When did the average American standard of living begin to exceed even the average British standard of living?

is this true today that the Average american (aside from what their homes are worth to the banks) lives in a much larger house and more land and more excess money to spend on nice , luxury cars etc? how compared to british?





and how compared to anywhere in the world or Europe? france? Germany? etc?|||The USA overtook the UK in GDP in 1871, and GDP per capita around 1890.


Americans on average has a lot more disposible income than western europe and have a higher standard of living.


This dates back to 1945, the end of the second world war, when the United States found itself the supreme economical power of the world, with a the most productive industry in the world, a lead over all others that had not been seen since the United Kingdom embraced the industrial revolution over a century earlier.


While British wages were in relative decline in response to the fact that the United Kingdom was no longer the supreme industrial power, the United States was so rich that it was able to pay it's lower and middle classes wages for relatively mundane jobs (like factory worker) that were far in excess of what they were really worth. This lead to a generation of family's who lived in nice houses, drove luxury cars and had shedloads of cash in the bank.


The so called 'decline' in American industry today is infact a natural rebalancing of the economic system, as the US finds it can no longer pay the best global wages for all jobs, a similar situation that the UK was in 100 odd years ago.


So to answer your question, yes the American standard of living is superior to the British standard of living, however the gap has considerably shrunk in the last decades from the peak gap in the 1960s, for the reason I explained above- US 'relative' decline in Industrial power, also coupled with Margaret Thacher revitalising the British economy in the 1980's by focusing away from Industry and towards the Services sector.|||US have more land, live in larger houses, drive larger cars and have a larger disposable income compared to the British........and British houses, cars and land are much more expensive, same a Diesel /Petrol, food, etc etc...Ireland is similar to Britain however even more expensive..........mainland Europe is generally less expensive, not as many people own their homes, more rent especially Germany..........Europe have fought two wars....and the US were paid to help ( and Europe is still paying back the money loaned to rebuild after the war)|||Well it would make sense that they're houses are bigger and they have more land, seems as though the USA has over 50 times the land area the UK does, and only just over 5 times the population. I don't know where you get your idea about having more money to spend on luxuries though. I think that is of your own imagination.|||late 90s i would say or 80s