In My Mind's Zen Garden
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How Much Did It Cost in the 1960s?

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So How Much Did It Cost?

A while back, I wrote a post about what things cost back in 1950.

I mainly wanted to compare prices back then to current prices today.

I grew up in the 1960s listening to The Beatles, eating TV dinners in front of the “black and white” television set, watching I Love Lucy, and enjoying life without internet access and cell phone technology.

Price Comparison

Product 1965 2009
Median Household Income $6,100 $48,855
Minumum Wage $1.25 $7.25
1st Class Postage Stamp $0.05 $0.44
1 Gallon of Regular Gasoline $0.31 $2.47
1 Gallon of Milk $0.95 $2.99
Movie Tickets $1.00 $11.00
Avg Price of a House $21,500 $258,000
A Dozen Eggs $0.53 $1.79

Sources:   1970s FlashbackU.S. House PricesAverage U.S. Movie Tickets

About the author:
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Randomguru is a musician and blogger living in San Diego.

  1. Joel Nye

    In 1965 it took 17,200 hours of minimum wage work to buy a house.

    In 2009 it took 35,586 hours of minimum wage work to buy a house.

    That is one reason why two people have to work in most households in order to buy a house.(not to mention the effect of interest)

    And we wonder why so much breakdowns of the family unit?

    The FED must be ended in order to bring equilibrium to the problems we face.

    1. Randomguru

      Can’t argue there. It takes two (and sometimes more) incomes to hold down a mortgage.


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