August, 1951 is very dear to me. On the 4th, I entered the world. This is no major event to anyone outside my family, but that is OK. Sometimes when I am bored (rarely) or when I am looking for ideas for things to write about during the March challenge (often), I like to do searches for things of little interest to most people.
This is such a post. What were things like back in 1951? What were some of the issues facing my parents back then? How was their lifestyle affected by the cost of things. Well, here are some things I found out (these are all averages):
In 1951 a new house cost $9,000.00 In 2021 the cost of a new house is $100.00 – $200.00 per square foot.
In 1951 the price of gas was $0.19 per gallon. In 2021 the price of gas is $2.74.
In 1951 the cost of a new car was $1,500.00. In 2021 the cost of a new car is $36,000.00.
In 1951 a loaf of bread cost $0.16. In 2021 a loaf of bread costs $1.00 (store brand white bread).
In 1951 a pound of ground meat costs $0.50. In 2021 a pound of ground meat costs $3.28.
In 1951 eggs cost $0.24 per dozen. In 2021 eggs cost $1.09 per dozen.
In 1951 a pound of bacon costs $0.52. In 2021 a pound of bacon costs $5.49 a pound.
In 1951 baby diapers (cotton) cost $2.79. In 2021 baby diapers (cotton) cost $15.00.
In 1951 the average wage was $3,510.00. In 2018 the average wage is $87.864.00.
So, what were prices like the year you were born?