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Facts of the 1970s

It’s fun to look back at the decades that have passed and review some facts that seem almost unbelievable to those of us enjoying life in this day and age.

Certainly, life in the 70s was quite different from that of the 21st century, as one might suspect, but those who lived through it thought it was one of the greatest decades ever!

Below are some fun facts about the 70s decade:

  • The world population in 1970 was 3.63 billion
  • The population of the U.S. in 1970 was 204,879,000
  • The population density of the U.S. was 85 people per square mile
  • The national debt in 1970 was $450 billion
  • The average annual salary in 1970 was approximately $7,800 per year
  • The federal minimum wage averaged about $2.50 an hour
  • About 4 million Americans were unemployed at the start of the decade
  • The inflation rate in the U.S. was 5.84%
  • The average cost of a new house in 1970 was $23,450
  • Americans renting a home at the beginning of the decade spent about $140 per month
  • The average life expectancy of a male was 67.1 years old
  • The average life expectancy of a female was 74.8 years old
  • A 1970 U.S. postage stamp cost 6 cents but was up to 13 cents by 1979
  • At the beginning of the decade, gas was 36 cents per gallon
  • The president of the U.S. in 1970 was Richard Nixon, who was re-elected in 1972. When he resigned, Gerald Ford replaced him. Jimmy Carter followed in 1976.
  • New York City was the largest urban area in the U.S., with a population of 7.9 million. Chicago (3.3 million), Los Angeles (2.8 million), and Philadelphia (1.9 million) followed.
  • A quart of milk cost 33 cents and a loaf of bread cost about 24 cents
  • The speed on U.S. highways was decreased to 55 miles per hour
  • The U.S. voting age was lowered from 21 to 18
  • 8.5 million Americans were enrolled in institutions of higher learning
  • Tuition at Harvard was $2,400 per year
  • The average cost of a new car was just under $4K
  • A movie ticket cost an average of $1.50