Using the first inflation calculator I found on google, $1 in 1955 is about the same as 7.66 in today's money.
Adjusting those prices for inflation:
week's groceries for $153
It won't be long before $15, 000.00 will only buy a used one.
$1.19 a pack is ridiculous.
76c just to mail a letter
at 7.66 nobody will be able to hire outside help at the store.
2.22 a gallon. Guess we'd be better off leaving the car in the garage.
574,500 a year just to play ball?
'Thank goodness I won't live to see the day when the Government takes half our income in taxes. I sometimes wonder if we are electing the best people to congress. in 1955 the top tax rate was 91%, it was lowered to 70% in 1964, then again to 50% in 1981, and again to 28% in '86.. Someone in 1955 had to HOPE to live long enough to see it drop BELOW 50%
$115 a night to stay in a hotel..
$268.1 a day in the hospital it's too rich for my blood.'
$4 for a hair cut, forget it.'
Adjusting those prices for inflation:
week's groceries for $153
It won't be long before $15, 000.00 will only buy a used one.
$1.19 a pack is ridiculous.
76c just to mail a letter
at 7.66 nobody will be able to hire outside help at the store.
2.22 a gallon. Guess we'd be better off leaving the car in the garage.
574,500 a year just to play ball?
'Thank goodness I won't live to see the day when the Government takes half our income in taxes. I sometimes wonder if we are electing the best people to congress. in 1955 the top tax rate was 91%, it was lowered to 70% in 1964, then again to 50% in 1981, and again to 28% in '86.. Someone in 1955 had to HOPE to live long enough to see it drop BELOW 50%
$115 a night to stay in a hotel..
$268.1 a day in the hospital it's too rich for my blood.'
$4 for a hair cut, forget it.'
