$500 is a reasonable amount of money in the 21st century. With it, things like a nice pair of shoes, a few weeks worth of groceries, and maybe even a round-trip plane ticket or two can be purchased. But back in the ’80s, $500 was a ton of money. It could go a long, long way, and be used to buy some pretty awesome things. Let’s take a look:
16 Michael Jackson Concert Tickets
Nowadays, the average concert ticket price is roughly $95, and sometimes that will only get you the cheap seats. Back in the 80s though, tickets were much more reasonable. For example, tickets to see Michael Jackson during his Victory tour in 1984 ran about $30 each, according to Newsweek. It made headlines when scalpers were re-selling tickets for $150 – $200, which would be a steal for a major star in 2020.
2 Atari consoles
No matter how advanced video game consoles get, Atari will always be king. And it was a privilege to have one back in the ’80s. Back then, Ataris ran about $199. In 2020, that would equal almost $800 with inflation.
3 Sony Walkmans
Walkmans were arguably one of the coolest accessories that any ’80s kid had. Back then, the portable cassette player ran about $150, which was some serious cash. Years later, Sony CD players became a thing and could be purchased for roughly $200.
16 Cabbage Patch Dolls
Kids in the ’80s lost their minds over Cabbage Patch Dolls. They were so popular that stores couldn’t keep them on shelves. In 1983, The toy even made the cover of Newsweek magazine. For $30, not only could the Cabbage Patch Dolls be yours, but with it also came official adoption papers and a promise that your doll was completely unique and one-of-a-kind.