In the 1890s the average bike cost $75, equivalent to $2,635.71 today.
https://www.in2013dollars.com/us/inflation/1890?amount=75
#IKITAO
Discussion
The wright brothers sold bikes to fund a $5000 airplane. (1906 price)
BTW a good bike is north of $1500 today
True. And that’s also an average good bike.
So the wrights built their plane for $5000 as I recall which using the same numbers is about $175,000 which is about the cost of your average home built aircraft today.
Yeah things have always been roughly the same for each generation. People go on about how “cheap” things were generations ago but salaries back then were equally low too.
That's a hell of a chunk of change for a bike
Cutting edge transportation technology has never been cheap