How Much Did A Gallon Of Gas Cost In 1959?

by | Last updated on January 24, 2024

, , , ,
Year Retail Gasoline Price (Current dollars/gallon) Retail Gasoline Price (Constant 2015 dollars/gallon) 1958 0.31 1.94 1959

0.30


1.88
1960 0.31 1.86 1961 0.31 1.87

What did it cost in 1959?

The

average cost of a movie ticket in 1959 was $1.00

. In 2016, the average cost of a movie ticket is $8.66. The average cost of a loaf of bread in 1959 was $0.20 (20 cents). In 2016, the average cost for a loaf of bread is $2.32.

How much did a gallon of gas cost in the 1950s?

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

How much did a TV cost in 1959?

Year USD Value Inflation Rate 1959

$237.26

1.38%
1960 $238.65 0.58% 1961 $231.53 -2.99% 1962 $220.31 -4.84%

Is gasoline cheaper than it was in 1959?

But over the same period, overall inflation climbed faster so the inflation-adjusted price actually fell from $2.89 in 1950 to

$2.66 in 1959

. From 1960 through 1965 nominal gas prices bounced between 30 and 31 cents a gallon while the inflation-adjusted price fell from $2.70 to $2.54.

How much did a dozen eggs cost in 1950?

The price of eggs fell to 60 cents, or about $6.40 in today’s dollars, in 1950.

How much did a car cost in 1950?

Commerce figures show the average new-car price in 1950 was

$2,210

and the median family income was $3,319. Car prices shot up in the ’50s, but not as quickly as family income in the Eisenhower Era.

What was the price of a house in 1959?

1959. Are you ready for this? The average cost of a new house actually dropped to

$12,400

, with a 1.01% inflation rate occurring in the U.S. at this time.

How much did a dress cost in 1959?

Year USD Value Inflation Rate 1959

$33.93


2.41

%
1960 $34.00 0.20% 1961 $34.14 0.40% 1962 $34.22 0.24%

What is the oldest TV brand?


The RCA brand

is one of the oldest and well known brands in the consumer electronics industry.

What was the average price of gas in 2020?

January 2020: Average Price ($ per gallon) of Regular Gasoline CD06 (Matsui-D)

$3.35
CD07 (Bera-D) $3.32 CD10 (Harder-D) $3.24 SD03 (Dodd-D) $3.46

What’s the most expensive gas has been?

The highest ever gas price

average $4.11 on July 17, 2008

, according to AAA. This year, the rise in gas prices doesn’t just come from demand, the issue lies with a shortage of truck drivers.

What was the price of gas in 2006?

Year Retail Gasoline Price (Current dollars/gallon) Retail Gasoline Price (Constant 2015 dollars/gallon) 2006

2.59


3.00
2007 2.80 3.16 2008 3.27 3.61 2009 2.35 2.58

How much did an apple cost in 1950?

Year USD Value Inflation Rate 1950

$20.00

-5.31%
1951 $18.33 -8.35% 1952 $24.81 35.37% 1953 $28.03 12.94%

How much did a cup of coffee cost in 1950?

Coffee was one of the more expensive items. You could get a pound of Bright & Early Coffee for

79 cents

, the equivalent of $7.49 today.

How much did a loaf of bread cost in 1950?

YEAR Cost of 1 lb. of Bread 1950

$0.12
1960 $0.23 1970 $0.25 1980 $0.50
Ahmed Ali
Author
Ahmed Ali
Ahmed Ali is a financial analyst with over 15 years of experience in the finance industry. He has worked for major banks and investment firms, and has a wealth of knowledge on investing, real estate, and tax planning. Ahmed is also an advocate for financial literacy and education.