How could Frasier possibly deduct that design, let alone the mortgage, on the salary of a local radio personality? Sure, the ’90s were an economic boom – but not even that could compensate for his out-of-control sherry and opera habit.
There was only one way to find out: a demented investigation of a woman about a fictional apartment in a TV show that went off the air over 15 years ago.
How much will an apartment like this cost?
First of all, I had to find out how much Frasier paid for an apartment in a luxurious high rise with a prime view of the Space Needle. (He owns the place, as his repeated cabin board drama shows.)
A few years ago, Curbed published an article trying to figure out how much Frasier̵
But I wanted to know how much he would have picked down for it in 1993. So I reached out to several Seattle-based brokers, and surprisingly, many of them did not email me when I asked them to price out fake nineties. . apartment. But so did Scott Wasner, executive director of Christie’s International Real Estate Seattle and self-described “apartment expert” in downtown Seattle. He gave me an estimate of $ 1 million for 1993 and $ 5 million for today. So $ 1 million should be my starting point.
How much did Frasier earn?
For Frasier was a radio host in Seattle, he worked as a psychiatrist in Boston. When the show started, Frasier was 40 years old. Let’s say he started working as a full-time psychiatrist at the age of 30 and in 1983. (After graduating from college, he would have had to complete his medical studies and then a residency, both of which take about four years each. .) Then he started his concert as a radio advertiser in 1993.
Because I could not just FOIA “Frasier salary”, I tried to find the numbers I was looking for through the Bureau of Labor Statistics. I called them and a friendly staff member helped me access their historical data. However, they only had public records on their website dating back to 1997. Bidens America!
I knew I had to take in the big guns: our research librarian Deirdre McCabe Nolan. She went in and sent over older statistics from the Occupational Outlook Handbook. Deirdre also informed me that the database she retrieved the information from was called FRASER. It was at this point that I began to get the crazy look in my eyes that Mark Ruffalo gets in movies where he rummages through files and investigates something scary.
From the available figures, I learned that in 1989 the average salary for a psychiatrist was $ 117,700. Although Frasier probably would have made less start and more at the end of his term, to simplify things, let’s say he worked that job. with that salary from 1983 to 1993. If he saved the recommended 20% of his income during this period he would have $ 235,400 stashed away by the end of that ten year period – of course, this is before tax.
As far as his new concert, the average salary of the radio announcer in 1994 was only $ 27,901.
Could he afford his place?
Let’s say he put down $ 200,000 in advance. The mortgage would have been unsustainable on his new salary. In addition, he would probably have paid for child support for Lilith, some of Daphne’s homework money, daily cappuccinos at Café Nervosa, trips to Bora Bora which he inevitably ruined and so on. That was the period when he was laid off most of season six. So no.