My first apartment in 1971 was $65 a month. I earned $65 or so a week that summer, plus had a room mate! Beer was 50 cents a mug. Things definitely more expensive now.
I left the U.S. in 1973 for 31 months of army service in Korea. Gas was 33 cents a gallon. When I came back it was 66 cents a gallon. I thought that was awful! Those were the good old days!
I remember the ‘73 gas crunch. OPEC tried to limit supply. Didn’t work for them. Cornering the market never works. But I do remember the gas lines and the price hikes. And the inflation. Remember Gerald Fords “WIN” badges (Whip Inflation Now”)? Like that was gonna work!
In 1967 gas in my town cost between 28 and 32 cents a gallon and minimum wage was $ 1.68. So effectively one could purchase 6 gallons of gas for 1 hour worked. To do that today minimum wage would have to be between $ 18.00 and $ 21.00 an hour. So no, wages do not keep on par with prices.
That's because the minimum wage stayed stagnant for years, while inflation soared! p.s I'm 78 & remember when gas was $.20 a gal. in the '50's & still as low as $.25 a gal, when I started driving in 1965!
In the 1960’s you were lucky to see 15 mpg from your car, as opposed to 30 mpg (easily) today. Your six gallons of 1960 gasoline would take you 90 miles, whereas today’s gas will take you 180 miles. You only need to earn $9 or $10 today to travel as far as your 1960 minimum wage took you. Argument doesn’t hold true for everything, but think of today’s standard of living as compared to 1960. As Carly Simon sang … THESE are the good old days.
.90.9We didn't have minimum wage in 1967. It was whatever someone accepted. The going rate for dishwashers in 1967 in Cleveland Ohio was .60 cents @hr -.90 cents @hr
It's amazing how food and clothing items once cost a tiny fraction of the cost of what they do today while a 21" black and white television that could only bring in three channels in most places once cost more than a modern color 32" television that weighs much less and has so many more capabilities including not having to get up to change a channel or adjust an antenna.
Watching this makes me cry for how great it was in the 60's and 70's and how the world has changed for the worse. I so wish I could back to those days.
@@TomSpeaks-vw1zp My point was that it seems people always rememember "the good ole days", and not that during that time period things may have actually not been as good as people want to remember them looking back.
Yeah I remember when ,,I am 69 years old now ,,boy have the times changed ,,gas was cheap food was so much cheaper and you enjoyed eating out ,,Well now there's too much greediness and money hungry people ,,sad that no one cares and things continue to get worse in the world until God one day say,s he,s had enough and will bring changes that no human government can do ,, only God himself
In the 70's a loaf of bread only 0.25 cents, Friday night DBL-FEATURES cost $1.00 dollar, a gallon of milk cost 0.50 cents, McDonalds combo meals only 0.99 cents. And gas stations STILL HAD full service, candy bars were only 0.20 cents, and a SIX-pk of Coke ONLY 0.25 cents. The GOOD OL' days!
I remember in 1982 in LA when I stopped into a gas station and paid a full tank of gas (less than $9) and put a $100 bill over the counter the employee almost has a heart attack
In 1963 gas was 24 cents a gallon. Cheeseburger, French fries and a drink was 45 cents. School lunch was 25 cents. Soft drink was 10 cents. A loaf of bread was 25 cents. Ice cream cone was a nickel. Saturday afternoon, double feature movie was 35 cents. A pack of cigarettes was a quarter. I had a 61 Chevrolet, 2 door hardtop baby blue. A girlfriend with baby-blue-eyes. We would drag the gut on Broadway. Listening to rock and roll music on the AM radio. This was the good old days.
The cheapest price I remember on gas was actually in 1972, the year before the Arab oil embargo. Older people might remember when gas stations had “gas wars” to see who could undercut who. The price was 19.9 cents per gallon. Now the tax is 3 times that amount.
