva flick.
Don't get me started on the cost of food in a movie theater.
Hold the popcorn,