elmer fudd
Contributor
What cost $100 in 1970 would cost $555.13 in 2010.
That's really only half true. Inflation has certainly occurred, but it hasn't occurred evenly. Certain things like medical care and education have exceeded the official inflation rate, other things like houses, cars and fuel have kept pace with inflation, but many manufactured items are much cheaper than they were when I was a kid. For example, I remember back around 1978 I wanted a certain bike out of the Sears catalog in the worst way. I think it was $90. Recently, I bought my daughter a bike of similar quality for slightly over $100, but this one had suspension that actually worked and 21 gears. Back in the early 80's I saved my money and bought a cheap Goldstar VCR for about $300. Now you can get the equivalent Walmart DVD player for under $30. Scuba gear obviously hasn't declined in price like that though.
I kind of have mixed opinions on scuba gear. On the one hand I think we pay much too much for a lot of the modern gear. There's no reason in my mind that plastic fins should ever sell for more than $50. On the other hand, the idea of diving with a no name Chinese regulator would scare me.