In a message dated 5/8/2003 2:28:28 PM Eastern Daylight Time,
classicrendezvous-request@bikelist.org writes:
> Whenever I hear people complain about the "prices of bikes these days" I
> head right over to The Inflation Calculator <
> http://www.westegg.com/
> Now the average price of these 9 bikes are $928 which is $535 in '84 , $238
> in '74, and $164 in '64.
> Using these calculations the bikes these days are a real deal. I'm sure
> someone can give us a breakdown of the $238 bikes of the mid-70s, so what
> were they so we can have a real comparison?
> enjoy,
> Brandon"monkeyman"Ives
> SB, CA
>
My Dad paid $250 (tax included) for a Peugeot PX-10 in 1974, and I paid $220 for the same bike in 1972. When I bought mine, the only other bike I could find with a full 531DB frame that was as cheap was a Mercian... everything else was higher.
Bob Hovey
Columbus, GA