it happend on 8/12/....1908

[TAB]

the model T was released.  It sold for $850, the average americans salary in 1908 was $2-300, a year.



and you think your new car is expensive.

[m25operator]

Successful marketer that he was, after the initial rush, he gave his employees raises, so they could possibly afford one for themselves.

[DonWorsham]

What cost $850.00 in 1908 would cost $20123.62 in 2008.

http://www.westegg.com/inflation/

[tombogan03884]

What cost $850.00 in 1908 would cost $20123.62 in 2008.

http://www.westegg.com/inflation/

That is in line with gun prices, 1865 a modern military rifle (Henry) cost about a months wages for a common laborer , $30 - $40 Now a modern military style rifle costs about a months wages for a factory worker, $1500 -$2000

[TAB]

What cost $850.00 in 1908 would cost $20123.62 in 2008.

http://www.westegg.com/inflation/

when the average pay is 2-300 a year and something cost 850, that would be like 135k   as the average income in th eus is a little over 40k

[Sponsor]

[tt11758]

when the average pay is 2-300 a year and something cost 850, that would be like 135k   as the average income in th eus is a little over 40k

Sorry, but you're confusing increase in income rates with the rate of inflation.  Two VERY different things.

[Rastus]

Sorry, but you're confusing increase in income rates with the rate of inflation.  Two VERY different things.

Excellent point.