How much did things cost in 1957 - USA?

Prices have risen considerably since 1957. This table gives you an idea of how prices have changed since 1957.

Many things were much cheaper: houses, cars, posting a letter and cigarettes.

These are some prices of items in 1957.

1957 priceInflation adjusted
Average house price$14,261$140,000
Gallon of gas30c$3
Chevrolet Deluxe car$0
Ford Custom Fordor Sedan$2,112$21,000
Philco 16" television $49.50$490
Magnavox 21" console television$159.50$1,600
Magnavox color television$449.50$4,500
Zenith Royal 500D pocket transistor radio$75$740
General Electric pocket radio$34.95$350
20 cigarettes (average price) (2)24c$2.40
Posting a letter3c30c
Newspaper: The New York Times5c50c
Hamburger at McDonald's15c$1.50
Parker Jotter ballpoint pen$2.95$29
Flour (5lb)55c$5.50
Bread (per lb)19c$1.90
Road steak (lb)94c$9.30
Chuck roast (lb)53c$5.20
Pork chops (lb)87c$8.60
Bacon (lb)74c$7.30
Butter (lb)74c$7.30
Eggs (dozen)57c$5.60
Milk (½ gallon)50c$5
Oranges (dozen)58c$5.70
Potatoes (10lb)57c$5.60
Canned tomatoes (No. 303 can)15c$1.50
Navy beans (lb)16c$1.60
Coffee (lb)$1.02$10
Margarine (lb)30c$3
Sugar (5lb)55c$5.50

References

(1) Median new build house price

(2) 'Annual Report on Tobacco Statistics, 1959', published by the US Department of Agriculture, Agricultural Marketing Service, page 50

By Steven Braggs, July 2023

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