Cost of Living 50 Years Ago...

Real Estate Agent with Murphy and Hayesville, NC; Hiawassee, Blairsville, Blue Ridge GA and Copperhill TN

lee and carol barbourCost of Living in 1960

Cost of a gallon of Gas 25 cents
Can of Beef Ravioli 30 cents
Loaf of Bread 20 cents
Average Cost of a new car $2,600.00
Yearly Inflation Rate 1.46%
Average Monthly Rent $98.00
Average Cost of new house $12,700.00


Lee and I were born in 1960...what a difference 50 years can make!


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Lee & Carol Barbour
"The Mountain Living Team"



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Mike Sparks
The House Company Galveston Texas - Galveston, TX
Galveston Island Real Estate

Wouldn't you just love to step back in time....just think,  for 20K you could buy a new house and a new Corvette and have change left over.

Feb 08, 2010 09:39 AM #2
Jennifer Fivelsdal
JFIVE Home Realty LLC | 845-758-6842|162 Deer Run Rd Red Hook NY 12571 - Rhinebeck, NY
Mid Hudson Valley real estate connection

Lee and Carol it is interesting to take a look back to see how over the years the changes have been drastic.

Feb 08, 2010 11:33 AM #3
Bob Dunn
Sutton Group West Coast Realty - Abbotsford, BC

I remember pumping gas work at a gas station for that price. At the corner cafe I could get meal with soup, coffee and desert for 85 cents.

Feb 08, 2010 03:59 PM #4
Loreena and Michael Yeo
3:16 team REALTY ~ Locally-owned Frisco TX Real Estate Co. - Frisco, TX
Real Estate Agents

I feel old when I could say I paid 69 cents for a gallon of gas back in 1997. I heard lots of stories about how prices were and I catch myself saying the same thing lately.... No doubt, things are getting more expensive but I dont think wages are rising in proportion.

Feb 08, 2010 09:54 PM #5
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Lee & Carol Barbour, REALTORS

Mountain Living Team in Murphy NC and North GA
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