The price of stuff ...
Discussion
Fastchas said:
In 1990 I remember the price of diesel being MUCH cheaper then petrol. Then the Iraq/Kuwait war started, diesel and petrol rose sharply in price. Since then diesel has never been cheaper than petrol. I can't remember the prices and can't find them online for 1990, anyone?
I started driving in December 1990, and I can remember that petrol was £1.89 per gallon. Lord knows why that sticks in my mind, wish it didn't!The first blank CD's I bought (which I could only source from the USA) were £30 each. Plus P&P. Ouch.
Still, I was the only composer submitting CD demos - not cassettes, so got loads of work! (I'm sure people were just impressed by the tech).
TVs were also miles more expensive than now. My first job was selling/delivering them in 1974 and a decent set would have cost 3+ months (of my) wages.
...and my first 2.7mp DLSR in 2000 was over £4000 with no lens! A £300 Sony compact now takes better photos than it ever did.
Still, I was the only composer submitting CD demos - not cassettes, so got loads of work! (I'm sure people were just impressed by the tech).
TVs were also miles more expensive than now. My first job was selling/delivering them in 1974 and a decent set would have cost 3+ months (of my) wages.
...and my first 2.7mp DLSR in 2000 was over £4000 with no lens! A £300 Sony compact now takes better photos than it ever did.
LeighW said:
Fastchas said:
In 1990 I remember the price of diesel being MUCH cheaper then petrol. Then the Iraq/Kuwait war started, diesel and petrol rose sharply in price. Since then diesel has never been cheaper than petrol. I can't remember the prices and can't find them online for 1990, anyone?
I started driving in December 1990, and I can remember that petrol was £1.89 per gallon. Lord knows why that sticks in my mind, wish it didn't!
LeighW said:
Fastchas said:
In 1990 I remember the price of diesel being MUCH cheaper then petrol. Then the Iraq/Kuwait war started, diesel and petrol rose sharply in price. Since then diesel has never been cheaper than petrol. I can't remember the prices and can't find them online for 1990, anyone?
I started driving in December 1990, and I can remember that petrol was £1.89 per gallon. Lord knows why that sticks in my mind, wish it didn't!TX.
MiggyA said:
Yep, the money is increasingly tied up in housing these days. Most other everyday things seem stagnant or at the least, cost of production has decreased ahead of increase in money supply/average wages.
The percentage increase in house prices dwarves everything else.We visited some relatives on the weekend. They have lived in the same house (standard semi in north London) since 1990.
It cost £100k then, and is probably worth £700k now. One of the neighbours has a brand new Bentley Continental GT Convertible. It looks a bit out of place but is worth about 20% of the value of house. Back in 1990, the equivalent car would have been worth almost as much as the house.
I can remember the huge outcry in 1965? when petrol went up to the stratospheric price of 5 shillings a gallon ( 25p per 4.5 litres )
Allowing for inflation, that is roughly 77p per litre in today's terms.
Yes, we are being ripped off. We don't even get expensive lead additives in today's stuff. Just nasty corrosive bio-ethanol that rots your fuel lines and seals
Allowing for inflation, that is roughly 77p per litre in today's terms.
Yes, we are being ripped off. We don't even get expensive lead additives in today's stuff. Just nasty corrosive bio-ethanol that rots your fuel lines and seals
glenrobbo said:
I can remember the huge outcry in 1965? when petrol went up to the stratospheric price of 5 shillings a gallon ( 25p per 4.5 litres )
Allowing for inflation, that is roughly 77p per litre in today's terms.
Yes, we are being ripped off. We don't even get expensive lead additives in today's stuff. Just nasty corrosive bio-ethanol that rots your fuel lines and seals
I didn't start buying fuel until the 70's, but can remember it being thirty something pence per gallon at the start of the 70's (when we decimalised) then being the same price per litre at the start of the 80's so almost a fivefold increase in 10 years.Allowing for inflation, that is roughly 77p per litre in today's terms.
Yes, we are being ripped off. We don't even get expensive lead additives in today's stuff. Just nasty corrosive bio-ethanol that rots your fuel lines and seals
Terminator X said:
Inflation has led to that increase though over 27 years. My point with the CD is that they are cheaper today vs 1991 even though we've had 26 years of inflation!
TX.
Tech always goes down in price. I remember £10k 42" plasma TVs as recently as 2002 - now that screen size starts at about £200.TX.
CDs were always a rip off in the 80s/90s. They were sold at a premium to LPs based on perceived higher quality, but they are much cheaper to produce and distribute, especially once they became the dominant format in the 90s.
Vinyl LPs have gone up even more in that time. An LP would have been a few pounds cheaper than the equivalent CD in 1990, but now they are £20+. That is mainly due to it being a niche product now.
It's odd as with things like music, it's become cheaper to buy. I recall heading to HMV in the 90s and seeing albums from £12-£18 and that not being entirely uncommon. I think with the birth of Play.com where CDs would be bought for £8 with free postage it forced prices down. Now if I see a CD for more than £10 I wait until it's cheaper.
Same goes for video games as well. I recall saving my pocket money to buy a Megadrive game so must have been early 90s and buying Turtles Tournament Fighters, for £45!! Probably the equivalent of about £80 today and yet video games are still around the £40 mark when they're first out.
