Comments on: A PENNY’S WORTH (Mar, 1948)

By: jayessell

jayessell — Fri, 27 Nov 2009 16:40:15 +0000

Good call George, but add $0.99 in 2009 money for one iTunes download.

By: George

George — Fri, 27 Nov 2009 14:19:37 +0000

Today a penny will buy 4 million bytes of flash memory (8Gb on sale for $20 at Wal-Mart). That’s about 1000 typed pages or 4 minutes of MP3 music. While 4 minutes isn’t all that much, in 1948 a $1.00 78-RPM record ran maybe 6 minutes total, so a penny bought you only 4 seconds of tunes.

By: Rick Auricchio

Rick Auricchio — Wed, 25 Nov 2009 18:34:16 +0000

Charlene, my electricity costs between 25c and 30c per kwh, depending on the season and my total use. Ouch!

By: carlm

carlm — Tue, 24 Nov 2009 07:52:52 +0000

Consider that. on average, things cost about 10.1 times what they cost in 1948. Gas cost about 25 cents a gallon. A house was about $17,000. Just change that penny to a dime.

By: Toronto

Toronto — Mon, 23 Nov 2009 22:41:24 +0000

The Toronto Star’s front section alone runs 32 pages or more, and 12 sections isn’t unusual any more. Naturally, that’s 60% ads and 30% whining about the Leafs/Raptors/Jays, depending on the time of year. (They seem to have dropped whining about the Argos and the Rock.)

By: Firebrand38

Firebrand38 — Mon, 23 Nov 2009 21:15:20 +0000

Toronto: Daily edition. I didn’t factor in the Sunday edition just to keep things simple.

By: Charlene

Charlene — Mon, 23 Nov 2009 21:10:08 +0000

My electricity rate is 6.25 cents per kwh, so about 12 times the rate Toronto’s calculated for that time period. That would mean I’d get half an hour of radio entertainment for a penny if the radio used the same amount of electricity, which is likely since I have a 1934 radio.

By: Toronto

Toronto — Mon, 23 Nov 2009 21:03:24 +0000

Is the New York Times really only 25 pages?

That gas is about $0.15 per gallon – tops (figuring 20 mpg.) I bet my 500cc Cooper I’m picking up from that other article would be even more thrifty.

Electricity at 1/3 to 1/2 cent per kwh. Ouch.

By: Charlene

Charlene — Mon, 23 Nov 2009 20:44:59 +0000

My cable internet is $44.99 a month Canadian, which works out roughly to one cent for every ten minutes of access (which in my opinion is a much better value than ten minutes of TV entertainment).

By: Firebrand38

Firebrand38 — Mon, 23 Nov 2009 17:49:01 +0000

I just figured out that a 25 page daily edition of the New York Times going for two bucks means a penny buys 1/8th of a page(or it costs 8 cents a page).

One satellite companies $42.99 a month Top 200 package is 42.99 a month. That means a penny buys you 10 minutes of TV entertainment by over priced over rated performers (sorry couldn’t resist) but it’s apples and oranges. The article was referring to the cost of electricity to run the radio and I didn’t include that in my cipherin’.

Anyone else?