What Was The Price Of Milk In 1947?

by | Last updated on January 24, 2024

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What Things Cost in 1947: Car: $1,500 Gasoline: 23 cents/gal House: $13,000 Bread: 12 cents/loaf Milk:

80 cents/gal

Postage Stamp: 3 cents Stock Market: 181 Average Annual Salary: $3,500 Minimum Wage: 40 cents per hour.

What was the price of milk in 1946?

Item 1946 2006 Gallon of Gasoline $0.21 $3.03 Gallon of Milk

$0.67


$3.23
1 Dozen Eggs $0.59 $0.98 Loaf of White Bread $0.10 $0.97

What did milk cost in 1945?

1945:

63¢ per gallon

.

What was the price of milk in 1949?

In 1949, a loaf of bread cost 13 cents on average, while milk cost

84 cents per gallon

. The average annual salary in 1949 was between $2,950 and $3,600, and the minimum wage was 40 cents per hour. In 1949, a pound of bacon was 50 cents and a box of Kellogg’s Corn Flakes weighed 13 ounces and cost 19 cents.

What did a new car cost in 1947?

In 1947, the earliest year we’ve been able to track these statistics, the average price of a new car was

$1,864

, according to the U.S. Commerce Department’s Bureau of Economic Analysis. That same year, median family income was $3,031, according to the Bureau of the Census.

Where is milk cheapest?

It says the world’s cheapest milk is made in

Cameroon

, where it comes from beef cows and is a by-product of producing meat. Its production cost works out to just $1.82 per hundredweight. The next lowest cost country in the world, according to the map above, is Uganda.

How much did an apple cost in 1930?

Program’s popularity lead to its demise

But then, it became so successful that it imploded. By late 1930, corner peddling had moved so many apples that the price of apples as a commodity began to rise. Soon, the apple association was paying

$2.50 for boxes of apples it had once sold for $1.75

.

How much did a pizza cost in 1970?

In the early 1970’s, the fare rose to

35 cents

. So did pizza. Through the years, the increases went more or less in tandem.

What was the price of milk in 2021?

August 2021 Highlights: U.S. simple average prices are:

$3.71 per gallon for conventional whole milk

, $3.67 per gallon for conventional reduced fat 2% milk, $4.15 per half gallon organic whole milk, and $4.15 per half gallon organic reduced fat 2% milk.

How much is milk in 2021?

The 2021 all milk price forecast was lowered 55 cents from last month to

$18.30 per cwt

, nearly the same as the 2020 average of $18.24 per cwt.

How much was a house in 1949?

Here are those values again, adjusted for 2000 dollars: 1940: $30,600. 1950: $44,600. 1960:

$58,600

.

How much did a dozen eggs cost in 1949?

1949:

70 cents

Jolly Ranchers and instant pudding were both first sold in 1949, when a dozen eggs cost 70 cents.

What was the price of gas in 1949?

Year Gasoline Price (Current dollars/gallon) Gasoline Price (Constant 2011 dollars/gallon) 1949

0.27


2.09
1950 0.27 2.07 1951 0.27 1.93 1952 0.27 1.93

What was the cheapest car in 1960?

  • 15 Cheap: Mini.
  • 14 Cheap: Oldsmobile F85.
  • 13 Cheap: Ford Fairlane.
  • 12 Cheap: Chevrolet Malibu.
  • 11 Cheap: Toyota Corolla.
  • 10 Cheap: Porsche 914.
  • 9 Cheap: Dodge Coronet.
  • 8 Cheap: Buick Skylark.

How much was a brand new car in 1992?

For 1992, the average domestice new-car price has more than doubled, just topping

$17,000

. For 1992, the average base price of a domestic Big Three car is $17,007, up $787 from the average base price of $16,220 at the outset of the 1991 model year.

How much did a brand new car cost in 1970?

In 1970 the average new car cost

around 3,542 dollars

, and a gallon of gas went for 36. cents. During the 70s many Super cars were designed from a variety of motor companies.

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.