I just looked up the median family income in 1967.It was $42,000, far more than I expected. $5,000 was about 9% of average income, so that sure seems affordable. One heck of a deal he got, for sure.
In production, it would have retailed for $7,500. That still wasn’t that much of the average family income for such a high performamce beast. People are willing to pay far more today for performance.
“I just looked up the median family income in 1967.It was $42,000, far more than I expected. $5,000 was about 9% of average income, so that sure seems affordable. One heck of a deal he got, for sure.”
https://www.davemanuel.com/median-household-income.php
Depends on Per-household or per family. Between 7,200 and 8,000 instead of what you suggest.
https://www2.census.gov/prod2/popscan/p60-062.pdf
I knew you we wrong as I has started working shortly thereafter.
Forty two grand median family income in ‘67 seems way high to me. I would question the source.
The $42,000 number was adjusted for inflation to a year or two ago. The actual average family income in 1967 in 1967 dollars was $7,200 according to a 1969 Social Security report I found online.
Back then food took nearly twice as much of the average family’s income as it does today.