What things cost in 1962
40 items · 1 observed in the public record · 39 inflation-estimated
| Item | In 1962 | Today's money |
|---|---|---|
| Minimum wage, federal / hour | $1.15 | $12.72 |
| Average home sale price / each | $19,155 | $211,819 |
| Bacon / lb | $0.55 | $6.05 |
| Bananas / lb | $0.12 | $1.34 |
| Beans, dried, any type / lb | $0.15 | $1.64 |
| Bread, white / lb | $0.19 | $2.09 |
| Butter, stick / lb | $0.55 | $6.10 |
| Cheddar cheese, natural / lb | $0.95 | $10.56 |
| Chicken breast, boneless / lb | $0.55 | $6.04 |
| Chicken legs, bone-in / lb | $0.40 | $4.43 |
| Chicken, whole / lb | $0.26 | $2.92 |
| Coffee / lb | $1.21 | $13.40 |
| Diesel, all types / gallon | $0.29 | $3.19 |
| Eggs, grade A large / dozen | $0.33 | $3.67 |
| Electricity / kwh | $0.02 | $0.23 |
| Flour, white / lb | $0.08 | $0.83 |
| Fuel oil #2 / gallon | $0.24 | $2.63 |
| Gasoline, regular / gallon | $0.28 | $3.08 |
| Ground beef / lb | $0.40 | $4.47 |
| Ham / lb | $0.72 | $8.02 |
| Ice cream / half gallon | $0.66 | $7.35 |
| Lemons / lb | $0.26 | $2.84 |
| Lettuce, romaine / lb | $0.22 | $2.44 |
| Malt beverages, all types / 16 oz | $0.17 | $1.90 |
| Median home sale price / each | $17,667 | $195,356 |
| Milk, whole / gallon | $0.53 | $5.90 |
| Natural gas / therm | $0.14 | $1.51 |
| Orange juice, frozen concentrate / 16 oz | $0.47 | $5.18 |
| Oranges, navel / lb | $0.13 | $1.42 |
| Potato chips / 16 oz | $0.75 | $8.27 |
| Potatoes, white / lb | $0.06 | $0.70 |
| Rice, white / lb | $0.18 | $2.00 |
| Soft drinks, all / 2 liter | $0.19 | $2.12 |
| Spaghetti and macaroni / lb | $0.23 | $2.53 |
| Steak, sirloin, boneless / lb | $1.01 | $11.21 |
| Strawberries / 12 oz | $0.24 | $2.66 |
| Sugar, white / lb | $0.10 | $1.13 |
| Tomatoes / lb | $0.26 | $2.92 |
| Wine, red and white table / liter | $1.01 | $11.14 |
| Yogurt / 8 oz | $0.14 | $1.56 |