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How much did things cost in 1976 - USA?

Prices have risen considerably since 1976. This table gives you an idea of how prices have changed since 1976.

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

These are some prices of items in 1976.

1976 priceInflation adjusted
Average house price (1)$38,100$220,000
Gallon of gas57c$3.20
Ford LTD Pillared Hardtop 4-door Sedan (2)$4,780$27,000
Ford Pinto 2-door Sedan$3,025$17,000
Texas Instruments TI-1250 calculator with memory (Safeway)$11.99$68
Texas Instruments digital watch (Safeway)$17.99$100
TV Fun electronic game (Hockey/Tennis/Handball/Solo) (J C Penney)$59.88$340
AM/FM Cassette Player/Recorder (J C Penney)$39.88$230
Mini Tape recorder (J C Penney)$39.88$230
Rockwell 24K II Rechargeable pocket calculator in extra slim wallet (J C Penney)$29.88$170
Texas Instruments Little Professor (J C Penney)$19.95$110
Twister game (J C Penney)$5.44$31
Matchbox City Vehicle set (10 toy cars) (J C Penney)$8.99$51
Mickey Mouse Watch (adult size) (J C Penney)$14.95$85
20 cigarettes (average price) 49c$2.80
Posting a letter13c74c
Newspaper: The New York Times20c$1.10
Safeway brand Canned ham (8lb) (Safeway)$12.69$72
Blade chuck roast (lb) (Safeway)78c$4.50
Fresh fryers (chicken) (lb) (Safeway)44c$2.50
Bel-air cheese pizza (frozen 16oz) (Safeway)89c$5.10
Thompson seedless Californian grapes (lb) (Safeway)39c$2.20
Corned beef (lb) (Safeway)99c$5.60
Kraft Barbecue Sauce (18oz) (Safeway)49c$2.80
Mrs Wright's multi-grain bread 3 x 1lb loaves (Safeway)$1$5.70
Cherries (Californian) (lb) (Safeway)69c$3.90
Mini salmon (pink meat) (lb) (Safeway)$1.59$9.10
Bel-air frozen waffles 6 x 5oz packs (Safeway)$1$5.70
Colgate Dental Cream 7oz tube (Safeway)88c$5

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.

(2) I have given the price of the cheapest full-sized Ford V8. From 1976, this was the LTD model.

By Steven Braggs August 2025

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Retrowow - vintage, retro and social history

Mid Century facts & figures ★UK ★ USA ★

Retrowow - vintage, retro and social history

Mid Century facts & figures ★UK ★ USA ★