Technology made abundance feel normal

Sep 24, 2026

Young people feel priced out, but most everyday goods are actually cheaper than they were a generation ago — the squeeze is concentrated in just a few big-ticket items.

  • A review of typical household spending found only three categories cost more than they did for earlier generations; everything else got cheaper.
  • Music is the clearest example: an album once cost around fifteen dollars, and a streaming subscription now costs less than that for a library of millions of songs.
  • Entertainment and dating follow the same pattern, with a night out at the movies replaced by thousands of titles on demand for a flat monthly fee.
  • Technology drove the drop in prices so quietly that the abundance it created now feels ordinary rather than remarkable.

Outlook: The affordability debate will keep centering on the few costs that did rise — housing, healthcare, and education — while cheap goods and digital services stay cheap.

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