Re: [Pen-l] Query

[Carrol Cox <cbcox@xxxxxxxxx>]

raghu wrote:
> 
> On Fri, May 2, 2008 at 8:30 AM, Jim Devine <jdevine03@xxxxxxxxx> wrote:
> > Carrol Cox wrote:
> >  > What would be he equivalent amount today for $0.17 in 1936?
> >
> >  since the US BLS consumer price index for an urban consumer rose
> >  15.36-fold over the period 1936 to March 2008, 17 cents in 1936 would
> >  be the rough equivalent of $2.61.
> 
> So it is "Brother can you spare a buck" this time around?
> -raghu.


I'm trying to get a feel of the realtive real prices when I was in first
grade and now. I happen to remember just three or four prices from the
mid-30s. One of them was the price of gasoline: 6 gals. for $1. Another
10 cents (sometimes a nickel) for a hamburger; 3 _huge_ hershey bars for
a dime.

My mothet's monthly salary as a rural elementary teacher was $50 (for
nine months). Even by 1942 it had only gone up to $90.


Carrol

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