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Monday, November 15, 2010

Price of Tea in China.

Earlier today a meebo patron asked where they could find pricing information on various objects. Sadly, I was unable to help them right away, but I’ve since found Grey House Publishing’s Value of a Dollar. This reference book has all sorts of prices available for different goods. It also contains average salaries for different careers and shows how much money folks spent on different products. Value of a Dollar would be a great resource for anyone who is interested in consumer patterns or price influxes in different products. Here are a few examples of some interesting figures!

In 1932 you could get a gallon of Cod Liver Oil for $1.79. (214)

In 1903 you could’ve enjoyed a whole gallon of White Line Whiskey of only $3.50. (55)

In 1968 ten cartridges of Gillette razors cost a measly $0.99. (399)

In 1981 the 1.3 cu ft GE Spacemaster microwave oven cost $689.99. (460)

So doesn’t it feel great to know that while prices will rise and fall you can always get quality help from MLC for free?

Derks, Scott and Elizabeth Derks, Tony Smith. The Value of a Dollar: Prices and Incomes in the United States. Amenia, NY:Grey House Publishing,2009.

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