Q:

How much did things cost in 1952?

A:

Quick Answer

While costs in 1952 would have varied depending on location, the average cost of a home was $9,050, a gallon of gas was 20 cents, the average price of a new car was $1,700, the average rent per month was $80 and a pound of hamburger cost about 53 cents. The People History offers these average costs for these mainstream items in USD.

Know More
How much did things cost in 1952?
Credit: Tom Kelley Archive Retrofile Getty Images

Full Answer

The People History states that the average wage in 1952 was $3,400. By 1952, about three in five houses owned a car, two in three owned a telephone and one in three owned a television. Multpl.com notes that the Gross Domestic Product for the United States in December 1952 was $2.53 trillion compared to $15.99 trillion in June 2014.

There were a few major inventions during the year 1952, including the microwave oven. According to Baby Boomers, the first microwave oven was about the size of a refrigerator and cost over $1,200.00. Other inventions included the polio vaccine and the first contraceptive pill. The People History records the development of the world's first passenger jet, The Comet, as well as the first hydrogen bomb, code named "Mike". A smaller invention in 1952 was the installation of the first "Don't Walk" sign in New York City.

Learn more about US History

Related Questions

  • Q:

    What is the cost of neck lift surgery?

    A:

    In 2013, the average cost of a neck lift was $4,102, according to the American Society of Plastic Surgeons. Anesthesia and operating room charges were additional. Price varied by geographic location, the surgeon's experience level and the specific methods used.

    Full Answer >
    Filed Under:
  • Q:

    How much does a neck lift cost?

    A:

    As of 2013, the average cost of a neck lift was $4,012, according to the American Society of Plastic Surgeons. This fee does not include anesthesia fees, the costs of the operating room and surgical supplies, pre-surgery testing fees, or the surgeon's fee for performing the procedure.

    Full Answer >
    Filed Under:
  • Q:

    What is an average cost for the Lifestyle Lift procedure?

    A:

    The average cost of the Lifestyle Lift procedure was $6,420, according to Allure Magazine. However, as of March 2015, Lifestyle Lift is no longer available due to the company possibly filing for bankruptcy, states Dow Jones.

    Full Answer >
    Filed Under:
  • Q:

    How much did jeans cost in 1950?

    A:

    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 >
    Filed Under:

Explore