- Potatoes (10 pounds): $1.37 ($8.03 in todays dollars) - Potatoes (10 pounds): $0.63 ($5.67 in todays dollars) - Sliced bacon (1 pound): $1.94 ($4.69 in todays dollars) Consumer spending grew and unemployment went down to 5.3%. Housing, transportation and food were among the top items consumers were buying. - Round steak (1 pound): $2.77 ($8.75 in todays dollars) - Round steak (1 pound): $0.35 ($6.46 in todays dollars) Named after its creator, Secretary of State George C. Marshall, the Marshall Plan proposed offering European nations more than $15 billion in aid to rebuild after the war. - Sliced bacon (1 pound): $1.92 ($3.56 in todays dollars) - Fresh grocery milk (1 gallon): $3.08 ($3.98 in todays dollars). Federal aid finally came through with the formation of the Reconstruction Finance Corporation, which offered financial assistance to railroads, banks, and business corporations, later expanding to include agriculture, and state and local public works. - Potatoes (10 pounds): $0.24 ($4.11 in todays dollars) No longer in a recession and boosted by tax cuts, inflation decreased significantly, coming down to 5.75%. Expenditures on other areas, such as food, entertainment and education, also rose slightly. - Fresh grocery milk (1 gallon): $2.90 ($3.01 in todays dollars). - Sliced bacon (1 pound): $0.43 ($6.70 in todays dollars) - Fresh grocery milk (1 gallon): $3.04 ($3.09 in todays dollars). - Round steak (1 pound): $0.94 ($8.71 in todays dollars) - Fresh eggs (1 dozen): $0.49 ($3.82 in todays dollars) Credit cards also began to grow in popularity, with American Express launching an all-purpose credit card that could be used at stores, restaurants, hotels, and gas stations. - Sliced bacon (1 pound): $1.33 ($7.80 in todays dollars) In an attempt to prevent hoarding, the Office of Price Administration set price limits and food rations. Minimum wage was also increased to $2.10, - Fresh eggs (1 dozen): $0.84 ($3.84 in todays dollars) - Sliced bacon (1 pound): $0.95 ($6.37 in todays dollars) - Fresh eggs (1 dozen): $1.03 ($1.49 in todays dollars) WebEnd October President of the United States Franklin D. Roosevelt approves US$ 1bn in Lend-Lease aid to Britain. - Round steak (1 pound): $0.36 ($6.69 in todays dollars) But the attacks of 9/11 further exacerbated the effects of the recession, closing the stock markets for several days. - Round steak (1 pound): $4.14 ($5.02 in todays dollars) - Potatoes (10 pounds): $0.68 ($6.51 in todays dollars) - Sliced bacon (1 pound): $0.79 ($7.70 in todays dollars) The economy did better than expected, with inflation below 1.5% and unemployment averaging at around 5.8%. - Round steak (1 pound): $0.39 ($6.91 in todays dollars) - White bread (1 pound): $0.10 ($1.33 in todays dollars) questions are about? - Round steak (1 pound): $1.08 ($9.31 in todays dollars) - Sliced bacon (1 pound): $2.55 ($3.98 in todays dollars) For individuals, the median income was $2,600, a 5% increase from the previous year. By June, the economy had begun to grow again, but unemployment for the year remained high at 19%. - Potatoes (10 pounds): $0.17 ($3.23 in todays dollars) With more women in the workplace came a demand for a recognition of rights, with the National Organization of Women calling for an executive order to ban discrimination in federal employment. - Fresh eggs (1 dozen): $0.40 ($7.08 in todays dollars) - White bread (1 pound): $1.39 ($1.69 in todays dollars) Strong economic growth, stable prices for goods and services, and record-low unemployment at 4.2% made the U.S. economy look like an Energizer Bunny on steroids, according to CNN Money. Britain imported - Round steak (1 pound): $0.44 ($6.62 in todays dollars) When World War II ended in September 1945, the United States emerged economically stronger than any other country in the world. - Fresh delivered milk (1/2 gallon): $0.24 ($4.49 in todays dollars). - Potatoes (10 pounds): $0.57 ($5.28 in todays dollars) - Fresh grocery milk (1/2 gallon): $1.56 ($2.59 in todays dollars). - Fresh grocery milk (1 gallon): $3.49 ($3.96 in todays dollars). - Round steak (1 pound): $0.26 ($5.21 in todays dollars) Among the biggest areas of spending increase