Over the years, prices have skyrocketed to well
beyond what they were 50 years ago. Here are some of the comparisons from then
to now. Gas in the 1960s was only $0.31 per gallon, now it ranges from $3 to $5
per gallon. The next product is milk; it was $0.49 and is now a staggering
$4.00 per gallon. A car now can cost from $5,000 to $100,000, back then they
were between $2,000 and $5,000. In the 1960s, a new house could cost from
$10,000 to $20,000, but now it can cost from $50,000 to $300,000 and on up. The
delicious frozen treat, ice cream, was $0.79 per half gallon and is now between
$2 and $7. One more is a wonderful summer snack, watermelon; you can get it at most
stores for $0.39 to $0.69 cents per pound and in the 1960s you could get it for
$0.02 and $0.03 per pound. Finally, there is the great salad topper,
cheese. It was $0.39 per pound and now
it is $5 to $10 or more. Now you know how much the prices of common things have
changed!
By Abby Fairchild and Danica Kostner
