How much did things cost in 1953 - USA?

Prices have risen considerably since 1953. This table gives you an idea of how prices have changed since 1953.

These are some prices of items in 1953.

1953 priceInflation adjusted
Median family house price (1)$10,140$110,000
Gallon of gas27c$2.80
Chevrolet Bel Air car$1,885$20,000
Ford Mainline Fordor Sedan$1,783$19,000
Average used car selling price (2)$920$9,600
Du Mont 15" television $127.5$1,300
Westinghouse 21" console television$315$3,300
20 cigarettes (average price) (3)22c$2.30
Posting a letter3c31c
Newspaper: The New York Times5c52c
Hamburger at McDonald's15c$1.60
Flour (5lb)52c$5.40
Bread (per lb)16c$1.70
Road steak (lb)92c$9.60
Chuck roast (lb)53c$5.50
Pork chops (lb)83c$8.60
Bacon (lb)79c$8.20
Butter (lb)79c$8.20
Eggs (dozen)70c$7.30
Milk (½ gallon)47c$4.90
Oranges (dozen)49c$5.10
Potatoes (10lb)54c$5.60
Canned tomatoes (No. 303 can)15c$1.60
Navy beans (lb)17c$1.80
Coffee (lb)89c$9.30
Margarine (lb)29c$3
Sugar (5lb)53c$5.50

References

(1) Median family home price from "22nd Annual Report of the Federal Housing Administration", 1955 page 107

(2) 'Automobile Facts and Figures' published by the Automobile Manufacturers Association, 1956, page 17

(3) 'Annual Report on Tobacco Statistics, 1959', published by the US Department of Agriculture, Agricultural Marketing Service, page 50

(*) Median new build house price over ten metropolitan areas

(**) 'Automobile Facts and Figures' published by the Automobile Manufacturers Association, 1956, page 17

By Steven Braggs, July 2023, updated July 2023

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