1959 dollars vs today= $10Gs to install a gazebo?!
I have been using a simple 10 to 1 approximation to calculate values in pre-1973 dollars vs the 1990s currency value, (probably 12 or 15 to 1 for today) and it roughly works OK: a 25 cent beer then is 2 dollars 50 cents now, a 10 cent coffee is a buck today, and so on. (some costs have gone way down such as electronics, phone calls, and air travel; in a ´50s I Love Lucy, they fly to Europe on $700 tickets, i.e. about $10,000 nowadays!)
But when Donna Reed asks Glenn Ford how much he thinks the second-hand, worn-out and in-need-of-paint-and-restoration gazebo cost her, I was guessing somewhere between 200 and 500 dollars (2000-7000 bucks today). But when she says 1200 and considers that CHEAP, I nearly fainted!! Not only that, the contractors labor just to lay it down on a custom-made concrete-bed is a whopping $700 1960 bucks!! That´s about 10 GRAND in today´s currency!! (I thought $200 would have been high already)
All told, that´s way over $20,000 current green-backs for a plain, open, previously-owned wooden contraption, not even as large as a bathroom in a regular home. Is this logical?
I mean even back then, with those same $1900, you could buy a NEW car, or even pay most of a swimming pool, or the down payment on a decent house. Correct?
Does anyone else find this detail strange? Even if their house is big and on expensive land, it should not have such a bearing on these values. Especially the labor.
Also, does anyone know what the current values would be for the 1960s British pound, the French franc, and the Italian lira? They are referred to a lot in movies and TV series of that period and it would be great to know what they really are instead of just guessing at it.