How Much Did Things Cost In 1958?

How much did a TV cost in 1958?

In 1958, American holiday shoppers paid $269.95 for Sears’s “best 24-inch console TV” (see photo above), or 136.34 hours of work at the average hourly wage then..

How much was gas back in 1958?

Supporting InformationYearRetail Gasoline Price (Current dollars/gallon)Retail Gasoline Price (Constant 2015 dollars/gallon)19570.312.0519580.301.9619590.311.9419600.311.9584 more rows•Mar 7, 2016

How much did a loaf of bread cost in 1950?

The Price of BreadYEARCost of 1 lb. of BreadFederal Minimum Wage1950$0.12$0.751960$0.23$1.001970$0.25$1.601980$0.50$3.105 more rows

Was there TV in the 40s?

The 1940s were the true beginning of the TV era. Although sets had been available as early as the late 1930s, the widespread distribution and sale of TV sets did not really take off until after the war. Broadcasting stations neglected many of their radio stations and poured money into TV after the war.

How much did things cost in 1950?

Living the good life didn’t cost a lot in 1950, at least at first glance. The average home was worth $7,354, a new Volkswagen Beetle could be yours for $1,280, and tuition at the University of Pennsylvania was $600. All that sounds like a bargain until you realize the average family took home just $4,237 per year.

How much was $25 cents worth in 1950?

In other words, $25 in 1950 is equivalent in purchasing power to about $270 in 2020, a difference of $245.00 over 70 years. The 1950 inflation rate was 1.26%….Value of $25 from 1950 to 2020.Cumulative price change980.00%Price difference ($25 base)$245.00CPI in 195024.100CPI in 2020260.280Inflation in 19501.26%3 more rows

How much did a hamburger cost in 1940?

18. Hamburger meat: There’s nothing like a tender, juicy hamburger. 1940 consumers paid 20 cents per pound of ground beef, versus 2020’s price of approximately $4.17 per pound. Adjusted for inflation, shoppers of yore only paid today’s $3.70.

How much did a TV cost in 1940?

RCA had launched its TRK-12 in April, 1939 at $600 (about $7,000 in today’s money), and quickly reduced the selling price to $395 (about $4,500) early in 1940.

How much was gas back in 1965?

Supporting InformationYearRetail Gasoline Price (Current dollars/gallon)Retail Gasoline Price (Constant 2015 dollars/gallon)19650.301.7319660.311.7319670.321.7319680.331.7183 more rows•Aug 31, 2015

How much was a bottle of Coke in 1950?

The end of the fixed price of Coca-Cola As early as 1950, Time reported Coca-Cola prices went up to six cents.

How much did a new car cost in 1960?

In 1960 the average new car costs about 2,752 dollars, and a gallon was gas was around 31. cent. In 1960 Chevrolet introduced the XP700 Corvette experimental car.

How much did a pizza cost in 1960?

In 1960, the fare was 15 cents. That was what a slice of pizza cost, too. By the early 70’s, the fare had risen to 35 cents.

How much did a beer cost in 1960?

The Price Of A Beer: 1952-2016YearPrice of BeerAdjusted for Inflation1959$0.70$5.741960$0.71$5.771961$0.71$5.681962$0.71$5.6261 more rows•Mar 9, 2017

How much did a TV cost in 1960?

Prices for Televisions, 1960-2020 ($300) In other words, televisions costing $300 in the year 1960 would cost $3.24 in 2020 for an equivalent purchase.

What was the average price of gas in 1960?

Supporting InformationYearGasoline Price (Current dollars/gallon)Gasoline Price (Constant 2011 dollars/gallon)19570.301.9119580.311.9419590.301.8819600.311.8680 more rows•Aug 20, 2012

What was the price of a gallon of gas in 2020?

The average value for USA during that period was 0.67 U.S. Dollar with a minimum of 0.66 U.S. Dollar on 19-Oct-2020 and a maximum of 0.68 U.S. Dollar on 31-Aug-2020. For comparison, the average price of gasoline in the world for this period is 1.25 U.S. Dollar….USA Gasoline prices, 19-Oct-2020.USA Gasoline pricesLiterGallonEUR0.5642.1351 more row

How much was $1 worth in 1950?

Value of $1 from 1950 to 2020Cumulative price change980.00%Average inflation rate3.46%Converted amount ($1 base)$10.80Price difference ($1 base)$9.80CPI in 195024.1003 more rows

What was going on in the 1940?

The United States enters World War II after the attack on Pearl Harbor on December 7, 1941. It would face the Empire of Japan in the Pacific War. Germany and Japan suffer defeats at Stalingrad, El Alamein, and Midway in 1942 and 1943.