Cost+of+Living+(1940s-1950s)

1940s
If you have $100 from 1940 to 2005 it would be equivelent to $1,433.77 today. In 1940 the cost of a new house would cost on average $3,920.00, and by the end of the decade it cost about $7,450.00. In 1949 the average income per year was $2,950.00.

__Everyday Items__ By the end of 1940s a gallon of gas was $0.17 A pound of pork loin costs $0.45 per pound Tide Soap Powder $0.36 Pork and Beans $0.25 for 2 cans Loaf of Bread $0.13 Large White Eggs __Electronics__ An Emerson bedroom radio cost $19.65 __Clothing__ Men's suits were $24.50 __Furniture__ A Maple Vanity with Mirror full veneered was $49.95 Living room set costs $219.00 High Chair would have cost you $7.98 A Sealy Matress was $38.00

1950's
New house in 1950s $8,450.00 and by 1959 it was $12,400.00 In 1950 Average income per year was $3,210.00 and by 1959 $5,010.00 __Cars/Neccessities__ Chevrolet Corvette $3,631 Men's All Wool Suit $28.90 Electric Shaver $28.50 Rib Roast $.29 per pound Rollaway Beds $14.95 Ring 1 carat Diamond $399.00