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 price | Inflation adjusted | |
---|---|---|
Median family house price (1) | $10,140 | $110,000 |
Gallon of gas | 27c | $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 letter | 3c | 31c |
Newspaper: The New York Times | 5c | 52c |
Hamburger at McDonald's | 15c | $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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