A permanent bicycle in the eighties was 275 yuan, which is equivalent to how much is it now?

Updated on society 2024-03-13
10 answers
  1. Anonymous users2024-02-06

    Bikes from the eighties, that's an absolute luxury.

    To put it mildly, in the 80s, if a family bought a permanent bicycle, it was definitely no less than owning a Mercedes-Benz or BMW today.

    You know, today's Mercedes-Benz, BMW is something you can buy with money.

    However, this was not the case with the bikes of the eighties.

    At that time, there was a good chance that you would not be able to buy a permanent bike if you had the money. Because at that time, if you wanted to own such a bicycle, you needed to buy it with a ticket.

    The state has to give you a ticket to buy a bicycle before you are eligible to buy a bicycle. Just like the lottery in big cities such as Beijing and Shenzhen today. Only if you get the number can you be eligible to hit the road.

    You can't get on the road without Howe, and you can't buy a bicycle without a ticket.

    So, how much does it cost to buy such a tall and hard-to-buy permanent brand bike?

    At that time, the permanent and phoenix brands were both big names in bicycles and belonged to the top luxury accessories.

    At that time, people wanted to own such a bicycle, at least 200 yuan. You know, that's 200 yuan in the 80s. At that time, 200 yuan was not something that anyone could come out with.

    In the 80s, workers' wages were more than 40 yuan by the standards of the big city of Shanghai. With such an income, you want to own a permanent bike. In other words, the family at that time, in addition to eating and drinking, also had to save a year's salary to buy one.

    You must know that this income is still the income of workers in Shanghai, the largest city at that time.

    If you talk about a small city, you need to save up at least a few years of money, just like ordinary people buy a car now, it takes a few years of savings.

    So it seems that the 200 yuan at that time is definitely as low as the current 50,000 or 60,000. Nowadays, fifty or sixty thousand can also buy a car, but it may not be a very good car.

    However, at that time, the 200 yuan bicycle was enviable to everyone.

    So in the 80s, the only people who could afford a permanent bicycle were workers.

    At that time, farmers could hardly afford to buy bicycles, because farmers were farming and had almost no income. Therefore, for the peasants at that time, the bicycle was like a flying object from the sky. It is a luxury that cannot be seen.

    Of course, the reason why bicycles were so expensive in those days was mainly due to the limited level of economic development at that time and the relative lack of materials.

    It is precisely because of the short supply that the bicycle is extraordinarily valuable.

    Later, after the deepening of reform and opening up, China has a variety of bicycles, of course, it is not so expensive, it can be said that each family will have several bicycles, which is brought about by economic development.

  2. Anonymous users2024-02-05

    275 yuan in the 80s is equivalent to 10,000 yuan now, so permanent bicycles were very expensive back then.

  3. Anonymous users2024-02-04

    In the 80s of the last century, 275 yuan was a considerable amount of money for the working class, equivalent to two or three months' wages of ordinary workers at that time. At present, it should be equivalent to seven or eight thousand, and there should be some.

  4. Anonymous users2024-02-03

    It is equivalent to hundreds of thousands of yuan today, and the purchasing power of money was very large at that time, unlike now, it has appreciated.

  5. Anonymous users2024-02-02

    When it comes to bicycles, everyone must know that there were 28 type bicycles before, that is, the Phoenix brand, what 26 type bicycles, brands, and permanent brands. There are still a lot of bikes anyway, so if you go back in time to the 80s, how much does a permanently branded bike cost? How much is the current renminbi if converted to it?

    Let's take a look at this question and reveal the secret together!

    Let us know about the ** of a permanent bike at the time. In the 80s of the last century, the ** of a permanent bicycle was roughly about 150 yuan. In the early days, it was purchased by ticket, and it was difficult to find a ticket.

    If you add this "ticket**" that has no status and relationship, the ticket that you can't get will be higher. Well, count 150.

    If we look at the growth rate of the currency, in 1990 China's M2 was yuan. In 2017, China's M2 was one trillion yuan. So.

    150x110=16549。

    That is, at that time, a permanent bicycle was equivalent to 16,549 yuan now.

    If compared from the perspective of GDP, China's GDP in 1990 was trillions; China's GDP in 2017 was one trillion yuan. So.

    150x43=6564 yuan.

    That is, at that time, a permanent bicycle was equivalent to 6,564 yuan now.

