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1970s Prices

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Looking back at the 1970s, it often seems that times were simpler then.

No one was tethered to a cell phone or computer and kids still went outside to play after school.

Prices, of course, were a lot lower in the 1970s as well, thanks to a lower cost of living.

Of course, everything is relative, as they say. Individuals made a lot less at their jobs so, therefore, things cost less.

Nevertheless, it’s fun to look back at days gone by and marvel at the cost of things like homes, cars, and common household items as well as college tuitions and other major expenses.

Peruse the figures below for a sampling of typical 1970s prices.

All are approximates / averages and many varied by brand, etc.

Average 1970s home price – approximately $27,000 (prices went up through the 1970s)

Annual tuition/room and board at a state university - $400- $1200 per year

First Class stamp – 6 cents

Food / Toiletries

Large eggs – 59 cents per dozen

Milk – 62 cents per gallon

Potatoes – 99 cents for 10 lbs.

Butter - $1.33 per pound

Bacon – 80 cents per pound

Sirloin Steak - $1.19 per pound

Loaf of bread – 25 cents

Ketchup – 19 cents

Sugar – 39 cents for 5 lbs.

Tomato Soup – 10 cents per can

Coffee - $1.90 per pound

Toothpaste – 75 cents

Pork Chops – 59 cents per pound

Pot Roast – 59 cents per pound

Frozen TV dinners – 39 cents

Bar Soap – 20 cents per bar

Onions – 9 cents per pound

Oranges – 7 cents per pound

Car-related Items

Gas – 36 cents per gallon (before the 1973 oil crisis)

Car - $3900 (1970); $5500 (1979)

Whitewall Tires - $13

Motor Oil – 25 cents per quart

8-track tape player - $40

CB Radio - $140

1970s Clothing Prices

Men’s down jacket - $20

Men’s suit - $40

Men’s sport coat - $30

Men’s dress shoes - $22

Wrangler jeans - $10

Women’s summer dress - $8

Women’s slippers - $4

Ladies spring coat - $25

1970s Furniture / Household prices

Bunk beds - $100

Recliner chair - $70

Bean Bag chair - $20

Porcelain sink - $10

Mattress and box spring - $75

Latex house paint - $7 per gallon

Toys prices in the 1970s

Atari game cartridges - $20

Mattel Hot Wheels Car – 69 cents

Radio-Controlled car - $5

Barbie inflatable furniture set - $2