Here's a window back to 1946.
- that $1,200 today would buy $14,300 (rounded)
- that $2,300 today would buy $27,400
- and that $6,000 today would buy $71,400
Seminary would likely been paid for, and the medical (and post-war housing!) situation is very different, but you can see what a period writer called the "mendicant order of Protestant ministers."