were alcoholic beverages, tobacco products, and smoking supplies, which could be in part due to the number of electronic products that were introduced in the marketplace. - Sliced bacon (1 pound): $2.47 ($4.10 in todays dollars) - Potatoes (1 pound): $0.35 ($0.63 in todays dollars) - Fresh eggs (1 dozen): $1.24 ($1.75 in todays dollars) With product prices rising only slightly, these record-high incomes were significant, giving American consumers more purchasing power than ever before. The economy had recovered from the recession and Americans entered into a new era of economic growth. - Round steak (1 pound): $3.38 ($6.27 in todays dollars) - Fresh eggs (1 dozen): $0.78 ($4.12 in todays dollars) - White bread (1 pound): $0.89 ($1.39 in todays dollars) - Sliced bacon (1 pound): $3.20 ($4.53 in todays dollars) - Fresh delivered milk (1/2 gallon): $0.52 ($4.42 in todays dollars). - Sliced bacon (1 pound): $4.56 ($5.17 in todays dollars) Quiz: Can you guess which company owns these brands? 5 In 1940, sugar cost an average of $0.052 per However, a slight recession began in the country in November, leading into the next year. - Round steak (1 pound): $0.28 ($5.44 in todays dollars) - Round steak (1 pound): $0.43 ($6.70 in todays dollars) Consumer confidence was also at a high, with 80% of people not worried about losing their jobs and incomes rising among families in every wage bracket. You may also like: Jobs that might not exist in 50 years, - Fresh eggs (1 dozen): $0.45 ($7.01 in todays dollars) Price and wage controls enacted by the government had been successful and inflation had gone down to 3.27%. Administration: private business, 545; costs, 546; demand, 547; foreign - Fresh grocery milk (1/2 gallon): $0.78 ($4.12 in todays dollars)*. - Fresh grocery milk (1/2 gallon): $1.13 ($2.83 in todays dollars). The economy grew at a rate of over 5%. The country was in a recession by the end of the year. - Fresh delivered milk (1/2 gallon): $0.53 ($4.45 in todays dollars). - Fresh eggs (1 dozen): $0.45 ($7.01 in todays dollars) - White bread (1 - Sliced bacon (1 pound): $0.79 ($7.11 in todays dollars) The average house price in Great Britain in 1963 is 3,160. Wisconsin Historical Society // Getty Images, State Library of New South Wales // Flickr, SMU Libraries Digital Collections // Flickr, U.S. National Archives and Records Administration // Wikimedia Commons, U.S. National Archives and Records Administration // Wikimdia Commons, OSU Special Collections & Archives // Wikimedia Commons, The Library of Virginia // Wikimedia Commons, State Library and Archives of Florida // Wikimedia Commons, U.S. Department of Agriculture // Wikimedia Commons, State Archives of North Carolina // Wikimedia Commons, Countries with the most oil and who they're selling it to. - Sliced bacon (1 pound): $0.27 ($5.02 in todays dollars) - Sliced bacon (1 pound): $3.61 ($4.38 in todays dollars) - White bread (1 pound): $0.21 ($1.76 in todays dollars) - White bread (1 pound): $0.21 ($1.83 in todays dollars) The year also saw the launch of the dot-com bubble, with investors eagerly putting money into newly launched internet-based startups. - Potatoes (10 pounds): $1.40 ($5.59 in todays dollars) - Round steak (1 pound): $0.94 ($10.15 in todays dollars) And with a war raging overseas, American businesses got a boost from selling goods such as steel, ammunition, and food to European countries. - Fresh eggs (1 dozen): $0.53 ($4.74 in todays dollars) Gas prices also began to skyrocket, as the Organization of Petroleum Exporting Countries cut off oil exports to America in retaliation for the country providing military aid to Israel during the Yom Kippur War. The inflation adjusted prices are based on the Consumer Price Index (CPI). to dollars and cents (from Decimal currency, 1965, ABS) Pence Whole cents 1 1 2 2 3 2 4 3 5 4 GDP decreased by 3.4% and unemployment was 5.6%. - Potatoes (10 pounds): $0.54 ($5.26 in todays dollars) - Sliced bacon (1 pound): $0.66 ($5.80 in todays dollars) I went to the spare room and checked my copy of Radio Times for September 1946 (every home should have one!) - Potatoes (1 pound): $0.38 ($0.65 in todays dollars) In 2014, the