I'm 78 & consider 1972 as the last year of "fiscal sanity" in the U.S.! People were making decent salaries, while prices stayed as low as in the 1960's! My brother in law bought a brand new house for $26k, that year!
@@rongendron8705Yes, just look around you … nobody has a car or a house anymore; nobody buys groceries or goes to restaurants (or sporting events, or concerts); you never hear of people taking vacations to exotic locations 🙄. Perhaps people’s expectations and sense of entitlement have out-stripped their income? The average person has so much more than was the norm 50-60 years ago. We’re doing just fine.
@@kenlompart9905 You just said it online, so it must be true. Any research to back up your statement, or are you relying on the Donald Trump adage “a lot of people are saying”? Somehow all these families that need multiple incomes to keep their heads above water also have homes that are far more extravagant than they need, multiple cars, more televisions than they can possibly watch at one time, $1,000 phones for everyone aged 4 and older, etc. If people lived with less, as they did in the past, they might find it a whole lot easier to get by. If you want it all, don’t complain about having to work for it, and stop voting for parties that devote themselves to cutting taxes for the rich.
Gas isn't $3.00 a gallon everywhere... In Bakersfield, California, where there are oil pumps all over the place, a neighborhood called "Oiltown" and the high school's football team is the Drillers, gas is an average of $5.50 a gallon.
This Is Really a blast from the past , I worked At Mcdondals in 1967 and remember those prices. I quite after I saved 600 dollars and bought a 1957 Austin Healy foe $600. Wow those were the days. I was making $1000 a week in 1974 could have bought a house on the beach for $60,000 but I was a fool and blew in on Cars & Girls .
@TomSpeaks-vw1zp my dad made big money, I'm talking mid 5 figures and up. In 1959 he bought a house in the nice part of San mateo for 19,500. That was a lot of money back then.
Thank you for sharing this video. In 2024 McDonald's is an unsafe place to go for food. The parking lots are full of liter. Criminals and drug addicts use the locations as meeting spots. Many gas stations are just as bad. Definitely were better times than now. God bless 🙏
I’m not saying that things are actually more affordable now than then, but my father with a 9th grade education was working in a drop forge shop. It was union. In 1966 he made $10,000 for the first time. My parents built a new house in 1965 for $13,000. The payment including taxes was $150 per month. They bought a new car in 1966 and it had a payment of $78 per month. My mom didn’t work outside the house and I had two older brothers. I can remember grocery shopping with my mom and a week’s groceries was about $20. Do the math. There wasn’t much left. Both of my parents smoked too.
Going back to McDonalds in 1962 in Cleveland the pay was 75cents an hour and all the hamburgers you could eat. The fries where made on premises using real beef tallow. One customer would order six bags and a large orange drink.
The cheapest I remember McDonalds was late 70s when I was 12 or 13. The rare times my friends and I would go there for lunch my mom would give me $2, I always got a big mac large fries and a strawberry shake and got change back from my $2.
I worked at Columbus & Mulberry Sohio. Across the street was the Ringside bar & grill where you could get 7 full sized regular hamburgers for a dollar. Hell, you can’t even get free advice for a dollar nowadays 😂😂
Does anyone remember when the gas stations had gas wars? The prices really dropped even then. I was getting Hudson gas for 13 cents a gallon. The lowest price I ever was was 11 cents per. A fill up of the old beetle was mere pocket change. Yesterday I filled the tank of my truck at Costco " lowest prices in town" for only 4.99 a gallon. Welcome to the future.
In high school I worked at Henry's, a burger joint like McDonald's, on Wednesdays hamburgers were 10 cents each, normally 15 cents. People bought them in mass. Time flew by as I tried to flip enough hamburgers to keep up with the crowds. I miss those days myself.
