[TR] Car prices from back when

Randall tr3driver at ca.rr.com
Thu Jun 17 11:26:48 MDT 2010


> In mid-1972, living and working in NYC, I paid about $3500 for my new
> 1971 (it was sold to me as a 1972, I found out only a couple of years
> ago that it actually was a 1971) MGB-GT.  

Just for chuckles, I looked it up and did the math.  Assuming the numbers
published by the SSA (the US government agency responsible for the national
retirement plan) are accurate, paying $3500 in 1972 corresponds to paying
$20k in 2008 (last year with published average wages).
http://www.ssa.gov/OACT/COLA/AWI.html

-- Randall 


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