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They’re probably comparing like items—so maybe a decent mid-range tv is the same price, but the same tv would be much cheaper. I paid $1k for a decent tv in 20
by mcphage 2y ago
They’re probably comparing like items—so maybe a decent mid-range tv is the same price, but the same tv would be much cheaper. I paid $1k for a decent tv in 2009, and then bought a new decent tv this year for the same $1k, but it’s a much nicer tv than before.
But I agree with you about the essential meaningless of that number. People buy a tv every X years (for me 15, apparently), but they buy food almost every day.
- yzydserd 2y agoRight, but imagine that with cars not TVs. To show the cost change of a car from 2000 to 2020 I wouldn't show the cost of a 2000-quality car in 2020. I'd show the actual median cost of a car in 2020.
- SpicyLemonZest 2y agoIt's more complicated for cars, because you often can't get a 2000s-quality car even if you want to. There just aren't any cars on the market today with the size and (lack of) features my current car has; whenever I need a new one, I'll have to either buy another ancient car from the 2000s or pay more for extra features and dimensions I don't need. With TVs, though, Best Buy sells 2000s-quality TVs for like 60 bucks. I don't think it makes sense to say that TVs haven't really decreased in price just because most people would prefer to buy the fancier ones.
- astura 2y agoThey still make small and normal sized cars (for now), they just aren't as popular anymore. I just did a check of the msrp for a cheaper Toyota Corolla near San Francisco and it's MSRP is almost exactly the same as the base 2000 Corolla when adjusted for inflation.