B-ROLL
Senior HTF Member
- Joined
- May 26, 2016
- Messages
- 5,022
- Real Name
- Bryan
To see The Towering Inferno in 1974 My Mom Paid $14.50 each (MANN Theaters wouldn't allow a Student Discount without a MANN STUDENT DISCOUNT CARD - Cost $5.00 good for one quarter {four months}: discount: $2.50 - by my memory. So I was charged as an "Adult" ie over 12 years old.)The average movie ticket price is about $9.50.
My point is that if you take away concession profit margins, the 'fair market' price would be $20-40 to achieve the same profits.
Nobody would want to pay that.
According to this site $1 in 1974 = $5.05 in 2021 so each ticket would have been about $73.
Value of 1974 US Dollars today - Inflation Calculator
How much are 1974 dollars (USD) worth today? This tool calculates the time value of money based on inflation and CPI historical data from the United States.
www.inflationtool.com