Calif. GA$
I think I paid about $2.39 for mid grade last week.
Any one know what that is in 1970 bucks?
edit: google scores
In 1970, $2.39 from 2003 is worth:
$0.50 using the Consumer Price Index
$0.62 using the GDP deflator
$0.48 using the unskilled wage
$0.32 using the GDP per capita
$0.23 using the relative share of GDP
edit2: The www.bls.gov calculator says that
In 1970, $2.39 from 2005 is worth:
$0.48 using the Consumer Price Index
And this neat chart seems to show that gas prices (adjusted for inflation) are about the same as they were in 1950.
I think I paid about $2.39 for mid grade last week.
Any one know what that is in 1970 bucks?
edit: google scores
In 1970, $2.39 from 2003 is worth:
$0.50 using the Consumer Price Index
$0.62 using the GDP deflator
$0.48 using the unskilled wage
$0.32 using the GDP per capita
$0.23 using the relative share of GDP
edit2: The www.bls.gov calculator says that
In 1970, $2.39 from 2005 is worth:
$0.48 using the Consumer Price Index
And this neat chart seems to show that gas prices (adjusted for inflation) are about the same as they were in 1950.
