What Did it Cost in 1960?


Even in the short but sweet 28 years that I have spent on this fabulous Earth, there has been a continuous and sometimes rapid increase in the prices of our basic every day supplies. After a conversation this morning with my sweet little Granny in which she informed me that gas was only 27 cent a gallon when she started driving… I decided to do some research and make a comparison list. Now, please bear in mind that every state is a bit different (some with a much lower cost of living) and this information is based on a National average, however, these statistics are still mind-blowing for a majority of my generation.

AVERAGE WAGES
1960: $5,315 Annually
2018″ $44,980

AVERAGE COST OF A NEW HOME
1960: $12,700
2018: $220,000

AVERAGE COST OF A NEW CAR
1960: $2,600
2018: $35,285

AVERAGE GAS PRICES
1960: $0.25 Per Gallon
2018: $2.88 Per Gallon

AVERAGE PRICE OF A LOAF OF BREAD
1960: $0.22
2018: $2.19

AVERAGE PRICE OF 1 LB HAMBURGER MEAT
1960: $0.45
2018: $4.77

Can you dig it? …Pretty interesting stuff for the millennial group of “echo boomers” like myself. For more information on this topic visit www.thepeoplehistory.com.

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