1960s Prices

[LibertyWeeps]

Before Corporate America went full blown psychotic Communist on price gouging.

 

[Darkwind]

Ah yes. The good ole days, before government became so intrusive in every aspect of life and the economy.

Where a buck actually had nearly a buck's value.

 

[CrusaderFrank]

Before Corporate America went full blown psychotic Communist on price gouging.

Only government causes inflation

We had the unnecessary Vietnam War that got 58,000 men killed and took us off of the gold standard.

WE ARE STILL PAYING FOR THE VIETNAM WAR!

 

[Stryder50]

In context, the minimum wage then was $1.00;

The federal minimum wage in 1960 was $1.00 per hour, a rate that had been in effect since March 1, 1956. Adjusted for inflation, that dollar is worth roughly $10.95 in 2026 — meaning a covered worker in 1960 had more purchasing power per hour than someone earning the current federal minimum wage of $7.25. The 1960 rate applied only to workers covered by the Fair Labor Standards Act, and millions of workers at the time fell outside that protection entirely.
...

What Was Minimum Wage in 1960? The $1.00 Rate and Coverage

The federal minimum wage was $1.00 an hour in 1960, but not all workers were covered. Here’s what that rate meant, who earned it, and what it’s worth today.

legalclarity.org

 

[rightwinger]

I used to get an allowance of 25 cents in the 60s
I could get..

Baseball cards for 5 cents
Comic Book for 12 cents
A paper kite for 19 cents
Coke for 10 cents
Cupcakes for 10 cents
Candy bar for 10 cents
Pack of gum for 5 cents

I used to do pretty well with my allowance