Jul 30, 2016
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
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