Oh dear, what a rip off

VOMLE SPRINGFORD
Last updated 12:57 11/01/2013

Imagine shelling out $5000 for a TV or $1000 for a radio.

New Zealanders in 1965 did, paying £138 - that's $5120 in today's terms for a black and white TV and $1110 (£30) for a transistor radio.

In 2013, thanks to mass production and fierce competition, you can stream radio through your computer or smartphone and buy huge high definition TVs for as little as $580.

Technology has come a long way since 1965, with tablets, smartphones and laptops making things like typewriters and video players redundant.

The graphic below shows the average costs of radios, TVs and entertainment devices in today's dollars over the past 60 years.

Scroll over the items to see the original prices at the time.

- Stuff

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