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fish-fido said:
So according to CPI, that car was a better deal than most new cars today.
fish-fido said:
Depends on how you measure.
$2099 in 1959 has a relative price worth of $19,651.35 today using the Consumer Price Index (CPI)
$2099 in 1959 has a relative price worth of $15,041.83 today using the GDP Deflator.
The Wage, Income, Household Expenditure Measures
$2099 in 1959 has a relative wage of $25,829.28 paid to an Unskilled Worker today.
$2099 in 1959 has a relative wage of $34,594.95 paid to paid to a Production Worker today.
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