Originally Posted by
oldpedalpusher
Using a CPI inflation calculator that $500 1975 Paramount would cost only $2,000 in today's dollars... a bargain.
Greg
Using the governmen CPI calculator a $500 bike in 1972 would be $2500 now. I would note though that for many items it's calculations are way under actial price increases we have seen.
In 1972 I bought a new Porsche 911T for $7500. Price the cheapest 911 today. The same is true for most cars. Increases have been much more than government CPI figures would indicate.
Much the same is true for bicycles and I suspect that a good part of the price increase has been due to the Dollar decreasing in value compared to other major currencies.
__________________
Gear Hubs Owned: Rohloff disc brake, SRAM iM9 disc brake, SRAM P5 freewheel, Sachs Torpedo 3 speed freewheel, NuVinci CVT, Shimano Alfine SG S-501, Sturmey Archer S5-2 Alloy. Other: 83 Colnago Super Record, Univega Via De Oro
Visit and join the Yahoo Geared Hub Bikes group for support and links.
http://groups.yahoo.com/group/Geared_hub_bikes/