4 ms·
To be fair, we should also consider expenses. All-Transactions House Price Index for the United States [1] Q4 1997: 204.87 / Q2 2024: 682.18 i.e., roughly 3.
by atmavatar 2y ago
To be fair, we should also consider expenses.
All-Transactions House Price Index for the United States [1]
Q4 1997: 204.87 / Q2 2024: 682.18
i.e., roughly 3.33x
Median Consumer Price Index [2]
1997-12: 170.42938 / 2024-09: 353.73857
i.e., roughly 2.07
Take that as you will (I was mostly curious).
Interestingly, it seems console prices have kept pace with inflation.
NES at release: $180 ($428 adjusted for inflation)
PS5 right now: $450 (standard) / $500 (slim) / $700 (pro)
[1]: https://fred.stlouisfed.org/series/USSTHPI https://fred.stlouisfed.org/series/USSTHPI
[2]: https://fred.stlouisfed.org/series/MEDCPIM094SFRBCLE https://fred.stlouisfed.org/series/MEDCPIM094SFRBCLE
- dragonwriter 2y agoThe CPI was already built into the discussion (the original discussion was inflation--CPI adjusted--prices, and this branch was about a comment that indicated that wages had not kept price with inflation) and the housing price thing just indicates that buying a house has gotten more expensive even adjusting for inflation, which is true but way afield of the discussion of game prices.