Publication
Article
Author(s):
Forbes
Note:
According to the Cost ofLiving Extremely Well Index, the pricetag on luxury rose 4.2% last year. Theaverage price of a fur coat at Bloomingdale'sremained stable at $160,000,while a pair of James Purdey & SonsEnglish shotguns rose 14% to $167,000.One case of Dom Perignon champagnewill set you back $1439, a 3% increaseover last year. The cost of a Steinway concertgrand piano was up 4% to $96,100,and the price of one dozen English-mademen's dress shirts also increased 4% to$3120. The six-passenger Learjet, at $8.2million, cost only 3% more than last year,and the price of a year's tuition, room,and board at Harvard was up 5% to$39,880. The price tag for 25 Dominicancigars actually fell by 10% to $663. The overall consumer price index rose by3% over a 12-month period.