Price/Cost Indexes from 1875 to 1989; Estimated to 2010Hart, Michael
General
Price/Cost Indexes from 1875 to 1989; Estimated to 2010
Hart, Michael
Cost and standard of living
Of course, since I used only the real prices we paid for drive
after drive, it was only a matter of time until the cost/price
index would begin to play an important role, and we now have a
database of drive prices long enough that the $3,000 price for
the Konan 5M External ST506 Apple Hard Drive Kit in 1979 was a
mere half of what it would be in today's 1993 dollars. Thus:
The first 5 1/4 hard drive we got [Seagate-ST506] should be at
$6,000 in today's pricing index, or, conversely, we should see
that the $850 we paid for a Toshiba 1.2G drive is really only:
$425 per 1200 megabytes. . .in 1979 dollars.
The Database of Project Gutenberg Drive Costs:
1971 $50,000 per 5M at $10,000 for the removable 5M drive chassis
each 5M added was about $1500
1979 $3000 per 5M at $600/M [Same ST506 drive as I got in 1983, but
1980 set up as external drive for the Apple]
1981 Prices unstable early on
1982
Prices VERY stable now, falling by about 1/3 per year.
1983 $1500 per 5M at $300/M (Please see footnotes directly below)*
1984 $1950 per 10M at $195/M (only Seagate drive in 1985 Blue Book)*
1985 $1500 per 20M at $75/M (some disagreement about the year here)
1986 $1500 per 40M at $37.50/M
1986 $1595 per 80M at $20/M --> (IBM listed in Blue Book as 1984 price)
1987 $1500 per 80M at $19/M (but I never saw until two years later)
1988 $1500 per 120M at $12.50/M
1989 $1500 per 200M at $7.50/M
1990 $1500 per 300M at $5/M
1992 $1000 per 1000M at $1/M [In Summer 1993 we got a Toshiba 1200 Meg]
1993 $666 per 1000M at $.67/M [Actual cost was $.71/M at $850 per 1200M]
1994 $444 per 1000M at $.44/M [IBM in 1993 was $.50/M @ $4000 per 8000M]
1994 $296 per 1000M at $.30/M
1995 $198 per 1000M at $.20/M
1996 $132 per 1000M at $.13/M
1997 $88 per 1000M at $.08/M
1998 $58 per 1000M at $.06/M
1999 $39 per 1000M at $.04/M
2000 $26 per 1000M at $.03/M
2001 $17 per 1000M at $.02/M
2002 $12 per 1000M at $.01/M
Disclaimer: most of these are personal recollections,
but are close to estimates I have looked up, as below.
[How is it that 1985 and 1990 can seem so LONG ago!?!]
*Suggested resale price was $771 in 1983, still over $150/M
*(by the 1987 edition, resale price was $89, only $9/M)
*Shugart and Tandon were not listed
*IBM DID list a 20M for $1595, only $80/M, couldn't find one
*IBM listed 360K floppies at $425 and 1.2M floppies at $650
*floppies dropping at 33%/yr are now under $100, of course,
*IBM 512K RAM cards were $1125, 256K RAM cards were $295
*IBM 128K RAM cards were $350
THE PROJECT GUTENBERG PRICE INDEX FROM 1875 TO 2010
How to use the chart, first set of examples:
The price in current 1993 dollars for any year is found in
the first column. Thus you can see that a one dollar item
from 1993 will cost about $1.95 in 2010.
Public-domain text, read in full here on John Shaqi.
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