How much did things cost in 1967 - USA?
Prices have risen considerably since 1967. This table gives you an idea of how prices have changed since 1967.
Many things were much cheaper: houses, cars, posting a letter and cigarettes.
These are some prices of items in 1967.
| 1967 price | Inflation adjusted | |
|---|---|---|
| Average house price (1) | $19,892 | $165,000 |
| Gallon of gas | 33c | $2.80 |
| Ford Fairlane V8 Fordor Sedan | $2,445 | $20,300 |
| Philco Color television | $299.95 | $2,500 |
| Admiral Marquis 10-transistor AM-FM radio | $24.95 | $210 |
| Admiral Caprice 10-transistor AM radio | $9.95 | $83 |
| 20 cigarettes (average price) | 33c | $2.70 |
| Posting a letter | 5c | 42c |
| Newspaper: The New York Times | 10c | 83c |
| Hamburger at McDonald's | 15c | $1.25 |
| Flour (5lb) | 60c | $5.00 |
| Bread (per lb) | 22c | $1.80 |
| Road steak (lb) | $1.10 | $9.10 |
| Chuck roast (lb) | 61c | $5.10 |
| Pork chops (lb) | $1.00 | $8.30 |
| Bacon (lb) | 84c | $7.00 |
| Butter (lb) | 83c | $6.90 |
| Eggs (dozen) | 49c | $4.10 |
| Milk (½ gallon) | 57c | $4.70 |
| Oranges (dozen) | 77c | $6.40 |
| Potatoes (10lb) | 75c | $6.20 |
| Canned tomatoes (No. 303 can) | 20c | $1.70 |
| Navy beans (lb) | 18c | $1.50 |
| Coffee (lb) | 77c | $6.40 |
| Margarine (lb) | 28c | $2.30 |
| Sugar (5lb) | 61c | $5.10 |
References
(1) 'News of reality: More homes sold: Average Price Up to $19,892, published in the New York Times April 22, 1968, page 76 ProQuest Historical Newspapers: The New York Times with Index
By Steven Braggs, November 2023
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