DANCE-FLATION: Is it Better or Worse Than Inflation?
I was looking through some of my old catalogs, and I was struck by how some of the dance shoes have hardly changed in over 50 years, but the prices certainly have! Here’s a fun look at dance shoes and prices starting in the ‘50’s and a look at what that cost would be with inflation. Then, let’s decide, is “dance-flation” better than inflation?
These are Capezio Tap Shoes from the 1958 Taffy’s Catalog.
Notice that the Tyette is $5.95, The Footlight is $9.95, and the Boy’s Oxford is $8.95.
Fast forward 20 years to 1978. There are a lot more choices, but let’s compare apples to apples:
The Tyette is now called the Tap –Tie and sells for $11.50 – $12.50
The Footlight is $39.00 – this shoe is getting really expensive – so the Musical Comedy shoe is introduced at $19.00 (The Footlight remains available as a “professional” shoe.)
The Men’s tap oxford is $23.00
Let’s go ahead another 10 years and see what happens:
Tap On is now $19.25, Footlight is no longer listed, but the Musical Comedy shoe is now $30.00, and the Men’s Oxford is $33.00.
And, what about today? After 50 or so years, the shoes are not EXACTLY the same in quality, materials, etc, but they sure look similar. Here are the same, or similar shoes from the most recent DDS online catalog:
But here’s the real question: have the shoes kept up with inflation? Let’s go back to the 1958 shoes and prices and see what the Inflation Calculator says. According to the U.S. Bureau of Labor Statistics here is their calculation as to how much something cost in 1958 and how much it would cost today:
Tyette in 1958 was $5.95 Today with inflation that would = $49.13 but they are only $20.50.
The Footlight was $9.95 Today with inflation that would = $82.16 but they are only $54.50.
Boy’s Oxford was $8.95 Today with inflation that would = $73.90 but they are only $61.75.
DANCE SHOES HAVE BEATEN INFLATION!
So, the next time you go to buy your shoes, remember that “dance-flation” is better than inflation by a long shot.
Read more of Susan’s articles on Dance Pathways!