Thread: 40 years ago
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Old May 1st 07, 06:08 AM posted to rec.aviation.piloting
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Default 40 years ago

http://www.westegg.com/inflation/ is interesting for things like this.
Some economists will argue with the numbers but it at least gives some
kind of indication. Since it doesn't yet go to 2007, I used 2006 as
the ending year and moved the start back a year for all of these.


H. Adam Stevens wrote:
I soloed on May 2, at 10 hours, in Cessna N8624J, a brand new 150, the
first student to solo in it.
The rent was $7/hr wet.


$7 in 1966 - $43 in 2006


Richard Riley wrote:
In 1967, my parent's house sold for $25,000. My dad bought a new
Chevy for about $2100, and a gallon of regular was about $.35.


$25,000 in 1966 - $150,000 in 2006
$2,100 in 1966 - $13,000 in 2006
$0.35 in 1966 - $2.20 in 2006


Gene Seibel wrote:
Passed my checkride 30 years ago, May 6, 1977. 150's were going for
$16 wet then.


$16 in 1976 - $58 in 2006


From: Ron Wanttaja wrote:
Back in '76, our CAP Citabria was going for $10/hour and the L-19 Bird
Dog for $13/hour. Wet, of course.


$10 in 1976 - $36 in 2006
$13 in 1976 - $47 in 2006


"Maxwell" wrote:
I soloed at 7.3 hours, about 5 years later in 1972. Apparently I was
getting robbed. I was having to get $10/hr wet, and $15/hr for dual.
I think avgas was about 45 cents a gallon at that time.


$10 in 1971 - $50 in 2006
$15 in 1971 - $75 in 2006
$0.45 in 1971 - $2.30 in 2006


Me, I only soloed about a month and a half ago, so I don't have any "Old
Fart" credentials.

Matt Roberds