| Year Gasoline Price (Current dollars/gallon) Gasoline Price (Constant 2011 dollars/gallon) | 1939 0.19 2.47 | 1940 0.18 2.40 | 1941 0.19 2.35 | 1942 0.20 2.31 |
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| Year Gasoline Price (Current dollars/gallon) Gasoline Price (Constant 2011 dollars/gallon) | 1939 0.19 2.47 | 1940 0.18 2.40 | 1941 0.19 2.35 | 1942 0.20 2.31 |
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Exactly how far would an average income of $1,368 get you in 1939. From a $750 car to $. 09 for a loaf of bread.
The average cost of a new car was $750 while a new house averaged $4,000. A gallon of milk cost about 23 cents while a gallon of gas was down to 10 cents. Bread averaged nine cents per loaf.
| Year Gasoline Price (Current dollars/gallon) Gasoline Price (Constant 2011 dollars/gallon) | 1938 0.20 2.55 | 1939 0.19 2.47 | 1940 0.18 2.40 | 1941 0.19 2.35 |
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In 1939, before the war, the price of milk in (the United Kingdom was 33⁄8d. a pint. If everything has since gone up in general by three times, the price should now be at least 10d . a pint, compared with the present actual price of 81⁄2d.
Cost of a gallon of gas 10 cents. Average cost for house rent $26.00 per month. A loaf of bread 9 cents .
| YEAR Cost of 1 lb. of Bread Federal Minimum Wage | 1940 $0.10 $0.30 | 1950 $0.12 $0.75 | 1960 $0.23 $1.00 | 1970 $0.25 $1.60 |
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a loaf of bread: 7 cents . a dozen eggs: 34 cents . a quart of milk: 9 cents . a pound of steak: 26 cents .
| Year Retail Gasoline Price (Current dollars/gallon) Retail Gasoline Price (Constant 2015 dollars/gallon) | 1998 1.06 1.47 | 1999 1.17 1.60 | 2000 1.51 2.02 | 2001 1.46 1.91 |
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Tuesday’s national average gas price of $3.13 remains below the $3.70 reached in 2014, and Americans can expect prices to level off and decline in September, McGee said. The highest ever price for a gallon of regular gas was $4.11 in July of 2008 , according to AAA.
| Year Gasoline Price (Current dollars/gallon) Gasoline Price (Constant 2011 dollars/gallon) | 1950 0.27 2.07 | 1951 0.27 1.93 | 1952 0.27 1.93 | 1953 0.27 1.92 |
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If you dreamed of making the white picket fence a reality, a new house would’ve cost approximately $6,296 –about $77,339 today. In 1920, to rent an apartment in New York City cost $60 per month. With inflation, that’s $773.00 in 2020 – which is still less than you’d pay to rent a single room nowadays.
| Year Price of Beer Adjusted for Inflation | 2008 $3.53 $4.03 | 2009 $3.64 $4.00 | 2010 $3.68 $4.06 | 2011 $3.73 $4.05 |
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The 1940s: $3.55 per Keg .
David is a home and garden expert who writes about home improvement, gardening, interior design, and property maintenance.