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Gas Prices in the 1970s

Started 9 months ago | Photos thread
xpatUSA
xpatUSA Forum Pro • Posts: 23,016
Re: Gas Prices in the 1970s

Doppler9000 wrote:

xpatUSA wrote:

Scottelly wrote:

larryj wrote:

A fill up was under $7.00 on the 20 gallon gas tank!

and a new Porsche cost $4,000.

. . . and I remember my mom telling me back then that a good income was $20,000 per year, which was what an airline pilot or an engineer might make at that time. Today a new Porsche costs around $100,000, but an airline pilot or engineer doesn't make $500,000 (more like half that or less). We can see how society has "progresse" by affordability of vehicles, homes, food . . . and, of course, gas. It seems to me that society hasn't progressed, but regressed, since just about all things have become more expensive.

Agreed!

At one time, back in England, true inflation was measured by the price of a Mars bar.

I also remember when a box of matches contained on average 50 of them ...

The sports car market has changed significantly in the past 50 years.

In 1975, a Porsche Turbo Carrera was $25,850. It made 234 horsepower and did 0-60 in 5.9 seconds, 20 mpg.

A 2021 Subaru WRX STI was $38,170. 305 hp, 0-60 in 5.3 seconds, 0.93g lateral acceleration, 25 mpg, navigation, airbags, etc., etc.

In 2021, the average pilot at a major US airline made more than $200,000.

It was Scott that was discussing cars and pilot salaries, not me.

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