The question that has plagued the minds of fans since 1990 may finally be coming to an end ā just how much Money did the McCallister Family have in the beloved Christmas classic āHome Aloneā?
The New York Times enlisted the help of economists from the Federal Reserve Bank of Chicago to get to the bottom of the Familyās wealth.
The team turned to the iconic Chicagohome to ultimately determine the McCallisterās are in the top 1 percent.
The home, which sits in one of the most expensive neighborhoods in the country, would have only been affordable with a household makingĀ $305,000 in 1990 or roughly $665,000 in 2022.
The economists went with the assumption the McCallisters did not spend over 30 percent of their income on housing.
In addition, theĀ economists made the determination by ālooking at data including household incomes in the Chicago metropolitan statistical area for 1990 and 2022, the houseās property value, prevailing mortgage rates at the time, and typical taxes and insurance.ā
āIn 1990, the house was affordable only for the top 1 percent of Chicago household incomes, and that would still be the case today,ā the report states.
So when the Wet Bandits sat in their van scouting out houses to burglarize, Harry was correct when he said, āThatās the one, Marv, thatās the silver tuna,ā as the two looked at the Chicago home.
https://youtu.be/tELWZm0uE74?si=YB-C0E4DoFfBhfuH
In addition to the rising cost of income needed to buy a home like theĀ McCallisters, Kevinās iconic grocery run from the film continues to climb in cost every year.
TheĀ $19.83 grocery bill (with Kevinās coupon included) would now cost you $72.28 if purchased this year due to the rising inflation under President Joe Biden. The price almost doubled in just a year, as 2022ās bill would have come in atĀ $44.40.
This article appeared originally on The Western Journal.