1975 Dollars (was RE: State of the Hobby)

From: Christian Fandt <cfandt_at_netsync.net>
Date: Fri Jul 2 20:01:05 1999

Upon the date 11:10 AM 7/1/99 -0700, Kai Kaltenbach said something like:
>I grabbed the Consumer Price Index history off the web, pasted into Excel,
>and applied the percentage changes cumulative from 1975.
>One 1998 dollar = $2.95 in 1975 dollars (ouch, those Carter administration
>years! Thank goodness for Greenspan)
>Therefore, an assembled Altair 8800 with 4x2K static RAM, serial, parallel,
>cassette, and bus expansion, $1880 in 1975 dollars, would be the equivalent
>of $5546 today.
>An Apple Lisa base configuration ($9995 in 1983 dollars) would be $16,169
> -----Original Message-----
>From: John Foust [mailto:jfoust_at_threedee.com]
>Sent: Thursday, July 01, 1999 10:45 AM
>To: Discussion re-collecting of classic computers
>Subject: Re: State of the Hobby
>At 11:02 AM 7/1/99 -0600, you wrote:
>>In a recent auction on eBay, a MITS Floppy Disk Drive was auctioned off at
>>$565. "WOW!" you may say, but that unit cost $1300 when new, and that was
>>in dollars that were a DOLLAR, and not just the price of a candy bar.
>I suppose there must be a web site, somewhere, that would let you enter
>a date and a US dollar amount, and would show you the equivalent value
>in today's dollars, accounting for actual inflation, etc. in the
>intervening years.

Actually there is something that should give some sort of results you are
looking for. Here's a useful site I found quite awhile ago that is on the
Johnson Space Center server:

http://krakatoa.jsc.nasa.gov/bu2/inflate.html and look at the "GDP
Deflator Inflation Calculator" link.

I suppose it's a valuable tool to forecast project expenses into the future
as project development can last for many years in NASA.

Regards, Chris
-- --
Christian Fandt, Electronic/Electrical Historian
Jamestown, NY USA cfandt_at_netsync.net
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Received on Fri Jul 02 1999 - 20:01:05 BST

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