Same goes for video games as well. I recall saving my pocket money to buy a Megadrive game so must have been early 90s and buying Turtles Tournament Fighters, for £45!! Probably the equivalent of about £80 today and yet video games are still around the £40 mark when they're first out.
So generally, frivolous 'luxury' items such as electronics, hoildays, new cars/finance are FAR cheaper and important stuff, like say, buying a house, was much cheaper?
That really does explain the attitudes of people of a certain age have towards millennials and their spending habits. These days the savings you'll make from not having the latest mobile phone, a large telly and a week in spain isnt going to make a jot of difference in terms of being able to buy a house, while i imagine back in the 70s/80s they were significant outlays and would be seen as frivolous wastes of money?
That really does explain the attitudes of people of a certain age have towards millennials and their spending habits. These days the savings you'll make from not having the latest mobile phone, a large telly and a week in spain isnt going to make a jot of difference in terms of being able to buy a house, while i imagine back in the 70s/80s they were significant outlays and would be seen as frivolous wastes of money?
Alex_225 said:
It's odd as with things like music, it's become cheaper to buy. I recall heading to HMV in the 90s and seeing albums from £12-£18 and that not being entirely uncommon. I think with the birth of Play.com where CDs would be bought for £8 with free postage it forced prices down. Now if I see a CD for more than £10 I wait until it's cheaper.
Same goes for video games as well. I recall saving my pocket money to buy a Megadrive game so must have been early 90s and buying Turtles Tournament Fighters, for £45!! Probably the equivalent of about £80 today and yet video games are still around the £40 mark when they're first out.
Music has had to become cheaper as people just aren't buying it. When iTunes came to prevalence they were charging about £10 per album. Then Spotify came out enabling streaming of all of the music that they wanted for £10 on all of their devices and most people stopped buying music altogether.Same goes for video games as well. I recall saving my pocket money to buy a Megadrive game so must have been early 90s and buying Turtles Tournament Fighters, for £45!! Probably the equivalent of about £80 today and yet video games are still around the £40 mark when they're first out.
I am sure I saw a stat recently that showed paid for digital downloads are now behind CD and vinyl again in terms of sales.
Wacky Racer said:
My first VHS Ferguson video recorder was £575 in 1975.
Probably around £2500 today.
Asda were selling new ones a few years back for £40.00
According to the Bank of England inflation calculator, your £2,500 should be more like £4,426! Probably around £2500 today.
Asda were selling new ones a few years back for £40.00
Rawwr said:
Yeah, Lidl do a 20-pack of dual blade razors for £3.29 and I actually find them better than my old Gillette Turbo Stealth Mach VII GTI Fist Power Hammer Steel XL.
I grew a beard 
(because I wanted to, not to save money) bought a hair cutting set and beard trimmer for 50 quid total, haven't shaved or been to a barbers for over 6 years now, a modest estimate is that its saved me 7-800 quid.patmahe said:
I grew a beard (because I wanted to, not to save money) bought a hair cutting set and beard trimmer for 50 quid total, haven't shaved or been to a barbers for over 6 years now, a modest estimate is that its saved me 7-800 quid.
On the downside though, you do have a beard. (because I wanted to, not to save money) bought a hair cutting set and beard trimmer for 50 quid total, haven't shaved or been to a barbers for over 6 years now, a modest estimate is that its saved me 7-800 quid.Rawwr said:
patmahe said:
I grew a beard (because I wanted to, not to save money) bought a hair cutting set and beard trimmer for 50 quid total, haven't shaved or been to a barbers for over 6 years now, a modest estimate is that its saved me 7-800 quid.
On the downside though, you do have a beard. (because I wanted to, not to save money) bought a hair cutting set and beard trimmer for 50 quid total, haven't shaved or been to a barbers for over 6 years now, a modest estimate is that its saved me 7-800 quid.
savage!
Rawwr said:
patmahe said:
I grew a beard (because I wanted to, not to save money) bought a hair cutting set and beard trimmer for 50 quid total, haven't shaved or been to a barbers for over 6 years now, a modest estimate is that its saved me 7-800 quid.
On the downside though, you do have a beard. (because I wanted to, not to save money) bought a hair cutting set and beard trimmer for 50 quid total, haven't shaved or been to a barbers for over 6 years now, a modest estimate is that its saved me 7-800 quid. I figured there'd be a response along these lines so I'll just add.<inbetweeners mode>Your Mum seems to like it</inbetweeners mode>
patmahe said:
Rawwr said:
patmahe said:
I grew a beard (because I wanted to, not to save money) bought a hair cutting set and beard trimmer for 50 quid total, haven't shaved or been to a barbers for over 6 years now, a modest estimate is that its saved me 7-800 quid.
On the downside though, you do have a beard. (because I wanted to, not to save money) bought a hair cutting set and beard trimmer for 50 quid total, haven't shaved or been to a barbers for over 6 years now, a modest estimate is that its saved me 7-800 quid. I figured there'd be a response along these lines so I'll just add.<inbetweeners mode>Your Mum seems to like it</inbetweeners mode>
First class comeback there by patmahe. 
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