Price of Art Materials

Artist's who take the long view know that the price of art materials has actually fallen relation the consumer price index.
An example would be the series 1 Liquitex $2.45 in 1970, and now $5.00 to $8.50. That's barely doubling or tripling in 37 years. A pair of canvas pliers were $14.50 in 1972, and better ones are now available for sale at most discount art stores for $15.50.

Just remember some other examples of price hikes.
A car in 1970 cost $1,500 to $3,000, today cars cost $12,000 to $40,000- not including luxury cars.
A house that cost $11,000 in 1970 now sells for $970,000 in the Bay area).
A pack of Marlboro was $0.33 (yes 33 cents) and now is about $5.00.
A gallon of gas was $0.33 in 1968, and now ........pity cars do not run on acrylic paint!