Maximum marginal tax rate in 1962 for the Uber- rich was 91%. Yes, 91%! (Ask Elon to pay that now!) My dad made $15,000 a year and we lived fine in LA. No mortgage on our home in Woodland Hills. College tuition (including room and board) at Loyola-Marymount in ‘68 was $3200/ year. 20% of my dad’s income versus all of it today. No debt. Government funding did that. Social security was fully funded. I bought a brand new VW bug, off the lot, for $1300 cash. No loan. Then, we started slashing taxes for the Uber-rich and punishing the middle class. Now we’re all in debt and the rich are buying billion dollar yachts.
As a kid in the seventies my parents and myself lived very well,my dad had a new Pontiac or Buick every couple of years and I had mini bikes and go carts,we lived in a large 3 bedroom apartment and my dad’s salary covered it all so my mom could take care of the apartment and raise me. I have copies of my father’s tax returns from the late sixties and early seventies and can’t believe how little he made considering how well we lived.
A commercial in the 60’s had a chauffeur bring out 2 cheeseburgers, 1 french fries and a Coke from McDonald’s to a rich guy in the car who wanted the change from his dollar.
my mom always said the 5th Avenue was a Clark bar only with almonds. 😂 Guzzling cokes & all those candy bars are the reasons for being on statins today. We didn’t have the best eating habits back then but it was fun getting here.
Things weren’t all that different from state to state when it came to housing. My cousin in California said that my aunt and uncle built a new house in West Covina in 1952. The house was 3 bedrooms and a bath and a half. It had a two car detached garage. Total cost? About $11,000. Her 3 children still live in SoCal. Only the one who is an attorney owns a house. His wife’s grandparents owned it and they were able to purchase it out of the estate at a somewhat reduced price. The one that I talk to all the time has a good job as does his wife. He said that they will never be able to afford a house living there. What a pity.
The minimum wage in 1965 was $1.25 per hour. That's $2550 per year for a full-time job. Most people now make more than that in a month. Those prices don't look so low when compared to wages back then. It's all relative.
As a teen I worked at several gas stations in Miami, Fl. The lowest I ever saw it was 17.9. Who remembers Amoco 260. It was rated at 103 octane, damn near aircraft fuel
2:33 The most incredible bargain shown: Frank Bush, watchmaker, will give your watch a basic service, plus a new mainspring and balance staff for just five dollars. Unbelievable! Replacing the balance staff is one of the more difficult and time-consuming jobs in watch service, by itself this is usually at least fifteen dollars (in gold-standard dollars of 1965).
My parents bought their first house in 1969 (in NJ), and it cost $23,000. It was a Cape Cod with full basement, no dining room, 2 small bedrooms on the ground floor, and 2 upstairs (with lower ceilings). It also included 2 acres of land and a detached 3-car garage. On a different note I'd love to see a video like this about the 70s. I was in public school from first grade through fifth, and I remember that lunch in the cafeteria was 40 cents, plus 10 cents for an extra bread and butter, 10 cents for an extra milk, and 10 cents for an ice cream sandwich. This was in the early 70s. I remember very little from the 60s.
Yes. Ours in 65 was $15,500. Brand New 3 bedroom, 1 full bath, full basement, split level, huge lot. Sold it 13 years later for $113,000. Wish I could have bought 2. 😂
I always tell my kids this: My dad had a great job at the start of the 70's. We could afford whatever we wanted. Almost a decade later, he had a crappy job. We were broke and driving the same crap cars we had for almost 10 years. It was the same job.
1971 gas 30 cents a gallon, pack of cigarettes 25 cents, was making $ 6 an hour,1973 bought my first home in Queens, N.Y, for $36,000, new Chevy Impala $ 4,800, Miss those days, it was the America I came for.
notice that milk and eggs were far more expensive back then compared to today, if we had to pay 60s prices for milk, a gallon of milk would cost $9 and a dozen eggs would cost $5.40
I remember pulling up to the gas station pump with my father in the late 1950’s. Gas wad 9 9/10 cents a gallon. The guy who owned the station would pop the hood and check all the fluids.
