10-20-2010, 12:39 PM
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#35 (permalink)
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Track Member
Join Date: May 2009
Location: SoCal
Posts: 887
Drives: BMW 335i Sport
Rep Power: 19
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Quote:
Originally Posted by FERRARI
A vette fully loaded was $8,500.00 (Big Block too) and gas was under 30 cents a gallon........and Minimum wage was around $1.85 an hour...
Did you mean "inflation" ?
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Yep, my bad.
According to the same inflation calculator:
"What cost $8500 in 1970 would cost $46443.30 in 2009."
"What cost $.28 in 1970 would cost $1.53 in 2009."
"What cost $1.85 in 1970 would cost $10.11 in 2009." So Vettes, gas, and minimum wage are a worse deal today than in 1970.
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