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What did a dollar buy in 1960?


  1. What did a dollar buy in 1960?
  2. How much did food cost in the 1960s?
  3. How much did a used car cost in 1960?

What did a dollar buy in 1960?

Value of $1 from 1960 to 2022 $1 in 1960 is equivalent in purchasing power to about $9.39 today, an increase of $8.39 over 62 years. The dollar had an average inflation rate of 3.68% per year between 1960 and today, producing a cumulative price increase of 839.01%. The inflation rate in 1960 was 1.72%.

How much did food cost in the 1960s?

Cars: In 1960, the average cost of a new car was approximately $2,600, while today it's above $30,000. Groceries: The price of chicken was around $. 29 per pound in the 1960s and costs approximately $1.54 per pound today.

How much did a used car cost in 1960?

Buying power of $15,000.00 since 1960YearUSD ValueInflation Rate1960$15,000.00-1.31%1961$14,997.76-0.01%1962$14,941.76-0.37%1963$14,847.67-0.63%



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