What do you dispute, southeast?
In real terms, the cost of itens such as microwaves, DVD players and TVs has tumbled, as as the price of clothing. That is an economic fact.
Services haven't become cheaper but most manufactured goods have.
Just as an example - I got my mitts on some vintage Just 17 mags for a laugh, to remind me of my teenage years in the early 1980's. The fashion and makeup featured was priced at exactly what it would be now, or indeed it was more expensive. 'Tights, 5.99. Lipstick, 4.99. Leggings, 22.99' etc etc. Today's youth has Primark, New Look etc and modern wages paying their pocket money.
And we were buying that stuff out of pocket money from our parents earning 1980's wages.
Doesn't anybody remember when the lady down the street got her husband to buy her a microwave oven, to huge fanfare? Now a microwave costs the same as a round of drinks, and you can buy a DVD player for less than the cost of a box set of DVDs.