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1960's Cost of Living
Transcript of 1960's Cost of Living
passed to encourage people to
spend money and have confidence
in the government. The inflation in the 60's was about 1.46%. What's the difference? Stocks $1 in the 1960s equals about $7.39 now! The graph starts at 1961 on
the x-axis and ends at 2012. Looking at the positive correlation, we can see that stocks and owning part of a company is a more common occurrence now than in the 60's. 1960s Cost of Living Average Prices By: Sophie Yungblut, Leah Grabowski, Katelyn Bard, Jacob Fries and Sam Priede "1960s Flashback-Economy / PricesÂ Â Â Â ." 1960s Flashback-Economy / PricesÂ Â Â Â . Trader's Edge LLC - Internet Development & Web Hosting, 2011. Web. 12 Sept. 2012. <http://www.1960sflashback.com/1960/economy.asp>.
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"Flashback 1960!" Flashback 1960! N.p., 2012. Web. 12 Sept. 2012. <http://www.348-409.com/1960flash.html>.
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"Morris County NJ Historic Price Survey 1900-2000." Morris County NJ Historic Price Survey 1900-2000. Morris County Library, 10 Dec. 2010. Web. 12 Sept. 2012. <http://www.gti.net/mocolib1/prices/1960.html>.
"S&P 500 Index (1960 - Present Weekly)." S&P 500 Index (1960 - Present Weekly) - Charting Tools - StockCharts.com. N.p., 1999. Web. 12 Sept. 2012. <http://stockcharts.com/freecharts/historical/spx1960.html>. Bibliography -gallon of milk $0.49
-dozen of eggs $0.57
-loaf of bread $0.20
-fresh carrots $0.09
-chicken $0.29 per pound
-potatoes $0.39 for 10 pounds
-apples $0.49 for 3 pounds
-soap $0.25 for 4 bars
-toilet paper $0.25 for 2 rolls
-vacuum cleaner- $40
-laundry detergent $0.32