In that case, $65 per hour would have cost about $8 in 1960. That would be more than twice the employees hourly.

But still the overall cost to build things in my industry(construction) has gone up beyond inflation. I think I can see the effect from both skilled labor(up - all up across the board) and material costs(astounding in some cases).

But big boats overall - they tell me in the local shipyard that it is the systems that have driven the cost of a new boat way up.

But looking at some local builders that construct smaller simpler boats, the one off wooden boats are very expensive, new.

All this has manufacturers looking overseas for cheaper labor. But that's just what Alden did in 1960 when they built this boat. Alden (and other designers like S&S) always went looking for the best deal. They often found it in Maine instead of the boatyards right around their offices. Says something about the cost of labor in a boat, even back then.