Originally Posted by
McBTC
Hard to say given the change in the value of the dollar -- my first new road bike was a Schwinn Sierra 15 speed: $200. In today's dollars that would be about $1,500 --e.g.,$100 more than the alloy bike I bought this year and a few hundred less than the first CF bike I bought years ago.
According to
Inflation Calculator | Find US Dollar's Value from 1913-2015 , that woulda been in 1965 or 1966.