If you worked at a Standard Station that’s what you did. Check everything under the hood, check tire pressure, wash front and rear windows all while pumping gas. That was true customer service. Now you’re lucky to get a smile and a thanks. It’s a good day if you make eye contact 😢
I remember that President Nixon also declared a wage and price freeze to stop inflation worked in gas station gas wars prices changed sometimes twice a day
Here in Wisconsin it’s about $3.40 and everyone is complaining. Gasoline on the west coast has always been higher than the Midwest. I remember as a kid riding with my uncle in his 1965 Buick Electra and he stopped for gas. He put it $10 worth of premium and I was appalled. I couldn’t believe that it was this expensive. The year was 1968.
Actually the taxes today are just under $4,000. The house sold 3 years ago for $350,000. When I looked at the pictures not much was changed from when I lived there in the 60’s. My parents sold it for $201,000 in 2001.
Everything was cheap but then wages weren't great neither. Id rather gave the lower prices. I remember a burger place 5 cheese burgers for a dollar. Early 70s
in 1970 i bought gas in flint michigan for 16.9 cents per gallon. we sold our newer 3bed 2 bath house with 2 car garage for 16,000. the same house cost 160,000 now. it's still there. so gas is 20 times more and the house is 10 times more.
But we have to remember, it's all relative. I remember dad pulling into the Gulf station on E and telling him to fill it up....( Yes, they actually came out to the car and filled it for you. Also checked the oil and cleaned the windshield) $5.00 later we were on our way. But his weekly paycheck was $150.00, and the cars got 10 to 12 mpg.... I remember McDonald's prices, and when the Big Mac first came out, I think it was .45 cents. Now we make a 100.00/ hour and gas 5.00/ gallon cars get 30 mpg. Just a evil circle of escalation.
daveevans, not only my dad, but myself doing that. And you’re right, it’s all relative. But it seemed more enjoyable then. As a teen I enjoyed meeting and taking care of my customers. After all, they were the source of my income.
Yeah Ricky, my dad ran a truck stop back in the 50’s. He complained about not making any money on gas. Like it’s always been, the big guy took his cut from the top. The little guy gets the leftovers.
The most important factors for living costs over the years have been the cost of housing and transportation. In the past five years, more and more people can no longer afford rent or can buy a home. Aside from fewer low skill jobs, even $20.00 an hour minimum won't bring enough income to cover housing, transportation, food, medical care and taxes, plus all the other "mandatory" costs of living. This has partially led to the massive increase in the homeless population. In the past there was a balance with an elasticity that cushioned ups and downs in the economy. I predict the future will be bleak. The slide will accelerate. Advice: Don't walk around with blinders. Save yourself.
I was in high school, had a paper route, saved my money and bought a new Honda trail 90 in 1968. $333.00! Rode to Fosters Freeze for a huge $.99 burger my brother and i split, great times, filled the tank for less than a dollar. I guess everything is relative, but life seemed simpler and more carefree then.
196p? That's 60+ years ago. Naturally after that amount of time, things will increase in price. Do a comparison of today's prices and what it was just 3 1/2 years ago. That's what we're concerned with!
It's HOUSING that's out of control. Also cars and education. Healthcare is bad too, but for those of us old enough to remember, cancer used to kill almost anyone who got it. People wouldn't say "the C word" out loud when I was a kid. You could make an argument that at least with healthcare there's more value there. But my Dad had a great Union job in mining back in the 60s and made $9/hr ($18k/yr+ overtime) and built a house on 8 acres for $24k. Last time that house sold, it went for $700k (the acreages in that area go for a premium now). Today, it's probably worth $900k. No Union electrician has a snowball's chance of buying it today. Forget about consumer goods though, we actually haven't done too bad in a lot of areas like electronics (which are incredible and cheap as hell adjusted for inflation). Lots of garbage, but it is cheap.
And if you held the patty up in from of a light, you could see light passing through it. Hence the name see-through burgers. You needed to eat ten or more of them to convince your stomach that you ate something...
