Disposable income is one measure. But whereas that is much, much higher, the raw statistics still no not include the fact that technological improvements have yielded qualitative as well as monetary improvement. People now own Nespresso machines, 55" TVs, electric toothbrushes. When I was a lad we didn't have central heating until I was about 12. No double glazing, frost on the inside of the windows in winter. My Christmas present one year was a whip and top. Kids have PlayStation 3's now.
Most people (not all, granted, but most) are immeasurably better off.
https://www.ons.gov.uk/peoplepopula...leincomeandinequality/financialyearending2016