Comparison Of Prices Over 90 Years
Average Cost Of New Home
1930 $3,845.00
1940 $3,920.00
1950 $8,450.00
1960 $12,700.00
1970 $23,450.00
1980 $68,700.00
1990 $123,000.00
2000 $119,600
2008 $238,880
2013 $289,500
2018 $385,880
2021 Forcast increase 8%
Average Wages
1930 $1,970.00
1940 $1,725.00
1950 $3,210.00
1960 $5,315.00
1970 $9,400.00
1980 $19,500.00
1990 $28,960.00
2000 $41,673.83
2008 $40,523
2013 $44,321
2018 $52,145.80
2021 Forcast increase 2.5%
Average Cost of New Car
1930 $600.00
1940 $850.00
1950 $1,510.00
1960 $2,600.00
1970 $3,450.00
1980 $7,200.00
1990 $16,950.00
2000 $21,850
2008 $27,958
2013 $31,352
2018 $35,742
2021 Forcast increase 5.4%
Average Cost Gallon Of Gas
1930 10 cents
1940 11 cents
1950 18 cents
1960 25 cents
1970 36 cents
1980 $1.19
1990 $1.34
2000 $1.26
2009 $2.051
2013 $3.80
2018 $2.82
2021 Current ( April ) $2.87
Price Basket
2008 to 2021
Our Pricebasket showing inflation of food etc. from 2008 to 2021
Since 2008 to 2020 each year we have created our own Inflation basket which includes a mix of 30 + items including food, goods and services, one of the many things it shows is inflation as measured by basic food and just 1 gallon of gas is vastly different compared with any government produced figures
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Average Cost Loaf of Bread
1930 9 cents
1940 10 cents
1950 12 cents
1960 22 cents
1970 25 cents
1980 50 cents
1990 70 cents
2000 $1.26
2008 $2.79
2013 $3.80
2018 $1.98
2021 $2.12
Average Cost 1lb Hamburger Meat
1930 12 cents
1940 20 cents
1950 30 cents
1960 45 cents
1970 70 cents
1980 99 cents
1990 89 cents
2000 $2.46
2008 $3.99
2013 $4.68
2018 $4.32
2021 $4.03
Some of the above can be explained due to the inflation over 80 years , but there are also many other reasons why some prices increased dramatically ( Housing Bubbles. Middle East Wars, Weather problems causing food price inflation, Population explosion, ) it also can work the other way due to improvements in technology offering much cheaper goods for example TV's, Calculators, Computers ETC.