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Money and Inflation 1970's

To provide an estimate of inflation we have given a guide to the value of $100 US Dollars for the first year in the decade to the equivalent in todays money
If you have $100 Converted from 1970 to 2005 it would be equivalent to $517.65 today

In 1970 a new house cost $23,400.00 and by 1979 was $58,500.00 Examples of homes and Property for sale in the 1970's

In 1970 the average income per year was $9,350.00 and by 1979 was $17,550.00

In 1970 a gallon of gas was 36 cents and by 1979 was 86 cents

In 1970 the average cost of new car was $3,900.00 and by 1979 was $5,770.00 Examples of Models andCar Prices in the 70's



A few more prices from the 70's and how much things cost
Datsun 210 $3,869

Dodge Colt $4,785

Warm Leather Lined Boots $39.99 From Prices for clothes and fashions in the 70's

Car 8 Track Stereo Tape Player $38.99

CB Radio $147

Medium Eggs 25 cents per dozen From Food Prices In The 70s

Miracle Whip $1.09

King Size Bean Bag Chair $19.99

Porcelain Kitchen Sink $9.88

Quartz Alarm Clock $12.97

Also Check Out Our 70's Computers      Electrical Prices and Furniture Prices Sections
Example of a home from our

Country Ranch with 10 acres 3 bedroom large barn fruit and oak trees Vallejo California $59,200 1974



  • The oil crisis in 1973 was caused when Arab members of the Organization of Petroleum Exporting Countries (OPEC), during the Yom Kippur War, announced that they would no longer ship petroleum to nations that had supported Israel in its conflict with Syria and Egypt , to the United States and its allies in Western Europe. It was also announced that the price for Oil would increase drastically. The west was by now dependent on oil and together with prices quadrupling and measures for rationing the western world went into recession and suffered massive inflationary pressure. At that time the United States did have their own oil reserves and although they were affected the biggest impact was on European Economies .


  • After nearly 10 years of war in Vietnam 1973 was also the year that allied forces pulled out of Vietnam


  • Another significant factor in the 70's was the growth in womens rights and womens role in society including the ability to decide when where and if they wished to have children ( partly through the availably of the contraceptive pill )


  • President Richard Nixon was forced to resign on 8th August as president of the United States due to imminent impeachment related to the Watergate scandal.


  • With the continuing Cold War between the East and West the arms race continued with each side trying to find the ultimate weapon



  • More About Munich Olympics


    Popular Culture 1970's

    The Waterbed The 70's produced many icons , one of those being the modern waterbed created by Charles Hall in 1968, This was fueled by the sexual revolution of the 70's encompassing the Waterbed .

    Music 70's

    • Progressive rock created a new generation of bands including Genesis, Yes, Emerson, Lake & Palmer and Pink Floyd. Many other singers and bands also started or strengthened their fan base including The Rolling Stones, Led Zeppelin, Aerosmith, AC/DC, Queen, Black Sabbath .


    • In Europe, the music was not as progressive from bands like T Rex, Gary Glitter and David Bowie, and bands like Slade and the Sweet. and possibly the most successful in the 70's being ABBA


    Some of the Most Well Known Movie Stars of the Seventies
    Paul Newman
    Robert Redford
    Clint Eastwood
    John Wayne
    Burt Reynolds
    Al Pacino
    Woody Allen
    Barbra Streisand


    1970's Music page



    TV Shows 1970s

    • The Streets of San Francisco 1972 - 1977.
    • The Waltons 1972 - 1981.
    • Chips 1977 - 1983.
    • Ironside 1967 - 1975.
    • Lassie 1954 - 1973.
    • Starsky and Hutch 1975 - 1979.
    • Dukes Of Hazzard 1979 - 1985.
    • The Benny Hill Show 1969 - 1989.
    • Monty Python’s Flying Circus 1969 - 1974.
    • The Muppet Show 1976 - 1981.
    • Bonanza 1959 - 1973.
    • The Brady Bunch 1969 - 1974.
    • Dallas 1978 - 1991.
    • Charlie's Angels 1976 - 1981.
    • Little House on the Prairie 1974 - 1983.
    • Doctor Who 1963 - 1989.
    • Gunsmoke 1955 - 1975.
    • Columbo 1968 - 2003.
    • Kojak 1973 - 1978.
    • All In The Family 1971 - 1979.
    • Laverne & Shirley 1976 - 1983.
    • The Odd Couple 1970 - 1974.
    • Bewitched 1964 - 1972.
    • Happy Days 1974 - 1984.
    • Sanford and Son 1972 - 1977.
    • Steptoe and Son 2nd Series 1970 - 1974.
    • Taxi 1978 - 1983.
    • Benson 1979 - 1986.
    Check out our Television Programmes From The 1970s whenever possible we have included a trailer to jog your memory. Series trailers and more information are found on the decade they started.


    Toys 1970s

    Toys From The 1970s



    Technology 1970's

    • The 70's were the start in many ways of the Electronics and digital revolution, with the invention of transistors and Integrated Circuits in the late 60's, companies now found ways to use the technology which caused the phenomenal growth in smaller more powerful and cheaper products ranging from Calculators to Televisions.


    • The 70's also saw the beginning of the Home Computer due to Intel creating the first cheap microprocessor - the Intel 4004, and other integrated circuits. In the beginning the computers were mainly for the hobbyists and included the Apple II, the TRS-80, the Commodore PET, and Atari 400/800 and with the growth of these home computers Bulletin Boards became a popular way for people to find others with similar interests


    • The first use of card access Electronic Locks appear


    • As people realized the power of these new home computers a new use was found and that was the beginning of the video game . When we look at those games now we see how basic they were but the technology available and the understanding of what could be done limited those early games.


    • With the invention earlier of the microwave oven and now the capability to manufacturer and sell cheaply many homes adopted the technology in their kitchens


    • Due in part to the increased use of the 747 a Jumbo Jet able to carry large numbers of passengers across continents air travel booms and causes new problems with pollution, delays and air traffic control




    Inventions The Year Invented Inventors and Country ( or attributed to First Use )

    Barcode ----- 1973 USA
    E-Mail ----- 1971 USA
    Floppy Disk ----- 1971 USA by Alan Shugart
    Genetic Engineering ----- 1973 USA by S Cohen and H Boyer
    Ink Jet Printer ----- 1976 USA
    In Vitro Fertilisation ----- 1978 England "test tube baby"
    Laser Printer ----- 1975 USA
    LCDs ----- 1970 England by George Gray - Liquid Crystal Display
    Microprocessor ----- 1971 USA
    MRI Scanner ----- 1977 USA by Raymond Damadian
    Personal Computer ----- 1975 USA
    Space Station ----- 1973 USA Skylab