Inflation-adjusted retail prices for Victrolas in 1915-2017
Posted: Fri Oct 27, 2017 1:20 pm
I got curious about just how expensive regular-production Victrolas would have been for the average consumer when originally sold. I used 1915-1916 as a baseline, for basic, commonly-sold models, without any upgrades, available at that time. (I used 1915 to 1916, as there appears to have been several price increases shortly thereafter). I referenced "Look For the Dog" to determine original retail prices. I then plugged these numbers into an inflation calculator, in order to determine the 2017 buying power of those 1915-16 prices.
Here is what I came up with. (The first value is the original retail value, and the second, in parentheses, is the 2017 inflation-adjusted value:
Victrola Retail Prices - Approximately 1915-1916
Table Models:
Victrola IV - $15.00 ($367)
Victrola VI - $25.00 ($611)
Victrola VIII - $40.00 ($978)
Victrola IX - $50.00 ($1,222)
Floor Models:
Victrola X - $75.00 ($1,833)
Victrola XI - $100.00 ($2,444)
Victrola XIV - $150.00 ($3,666)
Victrola XVI - $200.00 ($4,888)
Luxury Floor Models:
Victrola XVII - $250.00 ($6,109)
Victrola XVIII - $300.00 ($7,331)
So, at $367, the entry-level Victrola IV would have been a modest investment, while the Victrola XVI, at nearly $5,000 in today's dollars, would have presumably been purchased by the wealthiest of consumers. Even the common Victrola XI, at $2,444, would likely been beyond the reach of many.
I hope that I did this right!
Here is what I came up with. (The first value is the original retail value, and the second, in parentheses, is the 2017 inflation-adjusted value:
Victrola Retail Prices - Approximately 1915-1916
Table Models:
Victrola IV - $15.00 ($367)
Victrola VI - $25.00 ($611)
Victrola VIII - $40.00 ($978)
Victrola IX - $50.00 ($1,222)
Floor Models:
Victrola X - $75.00 ($1,833)
Victrola XI - $100.00 ($2,444)
Victrola XIV - $150.00 ($3,666)
Victrola XVI - $200.00 ($4,888)
Luxury Floor Models:
Victrola XVII - $250.00 ($6,109)
Victrola XVIII - $300.00 ($7,331)
So, at $367, the entry-level Victrola IV would have been a modest investment, while the Victrola XVI, at nearly $5,000 in today's dollars, would have presumably been purchased by the wealthiest of consumers. Even the common Victrola XI, at $2,444, would likely been beyond the reach of many.
I hope that I did this right!