WebAug 5, 2024 · Prices below are in dollars or cents. NOTE: n.a. = not available. ¹ price listed is per gallon. ² price listed is per pound. Source: U.S. Bureau of the Census, Historical Statistics of the United States, Colonial Times to 1970, Bicentennial Edition, Part 2., Bureau of Labor Statistics, 2011; 2015. U.S. Economy and the Federal Budget Sources + WebJul 7, 2024 · A gallon of regular gasoline would have cost 36 cents in 1972, the equivalent of $2.53 a gallon today. The Organization of Petroleum Exporting Countries (OPEC) put an embargo on foreign oil imports between 1973 and 1974, which tripled the price of gasoline, to $1.19, by 1980. ... Vanilla ice cream: $1.29 a gallon ($9.06) Milk: 89 cents a ...
Milk price inflation, 1997→2024 - in2013dollars.com
WebOct 12, 2024 · In 1970, a pound of bacon cost 95 cents, a dozen eggs cost 60 cents, bread was priced at 24 cents, 10 pounds of potatoes was 90 cents, coffee was 91 cents and a gallon of orange juice cost 86 cents. And while breakfast in 1970 may have cost you $4.46, lunch for one cost only a buck. Web7 rows · Cost of a new home: Cost of a new car: $ Median Household Income: Cost of a first-class stamp: ... christmas card fast shipping
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WebOct 8, 2024 · The Cost of Living in 1972. It should shock no one that the cost of living has increased since 1972, no matter where you are in America. Whereas you could buy a loaf of bread for $0.25, milk for … WebOct 5, 2024 · 1970: $23,400 The median home price fell in 1970. How much did a loaf of bread cost in 1976? In 1976, a gallon of milk cost $1.68, eggs were 97 cents a dozen, and Eight O’Clock Coffee was $1.69 for a one-pound bag. WebJun 26, 2024 · 1970. With a recession in the mid-1970s (due in part to rising grain and oil prices), inflation surged, and many foods became more expensive. Home cooks of the ’70s were enamored of cheese logs, … germany accepted covid tests