Culture The Breakfast Club

Published on December 6th, 2012 | by Randomguru

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How Much Did It Cost in the 1980s?

HOW MUCH DID IT COST IN THE 1980s?

Below, you can view the stats, but first let’s backtrack to the culture and events of 1985.

1985 was a good year, not just to document the differences in the cost of living back then compared to 2012, but to look back at the amazing music, culture and events that happened.

For instance, I didn’t know that there was an 8.1 magnitude earthquake in Mexico City that killed 9,000 people.

And for some reason, there were a lot of jetliners hijacked in 1985. Also, the first Mobile Phone Call was made in the United Kingdom by Ernie Wise.

Popular Music and MTV was vastly popular throughout the 80s, but in 1985 Michael Jackson and Lionel Ritchie’s song, “We Are The World” (featuring major American Pop/Rock/R&B artists), was at the top of the charts. And other artists from Duran Duran, Madonna, Simple Minds, The Cure and Bruce Springsteen were big back then.

On the movie front, prominent movies include Back To The Future, The Color Purple, and The Breakfast Club.

All in all, 1980s was a happening and eventful decade.

You also might want to check out: The 1950sThe 1960sThe 1970sThe 1990s

Comparing 1985 and 2012

Median Household Income

1985 – $23,618.00
2012 – $50,054.00

Minimum Wage

1985 – $3.35
2012 – $7.25

1st Class Postage Stamp

1985 – $0.20
2012 - $0.45

A Gallon of Regular Gasoline

1985 – $1.20
2012 – $3.50

A Gallon of Milk

1985 – $2.26
2012 – $3.50

A Ticket to the Movies

1985 - $3.55
2012 - $8.00

Average Price of a Home

1985 – $100,800.00
2012 – $299,000.00 (CA)

A Dozen Eggs

1985 - $0.80
2012 - $2.00

Sources:   U.S. Median Household IncomeU.S. House PricesAverage U.S. Movie Ticket Prices1980s Flashback

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