How much did things cost in 1962 - USA?

Prices have risen considerably since 1962. This table gives you an idea of how prices have changed since 1962.

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

These are some prices of items in 1962.

	1962 price	Inflation adjusted
Gallon of gas	31c	$2.85
Ford Fairlane V8 Fordor Sedan	$2,319	$21,300
Admiral 23" console television	$168.94	$1,600
Westinghouse 19" 'Briefcase' portable television	$119.87	$1,100
General Electric 6-transistor radio	$24.97	$230
Admiral 6-transistor pocket radio	$14.97	$149
20 cigarettes (average price) (1)	28c	$2.60
Posting a letter	4c	37c
Newspaper: The New York Times	5-10c	46-92c
Hamburger at McDonald's	15c	$1.40
Papermate ballpoint pens	$1.69-$3.95	$16-$37
Flour (5lb)	57c	$5.20
Bread (per lb)	21c	$1.90
Road steak (lb)	$1.08	$9.90
Chuck roast (lb)	62c	$5.70
Pork chops (lb)	90c	$8.30
Bacon (lb)	70c	$6.40
Butter (lb)	75c	$6.90
Eggs (dozen)	54c	$5.00
Milk (½ gallon)	52c	$4.80
Oranges (dozen)	79c	$7.30
Potatoes (10lb)	63c	$5.80
Canned tomatoes (No. 303 can)	16c	$1.50
Navy beans (lb)	17c	$1.60
Coffee (lb)	70c	$6.40
Margarine (lb)	28c	$2.60
Sugar (5lb)	59c	$5.40

References

(1) 'Agricultural Statistics 1966', published by the US Department of Agriculture 1966, page 112