How much did things cost in 1958 - USA?

Prices have risen considerably since 1958. This table gives you an idea of how prices have changed since 1958.

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

These are some prices of items in 1958.

1958 priceInflation adjusted
Average house price (1)$14,207$140,000
Gallon of gas31c$3
Chevrolet Deluxe car$0
Ford Custom 300 Fordor Sedan$2,180$21,000
Philco 21" television Mahogany or blond finish$229.95$2,200
Philco Seventeer Portable television, white alligator look$189.95$1,800
Zenith Royal 500D pocket transistor radio$75$720
Admiral AC-DC tube radio, choice of color$10.88$100
Westinghouse transistor portable radio$31.88$310
Hotpoint 8 cubic-foot refrigerator$129.88$1,200
Vacuum cleaner with attachments$19.88$190
Mens crew neck sanforized sports shirt99c$9.50
20 cigarettes (average price) (3)24c$2.30
Posting a letter4c38c
Newspaper: The New York Times5c48c
Hamburger at McDonald's15c$1.40
Flour (5lb)55c$5.30
Bread (per lb)19c$1.80
Road steak (lb)$1.04$10.0
Chuck roast (lb)63c$6
Pork chops (lb)92c$8.80
Bacon (lb)79c$7.60
Butter (lb)74c$7.10
Eggs (dozen)60c$5.80
Milk (½ gallon)51c$4.90
Oranges (dozen)76c$7.30
Potatoes (10lb)63c$6
Canned tomatoes (No. 303 can)17c$1.60
Navy beans (lb)18c$1.70
Coffee (lb)91c$8.70
Margarine (lb)29c$2.80
Sugar (5lb)56c$5.40

References

(1) Median new build house price over ten metropolitan areas

(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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