According to CPI Inflation Calculator, $24k in 1995 has the buying power of $49,129.10 today. Plug in some numbers from years when you remember cars being inexpensive, and see how much they’re equivalent to today.
That $.30 gallon of gas in 1960 is equivalent to $3.15 today.
The 1996 Geo Prism I bought for $15k (my first brand new car), doesn’t seem like such a good value anymore!
Here’s $24,000. Buy something new in 1995
$11K for a Mustang LX in 1987 and it could SMOKE almost anything else.
It didn’t have airbags, infotainment, MIGHT have had power windows and mirrors, probably no cruise control either. Those options are expected in any base model car now.
I didn’t have a cable bill, I didn’t have a cell phone bill. The refrigerator only had a freezer and cold box, no ice maker.
Different standard of living, different times.