2006-10-29 08:09:06 · 5 answers · asked by Anna J 2 in Business & Finance ➔ Other - Business & Finance
Below is a link to a CPI (Consumer Price Index) convertor. You can enter a year and dollar amount and it will tell you the price today.
If you bought something for $1 USD in 1950 it would cost $8.40 USD today. That would mean that things were roughly 8x cheaper in 1950 than today. In 1955, however, $1 spent would be the equivalent of spending $7.56 today...and in 1959, $6.96.
So when you say "50's" you might need to be more specific.
2006-10-29 08:12:43 · answer #1 · answered by misskate12001 6 · 0⤊ 1⤋
A lot cheaper!! I know in like 1946 college tuiton was less than $100 a qrtr and textbooks were less than $10 and people made like 35 cents an hour....that is just crazy!!
2006-10-29 08:13:08 · answer #2 · answered by jennthack02 2 · 0⤊ 0⤋
you could by a house for about 20 grand. a loaf of bread was 5 cents.
2006-10-29 08:20:00 · answer #3 · answered by Rude dog 4 · 0⤊ 0⤋
A candy bar was 10cents and a movie was a quarter.
2006-10-29 08:11:06 · answer #4 · answered by Isis 7 · 0⤊ 0⤋
zero, the wages were way less then, so cost is relative!
a burger was an hour babysitting-just like now!
2006-10-29 08:12:08 · answer #5 · answered by kat k 5 · 0⤊ 0⤋