cost of training in 1977 (in USA), enjoy!
THE COST OF LEARNING TO FLY
Flight instruction costs (like the wages paid to pilots) vary throughout the country. Instruction is generally much less expensive in the South and Southeast than it is in the North or West, although you can count on paying pretty nearly $25 an hour (that includes the plane, gas, oil, and an instructor) no matter where you go. Here—roughly—is what the various licenses and ratings will cost you: Private (complete) $1,000 Commercial & Instrument (complete) $4,500 CFI & CFII $1,500 Multi-Engine $ 800 Seaplane $ 300 Bear in mind, when looking over these prices, that about 75% of what you spend on flight training goes for plane rental, fuel, insurance, etc. If you were to buy your own aircraft and take instruction in it, you couldconceivably- cut your training expenses in half. |
if only it was the same now:ugh::ugh:
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I wonder what the price of crude oil was in that period. I think it was about 80 dollars. Wasn't it?:confused:
Upps. Just checked it. It was about 11 dollars. WP |
$$$ £££
Yes its actually got cheaper!
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The only comfort I can draw from that having spent close to £50k is that I was 6 in 1977!!!!!
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Worldpilot....
I think 80 dollars was the price of ALL the oil at that time.....;) Cheers |
From the "BP Statistical Review of World Energy", the spot price of crude in 1977 was $13.92 in the dollar of the day - or $46.48 in todays money.
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If the prices were that low, imagine how c**p your employment chances would be!
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In the eighties when I was looking into go to the States for training. The costs were in and around $20,000. But $20k might as well have been $100k because there was no way in hell I was going to raise that amount. Ironically these days, it is relatively easier to raise the $100k or so needed for an integrated course.
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To put things in perspective, can anybody tell us what the price of a pint of beer was in 1977?
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