Login
or
Register
Subscriber & Member Login
Login, or register today to interact in our online community, comment on articles, receive our newsletter, manage your account online and more!
Login
Register
Home
»
Model Railroader
»
Forums
»
General Discussion (Model Railroader)
»
Who can continue to pay for this hobby?
Edit post
Edit your reply below.
Post Body
Enter your post below.
[quote user="BRAKIE"]<p><span class="inlineLink" onclick="window.open('/TRC/CS/user/Profile.aspx?UserID=289502')"><strong><font color="#555555">Gumby4,I don't think $10.00 in 1956 is $74.95 in todays market..$10.00 back in the 50s would by a lot of stuff.$74.95 won't buy much today at full MRSP.I suspect it would buy 2 pair of Lee jeans though.Back in 56 you could buy a good use late model car for $50.00 now a good use late model car will cost around $8,500-14,000 plus interest rate for the loan..Back in 1956 Athearn cars was 99 cents,you could buy a Tenshado GP7 for $21.95..How about a United AT&SF 2-8-0 for $34.95?</font></strong></span></p> <p><span class="inlineLink" onclick="window.open('/TRC/CS/user/Profile.aspx?UserID=289502')"><strong><font color="#555555">Calculators isn't the best way to compare prices in the 50 to today..Even the cost of living was cheaper back then.</font></strong></span></p>[/quote]<br><br>The whole point of that calculator is to factor in the cost of living. That is what the FED does when comparing the current economy to past economies. <br><br>But let me get this straight..... In 1956 one could buy an United AT&SF 2-8-0 for $34.95 but buy a late model auto for $50?? Seems that MMR was more expensive in 1956 than today.<br>
Tags (Optional)
Tags are keywords that get attached to your post. They are used to categorize your submission and make it easier to search for. To add tags to your post type a tag into the box below and click the "Add Tag" button.
Add Tag
Update Reply
Subscriber & Member Login
Login, or register today to interact in our online community, comment on articles, receive our newsletter, manage your account online and more!
Login
Register
Users Online
There are no community member online
Search the Community
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Model Railroader Newsletter
See all
Sign up for our FREE e-newsletter
and get model railroad news in your inbox!
Sign up