Wednesday, September 09, 2015

How can that be?

I thought about getting back into it. I have moved into a new house and have a now have somewhere to use as a workshop again. My enthusiasum was smashed a little when I checked in at Stewmac and found out that the cost of a kit has increased significantly over the years. In 2006 (was it really that long ago) I bought a Triple O bolt on mahogany kit for AU$487. They now cost AU$693.

I guess there are economists out there that can explain  42% increase over the decade.

I went looking online to see if other items have increased in that value also.

WHAT DO YOU REMEMBER ABOUT 2006?
Cost of things (U.S. Averages):
Gallon of Whole Milk~ $3.12 (Bureau of Labor Statistics bls.gov)
Dozen Eggs~ $1.30 (Bureau of Labor Statistics bls.gov)
Loaf of white bread~ $1.62 (Bureau of Labor Statistics bls.gov)
U.S. Postage Stamp~ 39 cents (Wikipedia)
New Car Price~ $28,739 (U.S. Dept. of Energy energy.gov)
Gallon of Gas~ $2.88 (U.S. Energy Information Administration eia.gov)
Movie Ticket~ $6.55 (National Association of Theatre Owners)
Price of new house~ $246,500 (Census.gov)
Cost of things in 2015 (U.S. Averages):
Gallon of Milk~ $3.75 (Bureau of Labor Statistics bls.gov
Dozen Eggs(Large, Grade A)~ $2.11 (Bureau of Labor Statistics bls.gov
Loaf of bread~ $1,48 (Bureau of Labor Statistics bls.gov)
U.S. Postage Stamp~ 49 cents 
New Car Price~ $ 32,495 (Kelley Blue Book kbb.com)
Regular Unleaded Gallon of Gas~ $2.11 (Bureau of Labor Statistics bls.gov)
Movie Ticket~ $8.30 (Boxofficemojo.com)
Median sales price of new house~ $294,300 (Census.gov)
So basically second to eggs - guitars have gone boom!!