The original prices are listed ($750 for the Sears Silvertone entertainment center and $800 for the more expensive one), and those prices are also shown converted to today's 2016 dollars using the BLS Inflation Calculator: $5,800 for the basic 21-inch color TV model and $6,200 for the more expensive model.

To put that in perspective, the pictures below illustrate what about $5,800 in today's dollars would buy in the today's 2016 marketplace using current prices from the Sears and Best Buy websites:

For an American consumer or household spending $750 in 1964, they would have only been able to purchase the 21-inch color TV/entertainment center from the Sears Christmas catalog pictured above (includes phonograph and AM/FM radio).

An American consumer or household spending that same amount of inflation-adjusted dollars today ($5,800) would be able to furnish their entire kitchen with five brand-new appliances (refrigerator, gas stove and oven, washer, dryer, and freezer) and buy seven state-of-the-art electronic items for their home (a Toshiba Satellite 15.6″ laptop computer, a Garmin 5 Inch GPS, a Canon EOS Rebel T5i DSLR Camera, a Sony 1,000 Watt, 5.1-Channel 3D Smart Blu-Ray Home Theater System, a Samsung 55 inch Smart HDTV, an Apple iPod Touch 64GB MP3 Player (6th generation), and an Apple iPhone 7 Plus.