Really?... Doing the math.
1987 income verses 2023
1987 income verses 2023
In 1987 the average income was $30,850
to equal that today... $83,460
or 2.7 times that of 1987.
So... based on the increase in income,
what cost $15 in 1987
Should cost 2.7 times that or $40.58 today.
Some goods or services will be less than the 2.7 times,
some will be greater than 2.7 times the 1987 cost.
If something cost $15 in 1987
And now costs $159 today
That is 10.6 times greater
QUITE THE DISPARITY.
So what costs 10.6 times
what it did in 1987?
Not income!
10.6 times $30,850 in 1987
would be over $300,000 today
(not clearly did not happen)
So what costs 10.6 times what it did in 1987?
The cost to get into Magic Kingdom.
1987... $15.00
2023... $159.00
Just something to think about,
When you relate current income
to current Disney prices.
1987 Prices
2023 prices.