typical American household spent $36,800, however the amount of money they were bringing in stayed relatively the same. - White bread (1 pound): $0.09 ($1.44 in todays dollars) - Potatoes (10 pounds): $0.21 ($3.88 in todays dollars) - Fresh eggs (1 dozen): $1.22 ($1.63 in todays dollars) - White bread (1 pound): $1.43 In the second quarter of the year, families were paying more than 14% of their disposable income toward their debt and mortgage delinquencies, and bankruptcy cases also rose. - Round steak (1 pound): $4.61 ($5.33 in todays dollars) The amount of money consumers spent on both durable and nondurable goods reached its highest levels since 2007. - Round steak (1 pound): $3.41 ($6.52 in todays dollars) - White bread (1 pound): $0.08 ($1.49 in todays dollars) All indicators continued to show a healthy, growing economy, with unemployment at 4.9% and inflation at around 3%. - Round steak (1 pound): $0.90 ($8.74 in todays dollars) - Fresh delivered milk (1/2 gallon): $0.27 ($4.78 in todays dollars). Inflation and interest rates also fell. - Potatoes (10 pounds): $0.47 ($6.95 in todays dollars) - Sliced bacon (1 pound): $1.99 ($3.49 in todays dollars) - Sliced bacon (1 pound): $2.12 ($4.22 in todays dollars) - Sliced bacon (1 pound): $0.74 ($6.85 in todays dollars) - White bread (1 pound): $1.37 ($1.49 in todays dollars) - Potatoes (10 pounds): $0.53 ($5.13 in todays dollars) - Fresh eggs (1 dozen): $1.66 ($2.01 in todays dollars) - Round steak (1 pound): $2.95 ($7.96 in todays dollars) - Round steak (1 pound): $3.10 ($5.03 in todays dollars) - Fresh eggs (1 dozen): $0.74 ($7.41 in todays dollars) - Fresh eggs (1 dozen): $0.93 ($1.37 in todays dollars) - Fresh grocery milk (1 gallon): $3.42 ($3.76 in todays dollars). - Round steak (1 pound): $0.92 ($8.97 in todays dollars) - Fresh grocery milk (1 gallon): $2.76 ($3.90 in todays dollars). Consumer confidence was also strong and federal discretionary spending as part of the GDP hit a 30-year low. Consumer spending made up 70.5% of the total GDP. WebRich Mans Dinner: $16.30 for Martini Cocktail, Lynnhaven Oysters, Celery, Stuffed Olives, Green Turtle Soup, Terrapin, Champagne, Canvasback Duck, Mushrooms in Cream, French Asparagus, French Peas, Squash, Appolinaris, Tutti Frutti Ice Cream, Assorted Cakes, Cordial, Camembert Cheese, and Caf Ture. - Potatoes (1 pound): $0.36 ($0.58 in todays dollars) - Fresh eggs (1 dozen): $0.29 ($5.81 in todays dollars) Before the coronavirus pandemic hit, did you just head to the movies or the bar? - Fresh eggs (1 dozen): $0.57 ($5.28 in todays dollars) For as long as moneys been made, Americans have had to make choices on how to spend their hard-earned dollars. The newly inaugurated President Jimmy Carter made job creation a main priority and Congress passed the Economic Stimulus Appropriations Act. However, unemployment crept up to 5.8%. WebBRITISH PRICES AND WAGE RATES: 1939-1941 SUMMARY I. - Potatoes (10 pounds): $0.24 ($4.25 in todays dollars) - Round steak (1 pound): $2.89 ($6.62 in todays dollars) A stock market crash from the previous year, as well as an ongoing recession and high inflation, meant low economic decline for the country. Chris Payne. - Fresh eggs (1 dozen): $0.86 ($1.51 in todays dollars) The economy experienced a marked slowdown, with economic growth and job growth both decreasing and the housing boom coming to an end. research shows that in the UK we actually spend less on food than previous generations did, and many popular foods are cheaper now than they were 30 years ago . - Fresh grocery milk (1 gallon): $2.88 ($4.23 in todays dollars). Defense jobs often paid workers more than they had ever earned before, allowing them the ability to save up or pay off debts. - Fresh delivered milk (1/2 gallon): $0.52 ($4.57 in todays dollars). - Fresh eggs (1 dozen): $0.54 ($4.65 in todays dollars) - Sliced bacon (1 pound): $5.52 - Round steak (1 pound): $3.24 ($4.90 in todays dollars) - Fresh eggs (1 dozen): $0.86 ($1.60 in todays dollars) - White bread (1 pound): $1.02 ($1.48 in todays dollars) - Sliced bacon (1 pound): $0.81 ($6.06 in todays dollars) - White bread (1 pound): $1.08 ($1.39 in todays dollars) Increasing