Login with Patreon
Login with Patreon

The High Cost of Living in 1979

Have you ever read

strip from the Sheldon archives?

Sheldonista Nolan B. did, and he sent me this e-mail afterward:

Hey Dave! My name is Nolan and I’m a big fan.

I was looking through your archives and I noticed that Grandpa spent
$1,300 on a Microwave in 1979. Check out the information I got from

In 2002, $1,300.00 from 1973 is worth:
$5,261.42 using the Consumer Price Index,
$4,252.76 using the GDP deflator,
$5,559.30 using the value of consumer bundle,
$5,110.79 using the unskilled wage,
$7,232.43 using the nominal GDP per capita,
$9,843.41 using the relative share of GDP. [He spent] four to ten thousand dollars on a microwave!

Thing better have a rack…