Travel
In 1955, about how much did a gallon of gasoline cost?
A. 29¢
B. 79¢
C. $1.29
Answer: A — 29¢
About how much did a dozen eggs cost in the mid-1950s?
A. 25¢
B. 60¢
C. $1.10
Answer: B — about 60¢
About how much did a movie ticket cost in 1955?
A. 25¢
B. 73¢
C. $1.50
Answer: B — about 73¢
How much was a first-class postage stamp in 1955?
A. 2¢
B. 3¢
C. 5¢
Answer: B — 3¢
1. About how much did a man's haircut cost in 1955?
A. $1.42
B. $3.75
C. $6.00
Answer: A — about $1.42
About how much did a round-trip domestic plane ticket cost in 1960?
A. $25
B. $125
C. $35
Answer: B — about $125
About how much did a loaf of white bread cost in the mid-1950s?
A. 18¢
B. 42¢
C. 75¢
Answer: A — about 18¢
In the 1950s, about how much did a record album typically cost?
A. $1
B. $4
C. $8
Answer: B — about $4
1. About how much did a telephone cost in the 1950s?
A. $5
B. $25
C. $75
Answer: B — around $25
Which of these could you buy for LESS THAN $2 in the 1950s?
A. A gallon of gas
B. A man's haircut
C. A movie ticket
D. All three!
Answer: D — All three!
About how much did a one-way city bus ride cost in the 1950s?
A. 5¢
B. 15¢
C. 35¢
Answer: B — about 15¢
About how much did a 5-pound bag of flour cost in the mid-1950s?
A. 25¢
B. 50¢
C. $1.25
Answer: B — about 50¢
About how much did a basic record player cost in the 1950s?
A. $5
B. $25
C. $75
Answer: B — around $25
11. What did it cost to send a postcard in 1950?
A. 1¢
B. 2¢
C. 5¢
Answer: B — 2¢
Taking inflation into account, what does $1 in 1955 translate to in today's money?
$1 in 1955 carries the same purchasing power as roughly $12.50 today
About how much did a bicycle cost in the 1950s?
A. $5
B. $30
C. $75
Answer: B — about $30
4. About how much did a gallon of milk cost in 1960?
A. 49¢
B. 79¢
C. $1.19
Answer: A — about 49¢
About how much did a concert ticket cost in the 1950s?
A. 50¢
B. $2
C. $10
Answer: B — about $2
About how much did a 3-minute international phone call cost in the mid-1950s?
A. 50¢
B. $3
C. $12
Answer: C — about $12
This means prices have increased by about what percantage over the past 70 years?
1,150%