How Prices Changed Over the Past Decade

January 6, 2010

By Angie Moreschi:

penniesRemember the good ‘ole days.  It wasn’t so long ago that we paid just $1.30 for a gallon of gas and 99 cents for a Slurpee.  In 1999, just a short decade ago, you could get a movie ticket for five dollars or a six pack of Bud for four dollars.  The economic implosion we suffered in the past few years has been enough to drive many to drink, but don’t worry. Let’s celebrate the new decade. Maybe the 2010′s will be different.  Here’s a possible sign.  You can get a bottle of Martini and Rossi Asti Spumante for just eight dollars, more than four dollars LESS than it cost in 1999.  Now that’s reason to cheer.  Woo-hoo! Live it up!  Click here to read more about how prices have changed in the past 10 years.

Here are a few more special items to note. Things like an iMac, a home mortgage and Hummel figurines are relative bargains compared to their 1999 prices. Others, however, such as a Superman comic book, a gallon of gas or a trip to the observation deck of the Empire State Building have skyrocketed.

Our thanks to Tom Barlow at Walletpop.com for his report on prices, then and now.  Click here to see a chart of how prices have changed and read his report.