How Much Were Groceries In 1960?

by | Last updated on January 24, 2024

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Cars: In 1960, the average cost of a new car was approximately $2,600, while today it’s above $30,000. Groceries: The price of chicken was around

$. 29 per pound

in the 1960s and costs approximately $1.54 per pound today.

How much did a loaf of bread cost in 1960?

YEAR Cost of 1 lb. of Bread Federal Minimum Wage 1930 $0.09 None 1940 $0.10 $0.30 1950 $0.12 $0.75 1960

$0.23


$1.00

How much did items cost in the 1960’s?

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.

How much did flour cost in the 1960s?

Year Flour (5 lbs) Butter (lb) 1960

55.4

74.9
1955 53.8 70.9 1950 49.1 72.9 1945 32.1 50.7

What was the cost of milk in 1960?

1960:

$1 per gallon

.

How much did a hamburger cost in 1960?

In 1960, your burger cost an average of just

$0.21

.

How much did a TV cost in 1960?

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%

What would a dollar buy in 1960?

$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%.

How much did a 3 bedroom house cost in 1960?

In 1960, the median home value in the U.S. was

$11,900

, which is the equivalent of around $98,000 in today’s dollars, and in 2000, SLH notes, it rose to over $170,000.

How much did a new car cost in 1960?

In 1960 the average new car costs

about 2,752 dollars

, and a gallon was gas was around 31. cent.

How much did a radio cost in 1960?

The more modest radios were

around $70– about $1,050 today

. By the 1960s TV had already become the biggest home service. However, the portable transistor radio was all the rage and cost a premium for such a small piece of equipment. A Sony 8-channel transistor radio with batteries cost $49.95.

How much did a pair of jeans cost in 1960?

The jeans were only

$5

in the 1960s, but today they run about $60 in stores.

How much did a candy bar cost in 1960?

Candy bars were

about 5-10 cents

in the 1960s. The price rose at the end of the decade. Now, the same candy bars are around $1-2.

How much was a McDonald’s meal in 1960?

In 1960 where I lived, it was also possible to get a large(r) soft drink for 15 cents in addition to the smaller one for 10 cents. Other than that, these prices are just as I remember them. The “All-American” meal was a

burger, fries, and a shake for 45 cents (plus tax)

.

How much did a Big Mac cost in 1960?

The Big Mac hit the fast-food scene in 1967, and it cost less than a dollar.

How much was a McDonald’s hamburger in 1950?

At the first McDonald’s location, every item cost less than 25 cents and hamburgers were only

15 cents

.

Emily Lee
Author
Emily Lee
Emily Lee is a freelance writer and artist based in New York City. She’s an accomplished writer with a deep passion for the arts, and brings a unique perspective to the world of entertainment. Emily has written about art, entertainment, and pop culture.