What things cost in 1956
40 items · 1 observed in the public record · 39 inflation-estimated
| Item | In 1956 | Today's money |
|---|---|---|
| Minimum wage, federal / hour | $1.00 | $12.28 |
| Average home sale price / each | $17,467 | $214,448 |
| Bacon / lb | $0.52 | $6.36 |
| Bananas / lb | $0.11 | $1.40 |
| Beans, dried, any type / lb | $0.14 | $1.73 |
| Bread, white / lb | $0.18 | $2.19 |
| Butter, stick / lb | $0.52 | $6.41 |
| Cheddar cheese, natural / lb | $0.90 | $11.10 |
| Chicken breast, boneless / lb | $0.52 | $6.35 |
| Chicken legs, bone-in / lb | $0.38 | $4.65 |
| Chicken, whole / lb | $0.25 | $3.07 |
| Coffee / lb | $1.15 | $14.08 |
| Diesel, all types / gallon | $0.27 | $3.34 |
| Eggs, grade A large / dozen | $0.31 | $3.86 |
| Electricity / kwh | $0.02 | $0.24 |
| Flour, white / lb | $0.07 | $0.88 |
| Fuel oil #2 / gallon | $0.22 | $2.75 |
| Gasoline, regular / gallon | $0.26 | $3.22 |
| Ground beef / lb | $0.38 | $4.69 |
| Ham / lb | $0.69 | $8.43 |
| Ice cream / half gallon | $0.63 | $7.72 |
| Lemons / lb | $0.24 | $2.98 |
| Lettuce, romaine / lb | $0.21 | $2.57 |
| Malt beverages, all types / 16 oz | $0.16 | $2.00 |
| Median home sale price / each | $16,109 | $197,781 |
| Milk, whole / gallon | $0.51 | $6.21 |
| Natural gas / therm | $0.13 | $1.58 |
| Orange juice, frozen concentrate / 16 oz | $0.44 | $5.44 |
| Oranges, navel / lb | $0.12 | $1.49 |
| Potato chips / 16 oz | $0.71 | $8.69 |
| Potatoes, white / lb | $0.06 | $0.74 |
| Rice, white / lb | $0.17 | $2.11 |
| Soft drinks, all / 2 liter | $0.18 | $2.22 |
| Spaghetti and macaroni / lb | $0.22 | $2.66 |
| Steak, sirloin, boneless / lb | $0.96 | $11.78 |
| Strawberries / 12 oz | $0.23 | $2.80 |
| Sugar, white / lb | $0.10 | $1.18 |
| Tomatoes / lb | $0.25 | $3.07 |
| Wine, red and white table / liter | $0.95 | $11.71 |
| Yogurt / 8 oz | $0.13 | $1.64 |