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Old 09-01-2005, 05:34 AM   #7
tqtran
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Join Date: Aug 2004
Location: Indiana, USA
Posts: 416
Quote:
Originally Posted by limoncello
Data point - I found a cute book for my dad (82, born in 1923). The book lists all sorts of trivia for the year 1923. It included the price of gas (11 cents/gal) and gave the average income. I did the math against our current average wage (around $35-40,000 I think, depending on where you live) and $2.50 a gallon (2 weeks ago). Gas today is one half the percentage of income that it was in 1923. Reason? Probably increased efficiency in drilling, transporting, refining, etc.
(Near term reaction).
limoncello - Good point but sorry to say that you can not use your data. Anything $$$ wise pre June 5, 1933 is irrelevant.

longislander1 's data starting @1950 is good.
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