— all for eighty dollars a month.
The Key to the Upper-Class: Name, not Money
Since Nick comes from a wealthy, well-known Mid-Western family, the Carraways, he does not need to impress anyone with lavish displays of money and materialism. Unlike Gatsby, who shows off as much as humanly possible, Nick’s residence on West Egg is very modest. However, he fits in with the millionaires there simply because of his name. Everyone already knows his family — he does not need any sort of fancy introduction. He can be content with paying 80 dollars a month because there is no need to impress anyone.
Today, certain wealthy people dress casually and modestly even though they have a great amount of money. They don’t need to announce their presence to anyone. They exist in a middle ground between the flamboyant new rich and the conservatively snobbish old rich.
Here is an article on the modest Tim Cook. Like Nick, he lives a significantly less extravagant lifestyle than he could.
To help improve the meaning of these lyrics, visit "The Great Gatsby (Chapter I)" by F. Scott Fitzgerald and leave a comment on the lyrics box