Tuesday, February 28, 2012

Cheap Cheap ... CHEAP?!



Wouldn’t it be nice to have those prices again?!?!
Over the years the cost of living went up due to the women getting jobs over the years. Now you’re asking why? Well, to answer that question is simple. There were two incomes coming from one household so the price industry decided, “Hey.. Lets raise prices since more people are working and we could get more money.” As of today, it was a bad idea since most of us are completely broke, even though in the 1950’s prices were cheaper. People did not have the average $7.25 an hour for their minimum wage was $0.75 per hour! See where this is going? It might seem cheap to us but, to them it was not.

Average estimate of price change between the 1950s thru 2000s
Items              1950’s   2000’s
Price of milk           $0.44         $2.79-$3.41
Gallon of gas           $0.18         $2.51-$5.00 (varies)
Loaf of bread          $0.12          $2.79
Dozen of eggs         $0.67          $1.25
Miracle Whip            $0.55         $3.00-$4.00
Tooth paste              $0.29         $3.00
Newspaper             $0.05         $1.00-$3.00
Malted Shake          $0.25         $3.99

2 comments:

  1. Where did you find this old menu? I remember when I was a kid we would go to Woolworths all the time. It's sad to think how many great businesses have closed.

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  2. I actually found it on google!! Where was the restaurant?!?!? But yes, Indeed. I mean I’ve been to a few 50’s theme diners I love them! i wish there were more around or actually the original ones.

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