Thursday, October 29, 2015

Tech Has Gotten A Whole Lot Cheaper

If you're frustrated over the rising cost of necessities, these numbers should cheer you up. Some of the items we value most highly are a whole lot cheaper than they used to be. For every $100 you spent on these items in 1997, an item of similar quality today would cost...

Television: $5.50
Computer: $4.20
Computer software: $36.80
Internet service: $76.00
Audio equipment: $40.40
Photographic equipment: $41.50

Some tech is getting more expensive. For every $100 you devoted to cable service in 1997, you're now paying a larger $180.50.

Source: Bureau of Labor Statistics, Long-term Price Trends for Computers, TVs, and Related Items

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