What things cost in 1947
40 items · 1 observed in the public record · 39 inflation-estimated
| Item | In 1947 | Today's money |
|---|---|---|
| Minimum wage, federal / hour | $0.40 | $6.07 |
| Average home sale price / each | $12,207 | $185,302 |
| Bacon / lb | $0.44 | $6.62 |
| Bananas / lb | $0.10 | $1.46 |
| Beans, dried, any type / lb | $0.12 | $1.80 |
| Bread, white / lb | $0.15 | $2.28 |
| Butter, stick / lb | $0.44 | $6.66 |
| Cheddar cheese, natural / lb | $0.76 | $11.54 |
| Chicken breast, boneless / lb | $0.43 | $6.60 |
| Chicken legs, bone-in / lb | $0.32 | $4.84 |
| Chicken, whole / lb | $0.21 | $3.19 |
| Coffee / lb | $0.96 | $14.65 |
| Diesel, all types / gallon | $0.20 | $2.96 |
| Eggs, grade A large / dozen | $0.26 | $4.01 |
| Electricity / kwh | $0.01 | $0.21 |
| Flour, white / lb | $0.06 | $0.91 |
| Fuel oil #2 / gallon | $0.16 | $2.44 |
| Gasoline, regular / gallon | $0.19 | $2.86 |
| Ground beef / lb | $0.32 | $4.88 |
| Ham / lb | $0.58 | $8.76 |
| Ice cream / half gallon | $0.53 | $8.03 |
| Lemons / lb | $0.20 | $3.10 |
| Lettuce, romaine / lb | $0.18 | $2.67 |
| Malt beverages, all types / 16 oz | $0.14 | $2.08 |
| Median home sale price / each | $11,259 | $170,900 |
| Milk, whole / gallon | $0.42 | $6.45 |
| Natural gas / therm | $0.09 | $1.40 |
| Orange juice, frozen concentrate / 16 oz | $0.37 | $5.66 |
| Oranges, navel / lb | $0.10 | $1.55 |
| Potato chips / 16 oz | $0.60 | $9.03 |
| Potatoes, white / lb | $0.05 | $0.77 |
| Rice, white / lb | $0.14 | $2.19 |
| Soft drinks, all / 2 liter | $0.15 | $2.31 |
| Spaghetti and macaroni / lb | $0.18 | $2.76 |
| Steak, sirloin, boneless / lb | $0.81 | $12.25 |
| Strawberries / 12 oz | $0.19 | $2.91 |
| Sugar, white / lb | $0.08 | $1.23 |
| Tomatoes / lb | $0.21 | $3.19 |
| Wine, red and white table / liter | $0.80 | $12.18 |
| Yogurt / 8 oz | $0.11 | $1.70 |