Money Talks: Then and Now

We’re currently in a period of high inflation right now. But how have the prices of specific items increased over the past decade? The past 50 years? Has anything gotten cheaper? We’ll look into the prices of homes, college, electronics and more on the show today.

https://www.marketplace.org/2022/08/17/money-and-millennials-the-cost-of-living-in-2022-vs-1972/

https://better.com/content/how-much-home-prices-have-risen-since-1950/

https://www.valuepenguin.com/mortgages/historical-mortgage-rates

• A White Cross Electric Hair Dyer cost $10 in 1915 – that’s $234 in today’s dollars. Now the average price of a hair dryer is $25 to 50.
• In 2001, a 5GB iPod Classic cost $400 or $535 in today’s dollars. Now, a 16GB iPod Touch is $199
• In 1939 a RCA TRK-12 TV set was $600. In Today’s dollars that’s $10,218. But today a 65 inch RCA HD LED TV costs $1099.99
• In 1925, Maytag sold the “Gyrafoam” Washer for $145. It today’s dollars that’s $1962. Today, a traditional Maytag washer is $599.
• If you wanted to fly Delta Airlines, round trip between Dallas and Jackson in 1929 it would cost you $90. That’s $1246 in today’s dollars. A trip now will set you back $327.

https://articles.bplans.com/12-products-prices-changed-last-100-years/

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