Is expensive food considered a luxury good?
When my wife or I has a birthday, we visit a top-notch steakhouse in town. Even though they discount the total bill by half (because one of us has a B-day), the bill still comes out to something like $130 for the two of us.
A few times a year we head to the Chicago suburbs (Schaumburg) for a weekend. Take in a comedy show at the Improv, do some shopping, and share a crab-legs dinner at Shaw’s. Dinner there ends up costing well over $100.
A big part of what we enjoy about these high-end dining experiences is the service. Instead of being served by a shy, pimply-faced teenager with an untucked shirt and a bad attitude, you get a well-mannered, well-dressed adult who is courteous, focused, and well-spoken.
Last month we attended an Andre Rieu concert in Milwaukee. The tickets were about $175 apiece, but I wanted to get good seats: lower level, close to center, about 13 rows from the stage. We could have gotten crappy tickets for under $100, but heck, we’re going there for a sight/sound experience, so I wanted to be able to hear the orchestra properly as well as sit close enough to see them. No regrets.
A couple of years ago we sold my old house, and celebrated by buying a badly needed new vacuum cleaner. Each of us already had one from before we got married, but they both sucked (or not, as the case may be for vacuum cleaners). So we went over the top and bought a Miele cannister vac for about $950. Very quiet, very strong suction, HEPA filtration, and so on. It would have been difficult to spend more on a vacuum cleaner, so I guess you could safely call this a luxury item.
I’m an engineer - a Ph.D., even - so I have no fashion sense. I hate shopping for clothes, and don’t give a shit about designer labels; my off-duty garb typically consists of jeans and a T-shirt. My wife is trying to slowly improve my wardrobe, and so now I have a few Calvin Klein T-shirts in my collection, but of course they were all bought on sale. She buys nice stuff for herself, but not very often and generally not unless it’s on sale. I guess you could say we’re not big on luxury clothing items.
We’ll be shopping for a flatscreen HDTV soon. My current SDTV works just fine, but we’re ready for hi-def. Could get by with a “modestly” sized one, but I’m expecting to get something with at least a 60" diagonal. (speaking of which, my B-day present last year was a 30" computer monitor.)