What is $5,000 worth today, and is it better than 1,600 in the 80's?


Hey Everyone,
So I found this nifty inflation calculator:
https://www.usinflationcalculator.com/
So today if you spent $5k on a piece of gear, it's the equivalent of around $1,600 in 1980.

What do you all think. Is gear better or worse?  Does your modern day $5k buy you more or less gear than $1,600 did in 1980?


Erik
erik_squires

Showing 2 responses by roberjerman

A silver dime is worth about a bit less than $1.50 (90% silver and 10% copper). Silver is trading in the range of $13 - $15 an ounce. And yes, things were a lot more affordable 40 - 50 years ago! Though wages were comparably lower.