Author: Elizabeth Plank

Here’s Everything Women Could Buy if They Got Paid the Same as Men

What would happen if the wage gap finally disappeared? We know women would be making more money, but how much more would they be bringing home? By now, you’ve probably heard depressing statistics like this one: For every dollar a man earns, a woman makes 77 cents. You might even be sick of hearing it. But here’s another way of thinking about it: If you add all those pennies up, the gender gap will cost the average American woman more than $400,000 over the course of her professional life. What could that buy? A lot, as it turns out. With that money, a woman could buy a house, put two kids through college, buy more than 21,000 gallons of gas and feed her family for almost seven years. Care about the gender wage gap now? Now that we know how much pay inequity costs women, let’s look at how it affects men. Thanks to the gender gap, life is 33% cheaper for a full-time, year-round male worker than it is for the average woman. In …