Author: smuffy

What can 10 yuan buy in China in the 1960s? [Copy link] 中文

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Post time 2015-5-27 16:05:19 |Display all floors
7) Primary School Fees
In the late 1960s, primary school fees cost a total of 6 Yuan. Now, you can buy a cheap pencil case for the same price.


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Post time 2015-5-27 16:05:41 |Display all floors
8) Movie Tickets
In the late 1960s, you could take 200 students to see a movie for 10 Yuan. Now, you can't even get one ticket. Maybe you can just listen at the theatre door? You can't afford anything else…


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Post time 2015-5-27 16:06:02 |Display all floors
9) New Shoes
These nice new shoes cost 7.68 Yuan in the late 1960s. Now, you can buy this nice pair of shoe laces for the same price.

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Post time 2015-5-27 16:06:27 |Display all floors
10) Popsicle Time
You could buy 250 Popsicles for 10 Yuan in the late 1960s. Now you can buy five.


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Post time 2015-5-27 16:06:44 |Display all floors
11) White Rabbit Candy
10 Yuan got you two kg of White Rabbit candy back in the day. Now you can buy about eight candies.

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Post time 2015-5-27 16:07:04 |Display all floors
Purchasing Power
Average salary in the late 1960s was about 36 Yuan, and a student priced movie ticket was about 5 Fen. Now, the lowest priced student movie ticket is about 30 Yuan, 600 times the price of a ticket in the late 1960s. Using this price analogy, one would need to make 21,600 Yuan per month to have the same purchasing power as one who made 36 Yuan in the late 1960s.
Let's say you wanted to be fancy: the most expensive adult priced movie ticket in the late 1960s cost about 2 Mao. Now, mid-priced movie tickets are about 60 Yuan each, 300 times more than in the late 1960s. Using this analogy, one would have to make at least 10,800 Yuan per month to have the same purchasing power as a person who made 36 Yuan.
Source: Wenxue City

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Post time 2015-5-27 16:15:31 |Display all floors
astonished!

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