How much did things cost in 1963 - USA?

Prices have risen considerably since 1963. This table gives you an idea of how prices have changed since 1963.

Many things were much cheaper: houses, cars, posting a letter and cigarettes.

These are some prices of items in 1963.

1963 priceInflation adjusted
Average house price (1)$18,000$166,000
Gallon of gas30c$2.80
Ford Fairlane V8 Fordor Sedan$2,319$21,000
RCA Victor 23" television $239$2,200
RCA Victor portable transistor radio $14.95$140
6-transistor pocket radio$5.37$49
20 cigarettes (average price) (2)30c$2.80
Posting a letter (from 7 January)5c46c
Newspaper: The New York Times10c92c
Hamburger at McDonald's15c$1.40
Papermate Capri MkIV ballpoint pen$2.95$28
Flour (5lb)57c$5.30
Bread (per lb)22c$2.00
Road steak (lb)$1.06$9.80
Chuck roast (lb)60c$5.50
Pork chops (lb)88c$8.10
Bacon (lb)68c$6.30
Butter (lb)75c$6.90
Eggs (dozen)55c$5.10
Milk (½ gallon)52c$4.80
Oranges (dozen)90c$8.30
Potatoes (10lb)65c$6.00
Canned tomatoes (No. 303 can)16c$1.50
Navy beans (lb)18c$1.70
Coffee (lb)69c$6.30
Margarine (lb)28c$2.60
Sugar (5lb)68c$6.30

References

(1) 'Average Price of Home', published in the New York Times Mar 15, 1964, page R4

(2) 'Agricultural Statistics 1966', published by the US Department of Agriculture 1966, page 112

By Steven Braggs, November 2023

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