What were bike prices like in the '50's?

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How much would a Columbia bike have cost in 1957? I guessed about $30 but my neighbor says more than that. Just curious. I realize that some models might have been more expensive than others.
 
Here’s one
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Schwinns were always more a lot expensive. Usually $29.95 would get a new Murray or Huffy. I remember looking at prices in the mid 60's hoping to find a cheap Schwinn, no luck. The Sears catalog was researched thoroughly. A used bike was what I wound up with.
 
About $500 in todays money.
I just looked up the inflation calculator, it says that $40 in 1957 would be about $430 today. Wow. It's a wonder how any parents could afford to buy a bike for their kids back then. We have a bike shop here in town that has some bikes for $5,000. Crazy.
 

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