# Question: What Would A Dollar Buy In 1960?

## What was a lot of money in the 1960s?

Adjusted for inflation, \$10.00 in 1960 is equal to \$87.41 in 2020.

Annual inflation over this period was 3.68%….Value of a dollar.YearEquivalent1962\$10.201961\$10.141960\$10.001959\$9.83103 more rows.

## How much would a dollar in 1970 be worth today?

In other words, \$1 in 1970 is equivalent in purchasing power to about \$6.68 in 2020, a difference of \$5.68 over 50 years. The 1970 inflation rate was 5.72%.

## How much did a loaf of bread cost in 1960?

In 1960, a loaf of white bread cost 20 cents and today about \$2.25 (though the range can be great). The inflated cost of bread should be only about \$1.58, so it’s no bargain today.

## What was dollar worth in 1960?

In other words, \$1 in 1960 is equivalent in purchasing power to about \$8.75 in 2020, a difference of \$7.75 over 60 years. The 1960 inflation rate was 1.72%. The current year-over-year inflation rate (2019 to 2020) is now 0.99% 1. If this number holds, \$1 today will be equivalent in buying power to \$1.01 next year.

## How much did a pizza cost in 1960?

In 1960, the fare was 15 cents. That was what a slice of pizza cost, too.

## How much did a dozen eggs cost in 1960?

Twenty-five years later, in 1960, average personal income was \$1,672 per year. Milk cost 24 cents per quart and it cost 55 cents to purchase a dozen eggs. That can of tomatoes cost 27 cents.

## How much was 100 in the 60s?

Adjusted for inflation, \$100.00 in 1960 is equal to \$874.06 in 2020. Annual inflation over this period was 3.68%.

## How much did rent cost in 1960?

In the 1960s, rents averaged about \$200, but one could still find a lot of housing for \$100 or less. On East 92nd Street, a three-and-a-half room apartment was going for \$95 in October 1960, while the following year, you could get an air-conditioned studio with a fireplace in the West Village for \$110.

## How much was \$100 in the 70s?

In other words, \$100 in 1970 is equivalent in purchasing power to about \$618.57 in 2016, a difference of \$518.57 over 46 years….Value of \$100 from 1970 to 2016.Cumulative price change518.57%Average inflation rate4.04%Converted amount (\$100 base)\$618.57Price difference (\$100 base)\$518.57CPI in 197038.8003 more rows

## How much was \$20 dollars worth in 1970?

In other words, \$20 in 1970 is equivalent in purchasing power to about \$133.56 in 2020, a difference of \$113.56 over 50 years. The 1970 inflation rate was 5.72%.

## How much was 5 dollars worth in the 70s?

Value of \$5 from 1970 to 2020Cumulative price change567.79%Price difference (\$5 base)\$28.39CPI in 197038.800CPI in 2020259.101Inflation in 19705.72%3 more rows

## How much was a million dollars worth in 1960?

One million dollars in 1960 — around the time when having \$1 million took hold in the popular imagination as a symbol of ultimate wealth — had the buying power of approximately \$8 million dollars today.