Your parents washing machine also cost more because it was made better. The best price I could find for a standard washing machine in 1980 was $289. To put that into perspective, according to CPI inflation that is the equivalent of about $1,100 today. As a proportion of median individual income, that's like $1,550 today. You can still buy a Speed Queen washer for consumers that costs $1,500 and will last a long time, but people largely don't because the shitty one costs less than half of that.