History

How Much Did the First Ford Model T Cost – Prices

Ballpark Estimate: $850.

The first production Ford Model T was built in 1908 in Detroit, Michigan. The Model T had a 2.9 liter four-cylinder engine that produced 20 horsepower (HP) and had a top speed of 45 mph. It cost $850.

That’s about $17,000 in 2007 inflation-adjusted dollars, which is about the same price of a new fully loaded 4-cylinder 2.0 liter Ford Focus. However, the Focus produces 150 HP, or about 7.5 times more power than the Model T.

History

Gas Prices in 1960 – History

Ballpark Estimate: 31 cents/gallon A gallon of (leaded) gas in the United States in 1960 cost only 31 cents! That sounds like an incredible bargain until you factor in inflation. 31 cents in 1960 is equivalent to $2.07 in the year 2007. The national average cost of a gallon of unleaded regular gasoline in 2007 was…

History

How Much Did the Atomic Bomb (Manhattan Project) Cost

Ballpark Estimate: $2 Billion (1945 dollars); $25 Billion (2008 dollars) At the Alamogordo Bombing Range, now the White Sands Missile Range near Socorro, New Mexico, it was 5:00 a.m. The weather that morning of July 16, 1945 was clear and most importantly; wind conditions were low, ideal for localizing the fallout of radioactive material from the expected…

History

How Much Did Boston’s Big Dig Cost to Build

Ballpark Estimate: $15 billion With a population of some 2.8 million people, Boston Massachusetts has long been the center of New England’s educational institutions, the Performing Arts, and professional sports. However, along with that distinction Boston was also known for its world-class traffic congestion. The Central Artery Tunnel Project, more commonly known as the “Big Dig”,…

History

How Much Did the Empire State Building Cost to Build

Ballpark Estimate: $41 million in 1931 ($558 million in 2007 dollars) Ordinarily, one would not expect to find enormous construction projects taking place during the years of the Great Depression when many banks had closed, scores of companies had gone bankrupt, and millions of people were out of work. Yet, there were indeed such ventures…

History

Cost of Disney World Tickets From 1971 – Price History

Ballpark Estimate: $10.25/Adult, $9.25/Child Walt Disney World’s Magic Kingdom opened on October 1, 1971. The admission price for a single day pass was $3.50 for an adult (age 18+) ticket and $1.00 for a child. This was just to get in the gates — no rides were included. The ticket price structure for the actual rides…

History

How Much Did the Golden Gate Bridge Cost to Build

Ballpark Estimate: $37 Million Dollars + Interest The Golden Gate Bridge in San Francisco was built over a four and a half year period between 1933 and 1937. It is the second largest suspension bridge in the United States. The bridge cost $37 million, but was funded by municipal bonds that cost an additional $39 million…

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