Adjusted for inflation, that's over $26K in 2015 dollars [0]. But of course the punch line is that price increases since then have significantly outpaced inflat

Adjusted for inflation, that's over $26K in 2015 dollars [0]. But of course the punch line is that price increases since then have significantly outpaced inflation. This phenomenon is known as Baumol's cost disease. [0] http://inflationcalculator.us/ http://inflationcalculator.us/