For instance, according to a 1917 report by the Federal Trade Commission, if you lived in Massachusetts, you were paying 15 cents a gallon in January 1915 but 23 cents a gallon by December 1915. In California, the rates remained steady, starting off the year at 12 cents a gallon and ending at 14 cents.
How much did things cost in 1917?
Although people living in 1917 felt the effects of inflation, by today’s standards, some prices look downright cheap. Check out this cost of living comparison that shows you how prices then compare to the same items now. In 1917, you would have paid about $5,000 for a home — or about $103,777 in today’s money.
When was gas .20 a gallon?
The last time that gasoline averaged 20 cents a gallon was in 1942 . That was during WWII !
How much was a gallon of gas in 1911?
| 1911 16¢ | 1914 13¢ | 1915 15¢ | 1916 23¢ | 1917 N/A |
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How much was gas 1971?
| Year Retail Gasoline Price (Current dollars/gallon) Retail Gasoline Price (Constant 2015 dollars/gallon) | 1970 0.36 1.72 | 1971 0.36 1.67 | 1972 0.36 1.59 | 1973 0.39 1.62 |
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How much was gas 1999?
| 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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How much was a gallon of gas in 1950?
| 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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What was the average salary in 1910?
The average US wage in 1910 was 22 cents per hour. The average US worker made between $200 and $400 per year . A competent accountant could expect to earn $2,000 per year, A dentist $2,500 per year, a veterinarian between $1,500 and $4,000 per year, and a mechanical engineer about $5,000 per year.
How much was a loaf of bread in 1940?
| 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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What was the average house price in 1920?
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.
How much did a house cost in 1951?
In the year 1951, the price of a home increased to around $9,000 .
How much did a house cost in 1971?
With the U.S. out of recession by 1971, home prices nearly returned to their pre-recession median.
What was the highest price of gas ever?
The highest ever price for a gallon of regular gas was $4.11 in July of 2008 , according to AAA. Around the country, Idaho has seen the biggest spike in fuel prices over the last week, with gas costs jumping 10 cents, according to AAA.
Why was gas so cheap in 1998?
Lower crude oil prices and an oversupply of gasoline — helped by a mild winter — combined to push gas prices downward , according to Trilby Lundberg, editor of the Lundberg Survey.
How much did a car cost in 1999?
How much did a car cost in 1999? The average cost of buying a new car in 1999 was 20,686 , adjusted for the price, and today’s price is expected to be 31,874.
What was the price of gas in 1998?
| Year Retail Gasoline Price (Current dollars/gallon) Retail Gasoline Price (Constant 2015 dollars/gallon) | 1997 1.23 1.74 | 1998 1.06 1.47 | 1999 1.17 1.60 | 2000 1.51 2.02 |
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