What One Dollar Could Buy 1945 -1954
August 18, 2016 8:15am CST
In todays time when a one dollar bill doesn't buy much it makes me wonder just what a dollar bill could buy way back when. Actually what made me wonder was an article on MSN about what one dollar could buy on the year you were born. So, being the curious person that I am, I put together this post using information from that article and from what I learned by perusing the internet. Ok, here goes: 1945 - Four paperback copies of Dale Carnegie's 'How to Win Friends and Influence People' or 10 gallons of gas for just over a dollar. 1946 - A men's flannel shirt or a woman's manicure. 1947 - Eight cans of Heinz Cream of Tomato Soup or a man's sweat shirt. 1948 - Five boxes of Kellogg’s corn flakes or twenty-four grapefruit. 1949 - Seven loaves of bread or 6 dozen donuts. 1950 - Four pounds of frozen green beans or 2 pounds of American Cheese. 1951 - One package of 25 thrift Christmas cards or two bottles of aspirin. 1952 - A little under three pounds of coffee or Hunts Fruit Cocktail. 1953 - 24 pounds of potatoes or Pork and Beans. 1954 - One pound of T-bone steak, two dozen eggs or four pounds Sunnyfield sliced bacon. Once I started researching and writing this it began to become a longer post so, I decided to keep it to wo years. If you would like me to do more years let me know in the comments. I found it fascinating the difference between how much a dollar could buy then and how much it buys now. Don't you find it amazing?
13 people like this
• United States
18 Aug 16
Certainly the value of a dollar has fallen as more and more people have come around. I would love to make the value go up by slowly eliminating the various need for money. That's the only way to do it with populations increasing. Back in the 80s $1 could buy 20 little candy suckers or 100 pieces of penny candy. A penny still had value in my youth. Today it's just something that's there. I would love to see it have value again.
• United States
19 Aug 16
@HazySue i reckon that depends'n the thingie? groceries 're ridiculous, but most're imported fer whate'er reason. that "supply 'n demand" 'tis what keeps the prices 'f all jacked so high. if'n folks quit buyin'n large 'nough sectors, such nonsense'd stop. alas, they'll not do such.
• Los Angeles, California
18 Aug 16
And a postage stamp was a couple cents and a quarter got you into a movie. You did indeed get more bang for your buck but to put things into perspective income and wages were far less than today though today nowhere keeps up with inflation and corporate greed.