We've all been regaled by our parents about how little things cost "back in the day." Here from mom.me.com we have some comparisons that will blow your mind!
A little background from reference.com: In 1950, the average family income was $3,300, the median home price was $7,354, the average car cost $1,510 and annual tuition at the University of Pennsylvania was $600.
By 2014, annual family income had risen to $51,017, the median home price was $118,100, the average car cost $31,252 and annual tuition at the University of Pennsylvania exceeded $40,000.
BURGER MEAL
1960: $0.28
2015: $4.49
GAS
1950: $0.30 per gallon
2015: $2.75 per gallon
MILK
1980: $1.59 per gallon
2015: $3.37 per gallon
CAR
1950: $850
2015: $30,000
CUP OF COFFEE
1960: $0.10
2015: $1.38
HOME
1960: $12,700
2015: $280,000 to $330,000
USC COLLEGE TUITION
1970: $1,800
2015: $45,602
PLANE TICKET: LOS ANGELES TO NEW YORK
1974: $290
2015: $500 to $600
LEVI'S JEANS
1950: $2.49
2015: $68
MOVIE TICKET
1970: $1.55
2015: $9 to $12
Image: freevintagedigistamps.blogspot.com
A little background from reference.com: In 1950, the average family income was $3,300, the median home price was $7,354, the average car cost $1,510 and annual tuition at the University of Pennsylvania was $600.
By 2014, annual family income had risen to $51,017, the median home price was $118,100, the average car cost $31,252 and annual tuition at the University of Pennsylvania exceeded $40,000.
BURGER MEAL
1960: $0.28
2015: $4.49
GAS
1950: $0.30 per gallon
2015: $2.75 per gallon
MILK
1980: $1.59 per gallon
2015: $3.37 per gallon
CAR
1950: $850
2015: $30,000
CUP OF COFFEE
1960: $0.10
2015: $1.38
HOME
1960: $12,700
2015: $280,000 to $330,000
USC COLLEGE TUITION
1970: $1,800
2015: $45,602
PLANE TICKET: LOS ANGELES TO NEW YORK
1974: $290
2015: $500 to $600
LEVI'S JEANS
1950: $2.49
2015: $68
MOVIE TICKET
1970: $1.55
2015: $9 to $12
Image: freevintagedigistamps.blogspot.com