How much did things cost in 1968 - USA?
Prices have risen considerably since 1968. This table gives you an idea of how prices have changed since 1968.
Many things were much cheaper: houses, cars, posting a letter and cigarettes.
These are some prices of items in 1968.
| 1968 price | Inflation adjusted | |
|---|---|---|
| Gallon of gas | 34c | $2.72 |
| Ford Fairlane V8 Fordor Sedan | $2,544 | $20,400 |
| Admiral 20" color television | $399.95 | $3,200 |
| Zenith Royal 25 AM-FM pocket transistor radio | $19.95 | $160 |
| Admiral 6-transistor shirt pocket radio | $5.95 | $48 |
| 20 cigarettes (average price) | 33c | $2.60 |
| Posting a letter | 6c | 48c |
| Newspaper: The New York Times | 10c | 80c |
| Hamburger at McDonald's | 18c | $1.40 |
| Flour (5lb) | 58c | $4.64 |
| Bread (per lb) | 22c | $1.80 |
| Road steak (lb) | $1.14 | $9.10 |
| Chuck roast (lb) | 64c | $5.10 |
| Pork chops (lb) | $1.03 | $8.20 |
| Bacon (lb) | 81c | $6.50 |
| Butter (lb) | 84c | $6.70 |
| Eggs (dozen) | 53c | $4.20 |
| Milk (½ gallon) | 61c | $4.90 |
| Oranges (dozen) | 97c | $7.80 |
| Potatoes (10lb) | 76c | $6.10 |
| Canned tomatoes (No. 303 can) | 20c | $1.60 |
| Navy beans (lb) | 29c | $2.30 |
| Coffee (lb) | 76c | $6.10 |
| Margarine (lb) | 28c | $2.20 |
| Sugar (5lb) | 61c | $4.90 |
By Steven Braggs, November 2023
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