Comparison of 1996 game and console prices to today.

[SvennoJ]

Blouge said:

I can compute some other values:

Based on the True Money Supply (i.e. the increase in the quantity of dollars), I get an answer of about $632:

http://mises.org/markets.asp#More%20on%20TMS

Based on the price of gold, I get $655.

Based  on the price of crude oil, I get $642.

In all of these cases, the value is much higher than the $293 you gave.

Of course, there is no objective means to compare someone's valuation of a dollar today with someone's valuation of it in 1996. But I surely wouldn't use the BLS - data as they intentionally strive to give false inflation figures for political goals. The three latter values, $632 - $655, seem most trustworthy IMHO.

That makes more sense. I remember buying cheap supermarket bread for the equivalent of CAD 0.56 (1990). Nowadays the cheap bread is CAD 1.88
Not far off from this site http://www.thepeoplehistory.com/70yearsofpricechange.html

Luxury goods have become a lot cheaper compared to daily necessities. Back then having a 2nd tv was a rarity. Nowadays people have 2-3 cars, tv in every room, multiple consoles, pc, laptops, tablets, smart phones.