Cost of a new EFM520 in the 60's ???

Does anybody have any idea of what a new EFM 520 cost back in the late 50's or early

60's. Stoker and boiler, without installation.

RB

$500 - $1000

stoker-man wrote:$500 - $1000

In today's money that is about $6,000 -$12,000 Can you say inflation! get ready for more.In two years it will cost 20,000 or more. Only paychecks won't go up as fast.

That would be $3,654.22 to $7,308.45 in today's dollars, using 1960 as the year in this CPI calculator.

For example if you earn $1000.00 per week now it's equal to a $136.83 paycheck in 1960 dollars.

http://www.bls.gov/data/inflation_calculator.htm

Well I would think that if it hit the cost of $20,000 you can kiss them goodbye. I don't believe many people would make that kind of investment.

It's all relative....but it still sucks! Pelosi and Reid are probably trying some diversion as we speak....some call that the Massachusetts advantage up here. Smitty has some more more technical response I think!

Concerning the EFM pricing...not all of them are "Classics" Some are JUNK!...just like cars, houses, boats, planes, women....wait a minute, who stuck that one in there..... Like people, judge each and every one on a one-off basis.
Most are terrific, some need surgery to remove the 'pesky hair' that 'impacts' them!


Investment....people pay whatever makes them feel 'complete'. A hundred grand for a solar system, a hundred grand for a wind tower and generator, whatever the price of a new car or WORSE YET, a new truck that gets 10 MPG! WOW!!

people pay whatever makes them feel 'complete'. A hundred grand for a solar system, a hundred grand for a wind tower and generator

When you say people, you mean the working man paying the taxes, right? Since I am subsidizing that windmill, etc.