What cost $5.62 in 1962 would cost $40.06 in 2010. .
I remember 1964. My father bought a NEW 1964 Chevy Impala for $2000 and was telling me how ridiculous it was that a CORVETTE cost $4000.
Leave the dog in the car! lol!
In 1962 I was a Frosh in college. A 5.00 date had a great return on investment. Of course curfew was 11:00 so I rarely got past 2nd base!
When did the War on Poverty end?
According to the copyright date in the actual video, it’s MCMLVII, or 1957, not 1962.
MCMLVII seems to be 1957 and not 1962. Not sure if that makes much of a difference, but...
In 1961, my parents bought the house where they still live, for $41,000.
If the seller had been paid in silver certificates, and had redeemed each at the bank for 0.77344 ounces of silver (31,711 ounces), the seller would have, today, about $1,272,000 - and after taxes, maintenance, and improvements to the home, would be ahead on the deal by quite a bit.
The local grocery store has both 8-pack and 10-pack granola bars selling for the same price. Halfway to the change over to smaller packages.
That’s 20% inflation right there.