Cessna Prices...1960 vs. 2010 (see attachments)
$7-9,000 vs. $112,000?
Both are for a single-engine-land 2 place airplane with a 100hp motor capable of about 3 hours of flight at 5-7 gph at a cruise of 105-115 mph. (The rest is window dressing.)
MM
Everything is relative, Mike.
Median family income in 1960 was $5,620. In terms of income distribution in the country, 36.1 percent of families had incomes below $5,000, while 18.9 percent had incomes under $3,000.