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