Grandpa sez:
I used to take two dollars to the store and come back with a loaf of bread, baking potatoes, salad makings, and steaks for dinner.
But now they got all those darned cameras in the store.
Just for fun, I figured out apples to apples comparison for food prices between 1960 and today.
Took median family income, divided by 2000 hours per year to get median hourly income, then figured number of minutes needed to pay for several different items in 1960 and 2014.
Median income 1960: $6600 = $3.30 /hour
Median income 2014: $30,000 = $15.00 / hour
Gallon of milk: 1960 – 19 minutes; 2014 – 16 minutes
Dozen eggs: 1960 – 10 minutes; 2014 – 8 minutes
Pound sirloin steak: 1960 – 17 minutes; 2014 – 28 minutes
Pound pork chops: 1960 - 20 minutes; 2014 - 15 minutes
Pound chicken: 1960 - 6 minutes; 2014 - 6 minutes
Gallon gasoline: 1960 – 6 minutes: 2013 – 15 minutes
BTW, I’m perfectly well aware it’s difficult to compare prices from one era to another. I think this one is as defensible as any, certainly more so than the bizarre inflation calculators on the web.
In 1965, in San Jose, California, at McDonalds, I got a hamburger, fries and a Coke for $0.18.
Anyway....