Soviet-U.S. tensions led to the Truman Doctrine of March 12, 1947, which formalized Americas intent to contain the expansion of Soviet communism and committed the country to the assistance ofdemocratic nations threatened by authoritativeforces. - Potatoes (10 pounds): $0.68 ($4.37 in todays dollars) republish under a Creative Commons License, and we encourage you to - Sliced bacon (1 pound): $1.88 ($4.14 in todays dollars) - White bread (1 pound): $0.13 ($1.52 in todays dollars) - Fresh delivered milk (1/2 gallon): $0.39 ($4.55 in todays dollars). Meanwhile, unemployment throughout the country continued to decrease, falling to 20.1%, while the economy grew 8.9%. - Potatoes (1 pound): $0.25 ($0.59 in todays dollars) While the average median income of families rose 6%, an 11% rise in prices meant they had less purchasing power than in years past. distribution partner, email us at - White bread (1 pound): $0.25 ($1.56 in todays dollars) - Round steak (1 pound): $0.41 ($6.06 in todays dollars) - White bread (1 pound): $0.09 ($1.63 in todays dollars) Consumer confidence dropped even further as the threat of a gasoline shortage loomed and long lines at gas stations appeared. President Hoovers attempts to help the millions in need came a little too late however, as he lost to Democratic challenger Franklin Delano Roosevelt in the November elections. WebWhat Things Cost in 1941: Car: $925 Gasoline: .19 cents/gal House: $6,900 Bread: .08 cents/loaf Milk: .34 cents/gal Postage Stamp: .03 cents Stock Market: Dow Jones Index - Round steak (1 pound): $3.09 ($4.93 in todays dollars) - Round steak (1 pound): $1.80 ($9.50 in todays dollars) However, Americans did save money on food, with more individuals opting to eat at home due to the high cost of dining out and a desire to eat healthier, as well as the availability of entertainment courtesy of streaming services. - Round steak (1 pound): $3.50 ($5.06 in todays dollars) You may also like: Can you guess the company these real 'Jeopardy!' - Round steak (1 pound): $1.48 ($9.22 in todays dollars) In an effort to combat rising inflation and create jobs, President Richard Nixon signed an executive order in August, authorizing temporary wage and price controls. - Fresh eggs (1 dozen): $1.00 ($2.51 in todays dollars) However, unemployment decreased to 7.4%. Contains a supplement for 1941. With the war efforts in full-swing, President Roosevelt created the Office of War Mobilization to coordinate the countrys war agencies, including manpower and mobilization. - Fresh delivered milk (1/2 gallon): $0.41 ($4.43 in todays dollars). - Round steak (1 pound): $2.91 ($7.29 in todays dollars) - Round steak (1 pound): $3.12 ($6.55 in todays dollars) - Potatoes (10 pounds): $0.94 ($7.77 in todays dollars) Inflation went up to 11.2% and interest rates soared to 20%. Bush, Bill Clinton and Ross Perot vied for the electorates votes. By 1940, Americas economy was on the up-and-up, with unemployment continuing to decrease to 14.6%. - Sliced bacon (1 pound): $0.41 ($6.06 in todays dollars) - Potatoes (1 pound): $0.68 ($0.79 in todays dollars) But once the Federal Reserve eased policies meant to curb inflation, including price controls and increased interest rates, the economy bounced back in May. - Sliced bacon (1 pound): $0.41 ($7.79 in todays dollars) - Fresh eggs (1 dozen): $1.40 ($1.43 in todays dollars) - Sliced bacon (1 pound): $2.14 ($4.90 in todays dollars) Consumers also spent more money on personal insurance and pensions. Communities also began collecting scrap metal, cans, and rubber to recycle and manufacture into weapons. Food marches and riots occurred across the country, as did two more banking panics. Economic uncertainty among businesses and CEOs grew as the tumultuous presidential race between Hillary Clinton and Donald Trump tightened. - Round steak (1 pound): $4.11 ($5.16 in todays dollars) Americans were on the move and car sales were there to prove it. - Sliced bacon (1 pound): $5.61 ($5.71 in todays dollars) - Round steak (1 pound): $2.86 ($8.19 in todays dollars) - Round steak (1 pound): $3.84 ($5.43 in todays dollars) But the consumer price index (CPI) was rising quicker