In New York City in 1964, the rent for a two-bedroom apartment in a downtown neighborhood would have run about $250 per month, a two-way subway ticket was 15-cents and a gallon of milk was 93-cents. In contrast, those same items would cost approximately $4,500 per month, $2.50 for a one-way ride and $3.90 per gallon in 2014.Know More
The minimum wage in 1964 was $1.15 per hour and the average annual income about $6,000. A gallon of gas was 25-cents. The basic cost of living increased roughly 18 times in the 50 year period between 1964 and 2014. The price of other common items reflects the standard of living of the times.
Larger purchases are also good indicators of the overall standard of living. The average house cost $13,050 and the average rent was $115 per month. The yearly inflation rate was 1.28 percent in the U.S., contrasted by the U.K. at 3.5 percent. The Dow Jones Industrial Average closed that year at 874.Learn more about US History
The cost of jeans was approximately $2.49 in 1950, which is considerably less then what people spend today. Jeans were originally designed for miners and farmers, but by the 1950s, they were becoming increasingly popular among teenagers.Full Answer >
As of April 2015, prices for a four-bedroom apartment or house in Silicon Valley range from around $3,500 to over $10,000 a month. This variation mainly results from the desirability of certain locations, but property facilities and improvements also affect the rental price.Full Answer >
As of 2015, renting a PODS storage unit costs anywhere between $100 to $200 per month, depending on the size of the unit. PODS come in 7-foot, 12-foot and 16-foot units.Full Answer >
The Norfolk, Nebraska, YMCA charges $30.75 per month for adult membership as of February 2015; rates for YMCA gym memberships vary by location. Children between the ages of 1 and 11 can get a membership for $14.25 per month in Norfolk.Full Answer >