    The data for 1990 are used here. If it is 1980 data, it is even more terrifying.

    In terms of social status, owning a permanent bicycle in the 80s is equivalent to a business owner who now drives a mid-range car.

    From the point of view of pretending, owning a permanent bicycle in the 80s is equivalent to driving a BMW 3 Series to pick up girls now.

    In terms of income, owning a permanent bicycle in the 80s is equivalent to a month's salary for a white-collar worker now.

    In terms of savings, many workers who have worked for three years may save less than 10,000 yuan in two years. It is also equivalent to 1-30,000 yuan.

    In terms of purchasing power, pork at that time was more than one pound of yuan, about yuan. 50 yuan is equivalent to 100 catties of pork. Now the pork ** is about 20 yuan.

    At that time, the ** of a permanent bicycle was equivalent to 3,000 yuan now. In the past, a popsicle cost five cents, and 150 yuan was equivalent to 3,000 popsicle tickets. Think of an ice cream for 3 bucks.

    At that time, the ** of a permanent bicycle was equivalent to 9,000 yuan now.

    All right. All history belongs to the past, and all the future is full of expectations. It doesn't matter how much money you have. The important thing is that you make good money now.

  6. Anonymous users2024-02-01

    In the 80s, how much was a permanent bicycle equivalent to now?

  7. Anonymous users2024-01-31

    Bicycles in the 80s are not available with money, and they need to be purchased with tickets, and the ** of permanent bicycles is between 150 and 180 yuan, if we convert the value of the bicycle according to today's **, then the ** of a permanent brand bicycle is about 30,000 yuan.

    1. Estimate according to working hours**

    The wages of workers in the eighties are about 36 yuan, we assume that the ** of a bicycle is 180 yuan, then basically we need to save money for half a year to be able to buy a bicycle, to convert it at the current time, we earn 5,000 yuan a month, then six months is 30,000 yuan, which is calculated according to the general income, the countryside in the eighties is to earn work, a day is to earn a few cents.

    2. The intangible value of permanent bicycles

    In our view today, a permanent bicycle may just be an ordinary bicycle, measured by value, that is, about 30,000 yuan, but in the eighties, you have money may not be able to buy a bicycle, generally through the ticket to buy, although 30,000 yuan ** in the present is to buy a van, but at that time the intangible value is far more than that, if you commute to work you ride a permanent brand bicycle, it is tantamount to driving the current BMW car to commute, very face-saving.

    3. Brand quality value

    Perpetual bicycles belonged to the first-tier brands in the eighties, and the quality of the bikes was very good, far from being comparable to other second-tier brands. Among the same types of bicycles, the life span of permanent bicycles is much better than that of other bicycles, so its value is relatively high.

    If a permanent brand bicycle in the 80s is put to today, it will be converted to about 30,000 yuan according to the proportion of the first at that time, and its real value will be within 1,000 yuan, but if you meet people who love this car, its value will increase greatly.

  8. Anonymous users2024-01-30

    In the 80s of the twentieth century, China was once known as the "Kingdom of Bicycles", one of the main means of transportation for people to travel, and became an indispensable scenery on the street.

    On December 1, 1986, China's first bicycle production group, "Permanent" Bicycle Group, was established. Since then, the "Perpetual" brand bicycle has become an indelible memory of that generation.

    At the same time, it has also become one of the standards for measuring the standard of living in the hearts of ordinary people in the eighties of the last century.

    I was born in the countryside in the 80s, because there are more rugged mountain roads in the village, and it is not convenient to ride a bicycle, when I was a child, I remember that there were not many people in the village who could buy bicycles, and then a little older young people went to Guangdong to work, and went back to buy bicycles, and watched them practice on the slightly flat barn field in their hometown, the barn field was not big, and they circled and circled, and they would fall into the field if they were not careful, which made a group of our onlookers laugh.

    As for the ** of the bicycle at that time, I don't remember clearly. After talking with some older people around me, I learned that the ** of a permanent brand bicycle in the 80s ranged from 180 yuan to 300 yuan.

    In 2018, the average annual wage of employees in enterprises above designated size was 68,380 yuan, which was nearly 100 times higher than the wage level.

    At that time, the price of rice was about yuanjin, and now the price of rice generally ranges from 3 yuan to 10 yuan, ** 20-70 times, so it is estimated that a bicycle is now worth 3600-21000 yuan.