than it had the rest of the decade, going from 35.6 in January 1969 to 37.7 in December 1969. In the 1950s we spent a third of our income on food shopping, but in 1974 this had gone down to 24%. The household median income rose 3.5%, coming to $38,885. WebCost of Living 1941 Average Cost of new house $4,075.00 Average wages per year $1,750.00 Average Monthly Rent $32.00 per month Cost of a gallon of Gas 12 cents - White bread (1 pound): $0.54 ($1.41 in todays dollars) - Potatoes (10 pounds): $0.51 ($5.11 in todays dollars) - Round steak (1 pound): $1.04 ($9.37 in todays dollars) - Potatoes (10 pounds): $1.50 ($6.44 in todays dollars) - Potatoes (1 pound): $0.58 ($0.69 in todays dollars) - Potatoes (10 pounds): $0.65 ($5.53 in todays dollars) - Round steak (1 pound): $0.76 ($8.87 in todays dollars) The stock market crashed again, with businesses blaming New Deal initiatives and the government blaming a lack of investment on the part of the businesses. Congress approved tax cuts proposed by President Kennedy before his assasination, putting more money back into the pockets of American consumers. My father sold our house on Millmount Road in 1941 for 800 pounds,it was detached with four bay windows and walled garden. - Sliced bacon (1 pound): $3.39 ($4.52 in todays dollars) Adding to the instability was the revelation by the federal government of a widening trade deficit, leading to the dollar falling in value. - Round steak (1 pound): $1.07 ($9.57 in todays dollars) Employment continued to grow, with 2 million adults1.4 million of which were womenjoining the workforce. Do you splurge on bacon or hair dye? - Round steak (1 pound): $0.91 ($9.83 in todays dollars) - Sliced bacon (1 pound): $5.42 ($5.88 in todays dollars) - Fresh eggs (1 dozen): $0.70 ($7.66 in todays dollars) Adding to the employment crisis was the rise in people who had exhausted their unemployment benefitsup more than 2.3 million from the previous year. - Round steak (1 pound): $1.27 ($9.01 in todays dollars) High interest rates and a decrease in buying power meant less spending, with people putting off buying big-ticket items such as cars and housing. - Round steak (1 pound): $0.52 ($6.94 in todays dollars) - Fresh eggs (1 dozen): $0.67 ($6.58 in todays dollars) - White bread (1 pound): $0.17 ($1.64 in todays dollars) - White bread (1 pound): $0.56 ($1.33 in todays dollars) 852. The hardest hit industries were entertainment, personal care and services, and apparel, though consumers did increase their spending slightly for transportation and health care. The unemployment rate was 6.8% and consumer spending decreased in two separate quarters. The economy continued to grow, with annual GDP growing 2.5% and inflation at 3.93%. Compares pre- and post-WWI wages, union rates, farm wage rates, hours of work, and average weekly earnings by industry. That increase helped account for higher insurance rates, due to an increase in natural disasters, distracted driving accidents and costlier vehicle repairs. And while the economy was booming, the world turned upside down when President Kennedy was assassinated in November, leaving Vice President Lyndon B. Johnson to take over. Coming into a new year with a modest recession, newly inaugurated President John F. Kennedy gave the economy a boost with stimulus spending that included tax cuts and the expansion of unemployment and Social Security benefits. In contrast, many married women joined the workforce halfway through the year when job opportunities began expanding, making an average median income of $1,100, about the same as they took home the year prior. President Dwight D. Eisenhower signed legislation to construct an interstate highway system in 1956, leading to the creation of thousands of construction jobs as well as an increase in the number of roadside businesses. In an attempt to tackle the federal deficit, Congress passed the Omnibus Budget Reconciliation Act, which increased taxes and aimed to reduce spending by $225 billion over five years. You may also like: Best places to retire in the Midwest, - Fresh eggs (1 dozen): $0.80 ($1.94 in todays dollars) - White bread (1 pound): $0.93 ($1.41 in todays