Your father's standard of living did not include internet, microwave ovens, big screen TVs, cell phones, and lots of other things that are considered normal parts of the standard of living today. Back then (at least in my father's age) few people had health insurance, and certainly not dental insurance. Most houses did not have dishwashers, and if a family owned a car at all, it was only one, not one for each driver.

All things considered, you probably are living at a higher standard of living than your father did. Considering ONLY the cost of housing is not a true reflection of the standard of living.

Also, a lot of your standard of living is dependent on where you choose to live. You live in a very expensive part of the country. From the generalities you've given, I suspect my income is very close to yours. I live in a $190,000 suburban house ( 3 bedrooms, 3 baths, 2000 SF, 2 car garage) in an excellent school district, amongst educated neighbors. I support 3 people on my salary, plus pay my mortgage and all other expenses... including health insurance for my kids.

My folks' house was bigger and nicer than mine, but all things considered I think my standard of living is equal to or better than what they had. I would not be able to replicate this standard of living if I were to choose to live where you do.