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The Chip Board Archive 22

Interesting cost of living chart for 1974

Cost of Living 1974
How Much things cost in 1974
Yearly Inflation Rate USA 11.3%
Yearly Inflation Rate UK 17.2%
Year End Close Dow Jones Industrial Average 616
Average Cost of new house $34,900.00
Average Income per year $13,900.00
Average Monthly Rent $185.00
Cost of a gallon of Gas 55 cents
Average cost new car$3,750.00
Samsonite Case $62.00

Messages In This Thread

Hotrod of the day for 3-30-12
Wow! I didnt know they made one of these
Yes, sometimes called a Luxury...
If you can afford the car, you can afford the gas
And Gas was what, about 19ยข a Gallon then?
Maybe ... but what was the hourly wage back then?
Answer; $2 an hour minimum wage
Interesting cost of living chart for 1974
grin NCR ~ My one and a half cents
True, they didn't make many of them
That is a cruising vessel!!!

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