What were prices in 1960?
How Much Stuff Cost In 1960
- In 1960 a new house cost $12,700.00 and by 1969 was $15,500.00.
- In 1960 the average income per year was $5,315.00 and by 1969 was $8,540.00.
- In 1960 a gallon of gas was 25 cents and by 1969 was 35 cents.
- In 1960 the average cost of new car was $2,600.00 and by 1969 was $3,270.00.
What was a $1 worth in 1960?
$1 in 1960 is equivalent in purchasing power to about $9.18 today, an increase of $8.18 over 61 years. The dollar had an average inflation rate of 3.70% per year between 1960 and today, producing a cumulative price increase of 817.89%.
How much did homes cost in 1960?
In 1960, the median home value in the U.S. was $11,900, which is the equivalent of around $98,000 in today’s dollars, and in 2000, SLH notes, it rose to over $170,000.
How much did the average car cost in 1960?
In 1960 the average new car costs about 2,752 dollars, and a gallon was gas was around 31.
How much was a pint in 1960?
The average house price was £2,530 while a pint of beer cost 8p, a loaf of bread 5p and a packet of 20 cigarettes would set you back just less than 25p. A season ticket to see Manchester United in 1960, when Sir Matt Busby was manager and Sir Bobby Charlton a star player, cost £8.50.
What was the price of a pint of milk in 1960?
A loaf of bread cost 6p in 1960 against £1.20 today – a 1,892% rise. A pint of milk has risen 1,367% from 3p half a century ago to 44p today.
How much did a dress cost in 1960?
Buying power of $20 since 1935
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1960 | $34.00 | 0.20% |
| 1961 | $34.14 | 0.40% |
| 1962 | $34.22 | 0.24% |
| 1963 | $34.46 | 0.71% |
How much did a used car cost in 1960?
Buying power of $15000 since 1960
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1960 | $15,000.00 | -1.31% |
| 1961 | $14,997.76 | -0.01% |
| 1962 | $14,941.76 | -0.37% |
| 1963 | $14,847.67 | -0.63% |
How much did butter cost in 1960?
Retail Prices of Selected Foods in U.S. Cities, 1890? 2015
| Year | Flour (5 lbs) | Butter (lb) |
|---|---|---|
| 1960 | 55.4 | 74.9 |
| 1955 | 53.8 | 70.9 |
| 1950 | 49.1 | 72.9 |
| 1945 | 32.1 | 50.7 |
What was the price of a gallon of gas in 1960?
Supporting Information
| Year | Gasoline Price (Current dollars/gallon) | Gasoline Price (Constant 2011 dollars/gallon) |
|---|---|---|
| 1960 | 0.31 | 1.86 |
| 1961 | 0.31 | 1.87 |
| 1962 | 0.31 | 1.83 |
| 1963 | 0.31 | 1.80 |