What things cost in 1971
41 items · 4 observed in the public record · 37 inflation-estimated
| Item | In 1971 | Today's money |
|---|---|---|
| Average home sale price / each | $28,600 | $238,180 |
| Average hourly earnings, private / hour | $3.62 | $29.78 |
| Median home sale price / each | $25,800 | $214,862 |
| Minimum wage, federal / hour | $1.60 | $13.16 |
| Bacon / lb | $0.71 | $5.82 |
| Bananas / lb | $0.16 | $1.28 |
| Beans, dried, any type / lb | $0.19 | $1.58 |
| Bread, white / lb | $0.24 | $2.01 |
| Butter, stick / lb | $0.71 | $5.86 |
| Cheddar cheese, natural / lb | $1.23 | $10.14 |
| Chicken breast, boneless / lb | $0.71 | $5.80 |
| Chicken legs, bone-in / lb | $0.52 | $4.25 |
| Chicken, whole / lb | $0.34 | $2.81 |
| Coffee / lb | $1.57 | $12.87 |
| Diesel, all types / gallon | $0.33 | $2.73 |
| Eggs, grade A large / dozen | $0.43 | $3.53 |
| Electricity / kwh | $0.02 | $0.19 |
| Flour, white / lb | $0.10 | $0.80 |
| Fuel oil #2 / gallon | $0.27 | $2.24 |
| Gasoline, regular / gallon | $0.32 | $2.63 |
| Ground beef / lb | $0.52 | $4.29 |
| Ham / lb | $0.94 | $7.70 |
| Ice cream / half gallon | $0.86 | $7.06 |
| Lemons / lb | $0.33 | $2.73 |
| Lettuce, romaine / lb | $0.29 | $2.35 |
| Malt beverages, all types / 16 oz | $0.22 | $1.83 |
| Milk, whole / gallon | $0.69 | $5.67 |
| Natural gas / therm | $0.16 | $1.29 |
| Orange juice, frozen concentrate / 16 oz | $0.60 | $4.97 |
| Oranges, navel / lb | $0.17 | $1.36 |
| Potato chips / 16 oz | $0.97 | $7.94 |
| Potatoes, white / lb | $0.08 | $0.67 |
| Rice, white / lb | $0.23 | $1.92 |
| Soft drinks, all / 2 liter | $0.25 | $2.03 |
| Spaghetti and macaroni / lb | $0.30 | $2.43 |
| Steak, sirloin, boneless / lb | $1.31 | $10.76 |
| Strawberries / 12 oz | $0.31 | $2.56 |
| Sugar, white / lb | $0.13 | $1.08 |
| Tomatoes / lb | $0.34 | $2.81 |
| Wine, red and white table / liter | $1.30 | $10.70 |
| Yogurt / 8 oz | $0.18 | $1.50 |