This is the US version of this pageSee the UK version of this page

How much did things cost in 1974 - USA?

Prices have risen considerably since 1974. This table gives you an idea of how prices have changed since 1974.

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

These are some prices of items in 1974.

1974 priceInflation adjusted
Average house price (1)$32,000$210,000
Gallon of gas39c$2.50
Ford Custom 500 V8 4-door Sedan$3,911$25,000
Ford Pinto 2-door Sedan$2,527$16,000
20 cigarettes (average price) 45c$2.90
Posting a letter10c65c
Newspaper: The New York Times15c97c
Town House Pork & beans 16oz can x4 (Safeway)$1$6.50
Macleans Toothpaste 7oz (Safeway)49c$3.20
Chuck steak (lb) (Safeway)$1.09$7.10
Turkey (hens) (lb) (Safeway)59c$3.80
Beef franks 12oz pack (Safeway)54c$3.50
Mild Cheddar (lb) (Safeway)$1.29$8.40
Homestyle bread 2x1½lb loaves (Safeway)79c$5.10
Lucerne butter (lb) (Safeway)82c$5.30
Lucerne large eggs (doz) (Safeway)70c$4.50
Bell-air frozen french fries (2lb) (Safeway)59c$3.80
V-8 vegetable cocktail 46oz (Safeway)59c$3.80
Lucerne Evaporated Milk 13oz can (Safeway)26c$1.70

Other years

References

(1) US Existing One-Family Houses Sold and Price, by Region, 1970 to 1998, Census Bureau, Statistical Abstract of the United States, 1999, Section 25 Construction and Housing, page 726.

By Steven Braggs August 2025

Add your comments

Add Comment

* Required information
1000
Captcha Image
Powered by Commentics

Comments

No comments yet. Be the first!

By year

Retrowow - vintage, retro and social history

Mid Century facts & figures ★UK ★ USA ★

Retrowow - vintage, retro and social history

Mid Century facts & figures ★UK ★ USA ★