Friday, January 05, 2007

Money is a funny thing

We've been receiving books from a series called American Popular Culture Through History. One of the cool things about it is that each decade-based volume has is an appendix showing the cost of products during the time period covered. I was quite struck by some of the prices I found in the 1960s volume:
  • McDonald's "Big Mac," $.45 (1968)
  • Milk, $.48 per half gallon (1964)
  • Cotton denim jeans (Sears), $3.47 (1966)
  • Interest on savings accounts, 5.25-5.75% (1966)
  • Chevrolet Camaro (base price), $2,466 (1966)
  • Look magazine, $.25 (1964)
  • Paperback edition of Catch-22, $.95 (1969)
  • 23-inch black-and-white television, $260 (1961)
  • Zenith 20-inch color television, $399.95 (1968)
  • Boeing 747 (new), $21,000,000 (1966)
Wonder how much a Boeing jet costs these days? Don't think it's followed the same trajectory as those TV sets.

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3 Comments:

John said...

Ok, so here's my plan. Invent a time machine, and gather up bunches of old coins - then I can have a really substantial, really cheap lunch every day. And maybe a car.

9:29 PM  
Aaron said...

DANG That's expensive!

I wonder what an Airbus would cost back then, if they had them... They should have an OLD COST CONVERSION MACHINE online. That would be cool.

10:04 PM  
aliisa said...

wow, that's really awesome. i like that kind of thing... when you study stuff back then, write papers about us history, it's weird to think about the money conversions. everything was so cheap, by our standards!!!

8:58 PM  

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