$0.21 in 1960 is equal to about $1.81 in August 2018, according to the US Bureau of Labor Statistics Consumer Price Index inflation calculator.
The hamburgers sold for 15 cents , or about half as much as at a sit-down restaurant.
The Big Mac hit the fast-food scene in 1967, and it cost less than a dollar.
That time when the All-American: burger, fries & shake, cost 47 cents .
Pie was only 35 cents a slice , an ice-cream sundae was 40 cents, and coffee or a soft drink cost 10 cents. By the way, if you wanted to grab a quick bite at a lunch counter, you could get a hot dog and a coke for 49 cents.
At the first McDonald’s location, every item cost less than 25 cents and hamburgers were only 15 cents . However, burgers could also be purchased by the dozen.
| Year USD Value Inflation Rate | 1960 $300.00 0.58% | 1961 $291.04 -2.99% | 1962 $276.95 -4.84% | 1963 $270.63 -2.28% |
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| Food Price | Hamburger Happy Meal $2.99 | 4 piece Chicken McNuggets Happy Meal $2.99 | French Fries $1.59 | M&M McFlurry $2.99 |
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Originally selling for 37 cents , the Whopper was born out of the desire to offer customers a bigger burger than competitors.
How much was a Big Mac in 1984? 1980s: $1.60 , or $2.59 for a Big Mac Value Pack A Big Mac, fries, and a Coke would set you back just $2.59 in the ’80s, as this throwback ad so hilariously demonstrates.
$1 in 1960 is equivalent in purchasing power to about $9.24 today , an increase of $8.24 over 61 years. The dollar had an average inflation rate of 3.71% per year between 1960 and today, producing a cumulative price increase of 824.21%.
Here are those values again, adjusted for 2000 dollars: 1940: $30,600. 1950: $44,600. 1960: $58,600 .
In 1960 the average new car costs about 2,752 dollars , and a gallon was gas was around 31. cent.
The Big Mac began selling nationally in 1968, for 49 cents .
In 1975, your burger cost an average of $0.25 .
They later shut it down and reopened it in 1948, with a pared-down menu of just nine items, including hamburgers ( 15 cents ) cheeseburgers (19 cents) and drinks, such as coffee, Coca-Cola, and Orangeade, for 10 cents.
Sophia is a food and entertaining writer who shares recipes, cooking techniques, and tips for hosting memorable gatherings.