Home Precious Metals

Poll: price of shoes and inflation?

A search turns up this bit:
the average price per pair of shoes was $1.46 in 1860, $1.32 in 1880, $1.22 in 1890, $1.19 in 1900

All of this was during a time when circulating money was silver and gold based. Factories and more cattle operations may have contributed to lower shoe prices, during the 40 year period, 1860 to 1900.

The poll is for my curiosity. What do folks here pay for their shoes? The old figures are likely for working class people, in days when most people had maybe two pairs of shoes (no sneakers yet). To make my math easy, say $25 is the equivalent price for $1 in old silver coin. So maybe today's equivalent of $40 in 1860, and $30 in 1900. Using a straight silver multiplier would make those numbers lower. Using gold conversion, higher.





Comments

  • derrybderryb Posts: 36,824 ✭✭✭✭✭
    flip flops here.

    I did splurge on some baseball leather/stitching Borne's while visiting Coronado a few years back. Have about wore them out.

    image

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • MsMorrisineMsMorrisine Posts: 33,088 ✭✭✭✭✭
    Depends

    Everyday beat tennis shoes, I go for cheap name brand


    I'd wear more expensive and dressier shoes if I felt safe and found some high end ones that'd size for my feet


    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • bronco2078bronco2078 Posts: 10,225 ✭✭✭✭✭



    my 1907 Sears catalog says $1.89 a pair around double that in the 1927 catalog but a lot more choicesimage
  • chumleychumley Posts: 2,305 ✭✭✭✭
    I wear Frye boots at $200 a pair or I go barefoot (my 1st pair bought in 1972 were $35)
  • nibannynibanny Posts: 2,761
    I usually pay $0 because I have a clothing allowance but when I need to buy shoes I tend to stay under $100.
    I have always been in the fashion business, I never paid much for clothing and shoes.
    The member formerly known as Ciccio / Posts: 1453 / Joined: Apr 2009
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,294 ✭✭✭✭✭
    "Hand me downs" cost nothing.

    "Foot me ups" , on the other hand are around a hundy
  • DrBusterDrBuster Posts: 5,379 ✭✭✭✭✭
    I said around $40 although it's probably less as I shop the deals. Now, I did just customize these and you have to pay for that, but the closeout deals I get bring the average way down despite spending custom money once in a while.

    image
  • CoulportCoulport Posts: 1,087 ✭✭✭
    I voted around $40 but only buy at that price rarely.

    I tend to get cheap old fart Velcro strap or slip-on from Big 5 or Wally World.
    The most money I made are on coins I haven't sold.

    Got quoins?
  • bestmrbestmr Posts: 1,778 ✭✭✭
    My last several pair have averaged around $40. However, hiking boots I tend to spend around $100.
    Positive dealing with oilstates2003, rkfish, Scrapman1077, Weather11am, Guitarwes, Twosides2acoin, Hendrixkat, Sevensteps, CarlWohlforth, DLBack, zug, wildjag, tetradrachm, tydye, NotSure, AgBlox, Seemyauction, Stopmotion, Zubie, Fivecents, Musky1011, Bstat1020, Gsa1fan several times, and Mkman123 LOTS of times
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    Tony Llama boots when I was working....tactical shoes now that I spend a lot of time training on the shooting range...Cheers, RickO
  • BaleyBaley Posts: 22,660 ✭✭✭✭✭
    flip flops are 10-25, sneaks are 30-60, light hikers are 50-100, good boots or dress shoes are 75-150 (rarely more), ski boots, rollerblades, motorcycle boots etc 200+

    Liberty: Parent of Science & Industry

  • JustacommemanJustacommeman Posts: 22,847 ✭✭✭✭✭
    Well I'm a woman shoe designer so I think each pair should be tied to an ounce of gold.

    We do talk about this all the time. People just will not pay more for their everyday kicks. This go back 25 years. Most companies over that time kept the same price points. Some actually lowered them. The cost to make shoes has gone up. Wall St. demands higher margins. End results=====poorly made shoes.

    Mark
    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
  • topstuftopstuf Posts: 14,803 ✭✭✭✭✭
    Tevas sandals are kinda up there around 70 bucks but thanks for the thread to let me know I can soon buy a pair with an ounce of gold. image
  • JohnnyCacheJohnnyCache Posts: 1,761 ✭✭✭✭✭
    I have been known to fall in love with a pair of shoes now and then.

    I think to myself..., I just got to get my hands on those shoes

    image
  • roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭
    I replied with $80 only because the poll asked about "shoes" and not "sneakers," two very different things imo. I pay less than $30 for sneakers. I only buy a pair of good shoes every 5-10 years....don't wear them much.
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • RedTigerRedTiger Posts: 5,608
    Yes, shoes not sneakers, there were no sneakers in 1860 or 1900 even. No flip flops either. Barefoot was a common state for poor folks. That's where the cliche comes from "Daddy needs a new pair of shoes." Another bit of trivia is that in 1860 there was a single generic shoe last. There was no left, no right. Eventually, each shoes would wear to fit each foot.

    Interesting that Teva sandals cost about as much as some other person's dress shoes. The $70 to $80 range is about the equivalent of the old time prices if using a straight gold conversion. A $20 gold piece would have bought about 14 pairs of shoes in 1860, about 18 in 1900, so right in that range for an ounce of gold today for $70 to $80 shoes. Another anomaly is the clump of data at $100, not $80 or $125. I think that speaks more to marketing, that around $100 is a popular price tag for shoes considered on the nice side, and the shoe sellers know this.

    Thanks for participating.
  • secondrepublicsecondrepublic Posts: 2,619 ✭✭✭
    Chose $80 price point since I usually wear Ecco shoes. Most of the ones I've bought have been really comfortable and well made. They tend to run around $120 to $150 but I've snagged them on sale for less.
    "Men who had never shown any ability to make or increase fortunes for themselves abounded in brilliant plans for creating and increasing wealth for the country at large." Fiat Money Inflation in France, Andrew Dickson White (1912)
  • CaptHenwayCaptHenway Posts: 32,150 ✭✭✭✭✭
    As Mark Twain said, "There are lies, danmed lies, and statistics!"

    My vote skewed the average because my polio affected my left foot enough that I have to wear special shoes. They now cost me about 30% more than they did 10 years ago, so for me inflation is very real.
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
Sign In or Register to comment.