    At that time, the price of meat was about yuanjin, and now the price of meat is about 30 yuan, 60 times, so it is estimated that a bicycle is now worth 10,800 yuan - 18,000 yuan.

    In 1986, street breakfast :(two taels of food stamps) fried dough sticks and 1 bowl of tofu brain, spending RMB to Yuan. 2019 Guangzhou Street Breakfast:

    2 fried dough sticks and 1 wan tofu brain (2 yuan for 1 fritters, 5-10 yuan for tofu brain), spend a total of 9-14 yuan. **30-40 times, based on this calculation, a bicycle is now worth 5,400 yuan - 12,000 yuan.

    Therefore, according to the price level at that time and the price level now, a bicycle at that time could probably be equivalent to about 20,000 yuan now.

  9. Anonymous users2024-01-29

    In the eighties of the last century, it was the first period of bicycle sales in China, and in that era, a bicycle was equivalent to the current private car. The well-known bicycle brands, such as Permanent, Phoenix, Flying Pigeon, etc., gradually entered every household in the city and gradually became the best tool for people to travel at that time.

    In those days, a bicycle was not cheap, according to statistics, at that time, a big brand of bicycle reached an astonishing 150 yuan, and the average person could not buy, but also had to rely on the relationship to buy, you can imagine the preciousness of the bicycle.

    In the early 80s, the average annual salary of Chinese families was less than 800 yuan, and the average monthly salary was only about 70 yuan, and even in the late 80s, the average annual salary of Chinese families was 2,000 yuan, that is, only about 160 yuan a month.

    As you can see from here, in the early eighties, it took at least two months' salary to buy a bicycle, and even in the late eighties, it took a month's salary to buy a decent bicycle.

    For the sake of visual comparison, we might as well take a look at the prices at that time:

    In the early eighties, the tuition fee for primary school was almost a few cents a year, the hospital fee was only three cents, the movie ticket was about two cents, the water fee was one cent a ton, the rice was two cents a catty, and the pork was close to one yuan a catty.

    Therefore, in this comparison, the current price is at least 30 times higher than the price in the early eighties, so the 150 yuan at that time is equivalent to the current 4500 yuan, and today you can buy a high-end mobile phone and a mid-range laptop.

    As you can imagine, the cost of buying a bicycle at that time was quite high.

  10. Anonymous users2024-01-28

    The price of a bicycle in the 80s is equivalent to about 40,000 yuan in modern times. In the 80s of the last century, when a man and a woman wanted to get married, the man needed to prepare three major items, which were: a bicycle, a sewing machine, a watch, and a radio called "three turns and one ring".

    And the bicycle in the three major pieces or three turns and one sound can still be regarded as a scarce commodity in that era of scarcity of objects. <>

    In those days, having a bicycle was a great thing to brag about. In the 80s, the Phoenix brand bicycle can be regarded as a more famous domestic brand in China. At that time, the country was still in the period of reform, and bicycles were still in the category of luxury.

    It can be said that in that era, owning a bicycle could be regarded as a local tyrant, quite a long face. <>

    Buying a bicycle is not only about money, but also about having a ticket. At that time, the country was still a planned economic system, and food stamps were needed to buy food, and buying a bicycle not only required money, but also a substitute ticket to buy a bicycle. At that time, the monthly salary of ordinary workers was about 36 yuan, and only those who still worked in state-owned enterprises had so much.

    It costs about 150 yuan to buy a bicycle, but there is also a substitute ticket, and the two add up to about 200 yuan to buy a bicycle. <>

    You need to go without food or drink to buy a bike in five or six months. In the eighties, the average salary was forty yuan, and the bicycle ** was about 200 yuan. If you want to buy a bicycle, you have to go without eating or drinking for five or six months, but how can people go without eating or drinking for five or six months, so how can an ordinary worker want to buy a bicycle for at least seven months.

    In the current era, the monthly salary is about 4,500 yuan, and the five-month salary is about 22,500 yuan, that is, 200 yuan is equivalent to 22,500 yuan now.

    At this rate of inflation, the bikes of the 80s will only get more expensive. In that era, the price of a bicycle of 200 yuan, with the development of society, will only get higher and higher, and it may slowly approach the ** of a small car.

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