prices

prices

PostBy: ryan20strohl On: Thu Nov 28, 2013 10:02 pm

How much was a efm 520 in 1950s
ryan20strohl
 
Stoker Coal Boiler: efm stoker and allen stoker
Coal Size/Type: rice and buck
Other Heating: allen stoker
Stove/Furnace Make: EFM
Stove/Furnace Model: 520

Re: prices

PostBy: stoker-man On: Fri Nov 29, 2013 6:19 am

I don't think I ever saw any pricing, but I might be able to find out.
stoker-man
 
Hand Fed Coal Boiler: 1981 efm wcb-24 in use 365 days a year
Coal Size/Type: Anthracite/Chestnut
Other Heating: Hearthstone wood stove

Re: prices

PostBy: lsayre On: Fri Nov 29, 2013 6:52 am

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.
lsayre
 
Stoker Coal Boiler: AHS S130 Coal Gun
Coal Size/Type: Anthracite Pea
Other Heating: Resistance Boiler (if I ever get it fixed)