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The Price Was Right!

You've heard people talk about how much things cost back in the "good old days" --- heck you might remeber them yourself (Uncle John does). Talk about nostalgia -- we found these prices in The Money Book, by Peter Skolnick

 

In 1926:

1 lb. of steak: $.37

1 dozen eggs: $.45

Grand piano: $625

1926 Chevrolet: $510

Frigidaire Refrigerator: $395

RCA Radio: $150

Ticket from NY to Philadelphia on the Pennsylvania Railroad: $3.00

 

In 1936

FDR's presidential salary: $75,000 a year

Average starting salary for a college graduate: $20-25 a week

First class stamp: $.03

Quart of milk: $.12

Full dinner at New York's Roxy Grill: $.75

Six - pack of Coca-Cola (bottles): $.25

13-day cruise from New York to Bermuda: $123

Three-minute call from NY to SF: $4.30

 

In 1946

1 lb. of round steak: $.41

One year's tuition at Yale University: $600

Average hourly wage at Ford Motor Company: $1.38

Dinner and a show featuring Sid Caesar: $2.75 per person

 

In 1956

Median income for men: $3,400

For women: $1,100

Pound of steak: $.43

The Detroit Tigers major league baseball team: $5.5 million (a record at the time)

RCA color TV: $795 - $895

8- 1/2 oz of Rice Crispies: $.25

Avis Rental car: $5 a day plus $.08 a mile

 

In 1966

Federal minimum wage: $1.25 an hour

Damages awarded to a New York lawyer "whose nose was bitten off by an angry litigant": $200,000

One-day stay in the hospital: $42

One year's worth of tuition at Yale University: $1,950

1966 Ford Mustang: $2,129

 

In 1976

National Average annual family income: $14,000

Average salary for an MBA working in New York: $20,000 a year

Sylvania portable 19" color TV: $378

One year's tuition at Yale University: $4,400

Top selling doll in the country: Cher by Mego, $6.94

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