Are you still poor if you own a television? → 2011 Nov 19 1 min read Published by Lee Reamsnyder Permalink Did you hear this nugget of wisdom from the Heritage Foundation that found out that – gasp! – people below the poverty line often own televisions! How dare they?! Well, The Awl did some digging in to that, looking at the adjusted cost (in today’s dollars) of your average television. It’s worth reading in full, but here’s the prestige: So we have the prices of a lot of television sets since their inception, and we’ve converted them to current price levels. They are as follows: 1939: $9,773 1948: $9,524 1953: $8,480 1968: $2,270 1977: $1,840 1986: $1,115 1996: $490 2011: $319 Wow.