Re:America’s favorite family outings are increasingly out of...
by locust101 on Tuesday July 19, 2022 @06:59PM
(#32159080)
https://www.in2013dollars.com/Beef-and-veal/price-inflation
It has gone up 4.12% per year compared to regular food inflation rate of 3.56%. So no it is not cheaper.
Re:America’s favorite family outings are increasingly out of...
by mbfg on Tuesday July 19, 2022 @05:43PM
(#32158377)
for interest, looked it up.
In 1950, porterhouse steak was $0.95 per pound.
Re:America’s favorite family outings are increasingly out of...
by code_biologist on Thursday July 21, 2022 @12:04AM
(#32175663)
Is that inflation adjusted? At least according to usinflationcalculator.com, $0.95 of 1950 dollars is $29.93 in 2022 dollars.
Edit: the bls.gov inflation calculator says $0.95 of 1950 dollars is $11.98 in 2022 dollars. :shrug:
The housing thing though for sure is a problem. Then again we are now concentrating more and more in big cities.
The one thing people always miss with these calculations is food. We think food is expensive now but the cost of chicken or beef is insanely cheap relative to really what it should be (or what it once was). A steak in the 1920s was probably a real treat.