Poll: price of shoes and inflation?
RedTiger
Posts: 5,608 ✭
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.
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.
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I did splurge on some baseball leather/stitching Borne's while visiting Coronado a few years back. Have about wore them out.
"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
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
my 1907 Sears catalog says $1.89 a pair around double that in the 1927 catalog but a lot more choices
I have always been in the fashion business, I never paid much for clothing and shoes.
"Foot me ups" , on the other hand are around a hundy
I tend to get cheap old fart Velcro strap or slip-on from Big 5 or Wally World.
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Liberty: Parent of Science & Industry
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
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......
I think to myself..., I just got to get my hands on those shoes
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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.
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.