How Many Babies Are Born Worldwide in a Year
What $one Could Buy the Year You Were Born
See how aggrandizement has worn downwards the dollar over the years
In 2022, $1 tin't purchase that much in terms of goods and services. Nevertheless, you might be surprised at how much $ane could purchase in the past. Remember when $1 could buy six Hershey'due south chocolate bars? If y'all were alive in 1973, yous might. What's the price of 3 gallons of gas today in your neighborhood? Eight dollars? Ten? In 1966, those three gallons were less than $1.
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While these examples are fun to wait at, they're also an important representation of the devastating ability of inflation. Over time, inflation reduces the purchasing ability of a dollar, as exemplified by these various items. Ten or 20 years from at present, y'all may expect back yet again and be amazed at how "inexpensive" things were in 2022, as aggrandizement volition no dubiety have driven prices higher even so in the future.
To see how much $1 could take purchased in the twelvemonth you were built-in, GOBankingRates took a sample of prices from 1940 to 2021. For each yr, you'll encounter an example of a common skilful or service that toll about $1. The list is not only interesting but also educational, as it points out in blackness and white how the purchasing power of $i declines over time. Check out your birth year and you may get a chuckle out of what $1 could buy in that year.
1940-1944
- 1940:School bag, $0.98
- 1941: ii-gallon aquarium, $0.98
- 1942:Women's dress, $1.00
- 1943:Bag, $1.00
- 1944: 3-slice toy set (doll, Klik-Klak and teether), $i.05
1945-1949
- 1945:B-29 Boeing Super Fortress Bomber model kit, $0.95
- 1946:ii RCA Victor records, $0.89
- 1947:Apple tree, $0.98
- 1948:Men'southward belt, $0.94
- 1949:Boy's cotton shirt, $0.97
1950-1954
- 1950:Throw pillow, $0.80
- 1951:Baseball cap, $0.95
- 1952: 1 block pan & 6 custard cups, $one.05
- 1953: 1 quart of paint, $0.98
- 1954: 4-piece screwdriver set, $0.98
1955-1959
- 1955: two McDonald'due south meals (1 burger, fries and soda), $0.70
- 1956:Hair spray, $1.05
- 1957:Babe gown, $0.87
- 1958:Bath towel, $0.91
- 1959:Pitcher, $0.91
1960-1964
- 1960: Tights/nylons, $0.94
- 1961:2 Sunday New York Times, $ane.00
- 1962: 1 yard of material, $0.94
- 1963:Movie ticket, $0.86
- 1964:ii,000 cigarette papers, $0.97
1965-1969
- 1965: Rifle carrying example, $0.88
- 1966: 3 gallons of gas, $0.96
- 1967: 2 Big Macs, $0.90
- 1968:Baby coating, $ane.00
- 1969:Set of greeting cards, $0.99
1970-1974
- 1970:2 pillowcases, $0.88
- 1971:Rake, $i.09
- 1972:Wrench, $0.98
- 1973:half-dozen Hershey'due south bars, $0.xc
- 1974:Barbie outfit, $0.77
1975-1979
- 1975:50 vitamins, $one.00
- 1976:Genu socks, $0.99
- 1977:Skein of yarn, $0.97
- 1978: 6 first-course postage stamp stamps, $0.xc
- 1979:8 guitar picks, $0.98
1980-1984
- 1980:1/2 gallon milk, $ane.02
- 1981:1 dozen eggs, $0.97
- 1982:Pack of cigarettes, $0.82
- 1983: 2 D batteries, $0.99
- 1984:1 pound of grapes, $0.99
1985-1989
- 1985: California Lottery ticket, $ane
- 1986:3 shots of bourbon, $0.97
- 1987:two bags of gift wrapping bows, $1
- 1988:4 packs of gum, $ane
- 1989:1 gallon of gas, $1
1990-1994
- 1990: ane share of Microsoft, $0.94
- 1991: 1 share of Disney, $1
- 1992: 1/2 pound bacon, $0.93
- 1993:4 vending machine toys/gumballs, $one
- 1994:ane/2 pocketbook of white potato chips, $i
1995-1999
- 1995: Ballpoint pen ink refill, $1
- 1996: ane/ii pound chicken breast, $0.96
- 1997:Dice-bandage Nascar model, $1.33
- 1998: 2 liters cola, $0.98
- 1999:11 green Lego bricks, $0.98
2000-2004
- 2000: Loaf of bread, $0.99
- 2001:Postage for three messages, $1.02
- 2002:Taco Bell bean burrito, $0.69
- 2003: Ticket to Blink-182'southward DollaBill Tour, $1
- 2004: 1 share of Apple, $0.94
2005-2009
- 2005: 10 KWHs electricity, $1
- 2006:2 pounds bananas, $0.96
- 2007:iTunes runway, $0.99
- 2008: Slice of New York pizza, $1
- 2009:1/2 a weekday New York Times, $1
2010-2014
- 2010: 1/3 gallon of gas, $0.93
- 2011:1/three pound footing beef, $i
- 2012: Fitness app, $0.99
- 2013:i pound of navel oranges, $1
- 2014: 1 machine air freshener, $1
2015-2019
- 2015:50GB of storage (iCloud), $0.99
- 2016:Shot of whiskey, $0.99
- 2017:Makeup castor set up, $0.89
- 2018:A dozen Krispy Kreme donuts, $1
- 2019:4 dry out erase markers, $1
2020-2021
Source: https://www.gobankingrates.com/money/economy/dollar-could-buy-year-were-born/
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