Come with me today as we take a trip back to April 25, 1972. Where were you? What were you doing back then? I was in my second year of college and working at a part time job in a supermarket.
Here's a look at some interesting statistics and costs back then. Don't be too shocked!
Cost of Living 1972
How Much things cost in 1972 Yearly Inflation Rate USA 3.27% Yearly Inflation Rate UK 6.4% Year End Close Dow Jones Industrial Average 1020 Average Cost of new house $27,550.00 Average Income per year $11,800.00 Average Monthly Rent $165.00 Cost of a gallon of Gas 55 cents Roxanne Ladies Swimsuit $30.00 Kodak Pocket $28.00 Wrangler Jeans $12.00 ladies Timex WatchFrom $30.00 --Below are some Prices for UK guides in Pounds Sterling Average House Price 7,374 Gallon of Petrol 0.35 A few More Examples Ford Pinto $2,078 Barbie Doll Designer Collection From $2.85 Frisbee 94 cents Ladies Stylish Over the Knee Boot $22.97 Ladies Deirdra Wig $20.00 Ladies Front Slit Dress $18.00 Classic Cook Center $474.95 White Contemporary Dinette Set $282.95 Hellmanns Mayonnaise $1.39 Fresh Strawberries Lb 31 cents Ground Beef Lb 98 cents Fruit Cocktail Can 20 cents
Split Level Home on Hill Top living room , dining room , 3 bedrooms , cathedral ceilings , 3 baths central air and double garage Iowa City $32,400