Originally Posted by
zondaracer
What did you pay back then? At my school we have wet rates for C172s starting at $100 an hour. According to the government inflation calculator, $23 in 1975 = $100 in 2014.
CPI Inflation Calculator
I paid $75 an hour for the 172 with an instructor wet ten years ago. $50 an hour solo.
With inflation that comes to $95 an hour for the plane and instruction. So your quoted rate for an airplane wet is $5 more than I paid for an airplane and an instructor.