Prices
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ryan20strohl
- Member
- Posts: 145
- Joined: Tue. Jul. 03, 2012 10:00 pm
- Stoker Coal Boiler: efm coal boiler
- Coal Size/Type: rice
- Other Heating: Bryant evolution heat pump
How much was a efm 520 in 1950s
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stoker-man
- Verified Business Rep.
- Posts: 2071
- Joined: Mon. Nov. 19, 2007 9:33 pm
- Location: Lehigh Valley, PA
- Hand Fed Coal Boiler: 1981 efm wcb-24 in use 365 days a year
- Coal Size/Type: Anthracite/Chestnut
- Other Heating: Hearthstone wood stove
I don't think I ever saw any pricing, but I might be able to find out.
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lsayre
- Member
- Posts: 21781
- Joined: Wed. Nov. 23, 2005 9:17 pm
- Location: Ohio
- Stoker Coal Boiler: AHS S130 Coal Gun
- Coal Size/Type: Lehigh Anthracite Pea
- Other Heating: Resistance Boiler (13.5 KW), ComfortMax 75
Officially the dollar has lost close to 90% of its purchasing power since 1950, so even if you know the 1950 price it will have little relevance to todays pricing.
http://www.bls.gov/data/inflation_calculator.htm
Per the governments very own inflation (I. E., dollar devaluation) calculator, it takes $9.69 today to purchase what you could buy with a single dollar in 1950. But it's probably somewhat worse than that, as the government doesn't track inflation very honestly (mainly because Social Security is indexed to it). The average price of a new car in 1950 was $1,510. Today it is around $32,000. By the car measure the dollar has lost a bit more than 95% of its value since 1950. With a 95% decline, a $200,000 home today would have sold for $10,000 in 1950, and that seems about right.
http://www.bls.gov/data/inflation_calculator.htm
Per the governments very own inflation (I. E., dollar devaluation) calculator, it takes $9.69 today to purchase what you could buy with a single dollar in 1950. But it's probably somewhat worse than that, as the government doesn't track inflation very honestly (mainly because Social Security is indexed to it). The average price of a new car in 1950 was $1,510. Today it is around $32,000. By the car measure the dollar has lost a bit more than 95% of its value since 1950. With a 95% decline, a $200,000 home today would have sold for $10,000 in 1950, and that seems about right.