A 1956 Kodak Camera Priced at $625?
My grandparents had this camera and there was a cheaper version of it at my Dad’s house when he passed away last year. I never paid much attention to it (thinking it was some cheap device) until I was poking around last night at the Internet Archive, going through old television commercials.
Then I watched this one from Kodak in 1956 showing that camera which only cost $74. That doesn’t sound like much, right? A simple purchasing power calculator shows that the relative value of that $74 in today’s dollars would equal $625.00! (This answer is obtained by multiplying $74 by the percentage increase in the consumer price index from 1956 to 2012).
Wow. So I guess paying $199 for a subsidized smartphone—with a built-in camera far superior than this one in it—doesn’t seem like much, heh?
About Steve Borsch
Connecting the Dots Podcast
Podcasting hit the mainstream in July of 2005 when Apple added podcast show support within iTunes. I'd seen this coming so started podcasting in May of 2005 and kept going until August of 2007. Unfortunately was never 'discovered' by national broadcasters, but made a delightfully large number of connections with people all over the world because of these shows. Click here to view the archive of my podcast posts.