What Was The Cost Of Living In 1947?

What was the price of gasoline in 1947?

Supporting InformationYearGasoline Price (Current dollars/gallon)Gasoline Price (Constant 2011 dollars/gallon)19470.231.9019480.262.0219490.272.0919500.272.0780 more rows•Aug 20, 2012.

What was the average salary in 1947?

$3,000Families in the United States had an average (median) income of $3,000 i n 1947, according to estimates issued today by J. C. Capt, Director, Bureau of the Census, Department of Commerce.

How much was a house in 1977?

Buying power of $100000 since 1967YearUSD ValueInflation Rate1977$186,531.736.81%1978$202,898.558.77%1979$227,586.2112.17%1980$263,318.3415.70%50 more rows

What was the price of a house in 1950?

The Changing Math Behind Homeownership in the U.S.YearMedian Home ValueHousehold Median IncomeYearMedian Home ValueHousehold Median Income1950$7,400$2,9901960$11,900$4,9701970$17,000$8,7344 more rows•Apr 10, 2018

What was the highest price of gas ever?

The highest national average price of gas was $4.11 on July 17, 2008, according to AAA.

How much was a house in 1959?

The average cost of a new house in 1959 was $12,400.00. In 2016, the average cost of a new house is $365,600.00. The average cost of a gallon of gas in 1959 was $0.25 (yes that’s right, 25 cents).

What was the minimum wage in 1947?

Chart: minimum wage in cost-of-living-adjusted dollarsYearMinimum WageAdjusted 2013 Dollars1946$0.40$4.791947$0.40$4.191948$0.40$3.881949$0.40$3.9372 more rows•Dec 10, 2013

How much did a house cost in 1947?

What Things Cost in 1947: Car: $1,500 Gasoline: 23 cents/gal House: $13,000 Bread: 12 cents/loaf Milk: 80 cents/gal Postage Stamp: 3 cents Stock Market: 181 Average Annual Salary: $3,500 Minimum Wage: 40 cents per hour.

How much was a house in the 40s?

Houses weren’t always this expensive. In 1940, the median home value in the U.S. was just $2,938. In 1980, it was $47,200, and by 2000, it had risen to $119,600. Even adjusted for inflation, the median home price in 1940 would only have been $30,600 in 2000 dollars, according to data from the U.S. Census.

How much did a TV cost in 1950?

The televisions of the 1950s ranged in price from $129 to $1,295. Televisions were grouped into four different categories: black and white console, black and white tabletop, color console and color tabletop. Ten different companies made televisions during the 1950s, and five of them released more than one model.

How much was a Coke in 1970?

In 1970 which was 47 years ago the cost of coke was only 5 cents.

How much did a house cost in 1946?

The Price of Life in the United States: 1946 vs. 2006Item19462006House$5,150$266,000Monthly Rent$35$950New Car$1,125$28,800First-Class U.S. Postage$0.03$0.3911 more rows

How much was a house in 1953?

1953. By the year 1953, the cost of a new home had risen to $9,550.

How much was gas 1975?

Supporting InformationYearRetail Gasoline Price (Current dollars/gallon)Retail Gasoline Price (Constant 2015 dollars/gallon)19730.391.6219740.532.0319750.571.9819760.591.9684 more rows•Mar 7, 2016

How much was a house in 1976?

Across Australia’s capital cities in 1976, median house prices looked like this: Sydney – $36,800. Canberra – $35,100. Melbourne – $32,900.

How much was a house in 2020?

Median existing home prices (all housing types)Median home priceMarchMay2020$280,600$284,6002019$259,400$278,200Aug 4, 2020

How much did a house cost in 1860?

A four-room house in most eastern cities ran about $4.50 per month. Outside of the city, land cost around $3 to $5 an acre.

When was the last time gas was 99 cents?

Drivers haven’t seen 99 cent gas since 2002, when travelers began to take fewer trips and stayed closer to home following the Sept. 11 terrorist attacks. Come 2003, fuel prices started to rise after the US invaded Iraq. Fuel prices peaked in 2011 when the average price hovered around $3.80 per gallon.