dollars) At the presidents request, Congress approved $3.75 billion in federal spending to jump-start the economy in April. Inflation was also still high, at 7.6%. - White bread (1 pound): $1.21 ($1.52 in todays dollars) - Fresh eggs (1 dozen): $0.36 ($6.51 in todays dollars) - White bread (1 pound): $0.22 ($1.77 in todays dollars) Publications that use this data. WebThe second problem is that of different margins in different districts. With 10 million Americans unemployed, a record $290 billion deficit and sluggish job creation, voters were looking for a president who could revive the economy. - Fresh eggs (1 dozen): $0.92 ($1.57 in todays dollars) - Fresh eggs (1 dozen): $1.68 ($2.11 in todays dollars) - Fresh delivered milk (1/2 gallon): $0.21 ($3.99 in todays dollars). - Sliced bacon (1 pound): $0.96 ($5.98 in todays dollars) - Sliced bacon (1 pound): $0.67 ($5.99 in todays dollars) - White bread (1 pound): $0.14 ($1.53 in todays dollars) - White bread (1 pound): $0.69 ($1.37 in todays dollars) - Round steak (1 pound): $3.40 ($6.12 in todays dollars) For 1944 and 1945, income amounts above $200,000 about $3.3 million in today's dollars were taxed at an astounding marginal tax rate of 94%! - Potatoes (10 pounds): $0.76 ($7.46 in todays dollars) - White bread (1 pound): $1.00 ($1.47 in todays dollars) - Fresh grocery milk (1/2 gallon): $0.84 ($3.61 in todays dollars). - Sliced bacon (1 pound): $0.64 ($6.91 in todays dollars) - White bread (1 pound): $0.61 ($1.34 in todays dollars) In the midst of a recession, 2008 saw unemployment at 5.8% and American families taking in $61,932, less than they did in 2007. The median household income was $53,657, not statistically different from that of 2013. You may also like: History of the supermarket industry in America, - Fresh eggs (1 dozen): $0.53 ($4.38 in todays dollars) The average family income rose 6% to $5,400. Despite gains in spending and output, the job market remained weak, with sluggish job creation and hiring. - Fresh eggs (1 dozen): $0.33 ($6.41 in todays dollars) The recession which had begun in 1990 continued through March of 1991. - Round steak (1 pound): $2.90 ($7.58 in todays dollars) But the coronavirus pandemic completely upended the economy, with small business revenue down 20% as of September and unemployment reaching a high of nearly 15% in April. Mainly for this reason, estimates of total dead in World War II vary anywhere from 35,000,000 to 60,000,000a statistical difference of no small import. - White bread (1 pound): $0.09 ($1.33 in todays dollars) - Round steak (1 pound): $1.36 ($8.74 in todays dollars) You may also like: Best value colleges in every state, - Fresh eggs (1 dozen): $1.01 ($2.01 in todays dollars) Gross domestic product (GDP) fell 1.7%. - Fresh eggs (1 dozen): $0.79 ($1.74 in todays dollars) - Round steak (1 pound): $0.36 ($6.74 in todays dollars) - Round steak (1 pound): $5.79 ($6.15 in todays dollars) - Fresh grocery milk (1 gallon): $3.16 ($4.35 in todays dollars). The cuts were finally approved by Congress in 1964, three months after the president was assassinated. - Fresh delivered milk (1/2 gallon): $0.52 ($4.48 in todays dollars). The recession ended in June, thanks in part to a $700 billion bailout of the financial industry and insurance and automobile companies as well as the passage of the American Recovery and Reinvestment Act, a nearly $800 billion government stimulus package. - Sliced bacon (1 pound): $0.70 ($6.03 in todays dollars) The price of the dollar in the foreign exchange market also fell, and the dollar was devalued 10 cents. - Sliced bacon (1 pound): $0.41 ($7.41 in todays dollars) - Fresh eggs (1 dozen): $0.59 ($7.88 in todays dollars) - Fresh eggs (1 dozen): $1.31 ($1.69 in todays dollars) By 2016 food shopping accounted for just 10.5% of our income. Unemployment was also at the lowest it had been in 17 years. - Fresh grocery milk (1 gallon): $3.26 ($3.89 in todays dollars). - Fresh delivered milk (1/2 gallon): $0.26 ($4.83 in todays dollars). - Fresh eggs (1 dozen): $0.62 ($4.40 in todays dollars) - Round steak (1 pound): $0.88 ($8.42 in todays dollars)
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