Yes, and from what I've been reading and hearing: Modern electronic components and the manufacturing methods in general are also much more consistent in this day and age.
Back in the day, costs of a guitar would go into higher quality parts, and possibly even labor to ensure consistency and function exactly how it should. Nowadays, components are more consistent and cheaper than the better components of the 80s and 90s.
Thus the pure functional spread between cost ranges has been reduced.
Back in the day, costs of a guitar would go into higher quality parts, and possibly even labor to ensure consistency and function exactly how it should. Nowadays, components are more consistent and cheaper than the better components of the 80s and 90s.
Thus the pure functional spread between cost ranges has been reduced.