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Deleted member 16736
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Thanks for the link. At those prices, I'll wear a cloth jacket. I've grown tired of obsessing over $1300 jackets. I need to find more affordable clothing.
From "The People History": How Much things cost in 1937: Average Cost of new house $4,100.00. Average wages per year $1,780.00. Cost of a gallon of Gas 10 cents. Average Cost for house rent $26.00 per month. A loaf of Bread 9 cents. A LB of Hamburger Meat 12 cents. Average Price for new car $760.00. Toothpaste 35 cents.
Below are some Prices for UK guides in Pounds Sterling
Average House Price 540.
Looking at comparative costs of other everyday expenses, it's interesting to see where product values increased or decreased over time. It's "apples to oranges" as they say, but if toothpaste was still 3.5 times more expensive then gasoline, we'd be paying about $12 for a tube of Colgate here in the States.
Using the 1937 gasoline scale of economics, that $8.98 leather jacket would cost $315 today.
Some product costs have jumped exponentially since then, others have drastically declined. I'm no economics expert (far from it!) but I find this sliding scale of cost/expense interesting and am curious about the leather jacket part of it.
From "The People History": How Much things cost in 1937: Average Cost of new house $4,100.00. Average wages per year $1,780.00. Cost of a gallon of Gas 10 cents. Average Cost for house rent $26.00 per month. A loaf of Bread 9 cents. A LB of Hamburger Meat 12 cents. Average Price for new car $760.00. Toothpaste 35 cents.
Below are some Prices for UK guides in Pounds Sterling
Average House Price 540.
Looking at comparative costs of other everyday expenses, it's interesting to see where product values increased or decreased over time. It's "apples to oranges" as they say, but if toothpaste was still 3.5 times more expensive then gasoline, we'd be paying about $12 for a tube of Colgate here in the States.
Using the 1937 gasoline scale of economics, that $8.98 leather jacket would cost $315 today.
Some product costs have jumped exponentially since then, others have drastically declined. I'm no economics expert (far from it!) but I find this sliding scale of cost/expense interesting and am curious about the leather jacket part of it.
Of course, back in the 1930s, these were mass produced and sold by Sears. If something like this were produced today, it would be disparaged by most of the people on here as a "mall jacket".
Of course, back in the 1930s, these were mass produced and sold by Sears. If something like this were produced today, it would be disparaged by most of the people on here as a "mall jacket".