I used to buy a coke for 10 cents, you could buy ten cokes for 1 dollar plus tax, now if you buy a single coke it comes out to 3 dollars,1 dollar could buy you 10 cokes, today it's 30 dollars for 10 cokes, if you buy them in singles, so 30 dollars equals to what a dollar used be valued at
I remember back in the 60’s you could buy a bag of burgers or at least that’s what I called them they were 12 burgers for a buck! And I thought at the time it was normal but nowadays you can’t even get a cup of ice for a buck and I keep telling myself it will get better but in reality it just keeps getting worse by the day
Our White Castle was about 30 miles away. One time on the graveyard shift one of the employees went around taking orders. He ended up driving back about three hours later with 300 white castles. Talk about a pissed off foreman! 😂 Could you imagine the look on the WC employees face with a 300 burger order at 2 am?😂😂😂😂
Well, all these tax exempt Armies like Amway, churches, charities, raise the price of the rent. Bankruptcy riders also cost the country trillions a year. People demand Heather food. That raises perdution costs. It's that bankruptcies riders that's the worst. Americans buy a house, two cars, a boat, RV, credit cards, then cash out making everyone else pay their debt.
Corporate greed is rampant now. CEO'S pay out of control. The rich need to pay their share and do not. Used to be patriotic to pay your taxes. I bought a brand new ford maverick in 1970 for $999 plus tax license and delivery fee. $1125 out the door. Now behind on taxes and eating Ramin noodles to make ends meet. Sad what's happening. Be well...
These prices only look cheap to us now. Go back to the 60s and we'd still be complaining. For example, the cost of a dozen eggs being 60 cents is actually nearly $6 today. A gallon of gas at .28 cents is about $2.76 in today's money. When you really look at it, those prices really weren't that great.
![Detroit, Michigan 1930s in color [60fps, Remastered] w/sound design added](/img/1.gif)
I was in my single digits back in the late 60's. But do recall these things. Those days are gone forever!
My first apartment in 1971 was $65 a month. I earned $65 or so a week that summer, plus had a room mate! Beer was 50 cents a mug. Things definitely more expensive now.
I left the U.S. in 1973 for 31 months of army service in Korea. Gas was 33 cents a gallon. When I came back it was 66 cents a gallon. I thought that was awful! Those were the good old days!
I remember the ‘73 gas crunch. OPEC tried to limit supply. Didn’t work for them. Cornering the market never works. But I do remember the gas lines and the price hikes. And the inflation. Remember Gerald Fords “WIN” badges (Whip Inflation Now”)? Like that was gonna work!
In 1967 gas in my town cost between 28 and 32 cents a gallon and minimum wage was $ 1.68. So effectively one could purchase 6 gallons of gas for 1 hour worked. To do that today minimum wage would have to be between $ 18.00 and $ 21.00 an hour. So no, wages do not keep on par with prices.
That's because the minimum wage stayed stagnant for years, while inflation soared! p.s I'm 78 & remember when
gas was $.20 a gal. in the '50's & still as low as $.25 a gal, when I started driving in 1965!
Minimum wage for California fast food workers recently went up to $20 an hour.
In the 1960’s you were lucky to see 15 mpg from your car, as opposed to 30 mpg (easily) today. Your six gallons of 1960 gasoline would take you 90 miles, whereas today’s gas will take you 180 miles. You only need to earn $9 or $10 today to travel as far as your 1960 minimum wage took you. Argument doesn’t hold true for everything, but think of today’s standard of living as compared to 1960.
As Carly Simon sang … THESE are the good old days.
.90.9We didn't have minimum wage in 1967. It was whatever someone accepted. The going rate for dishwashers in 1967 in Cleveland Ohio was .60 cents @hr -.90 cents @hr
Minimum wage actually predates the 60s.
It's amazing how food and clothing items once cost a tiny fraction of the cost of what they do today while a 21" black and white television that could only bring in three channels in most places once cost more than a modern color 32" television that weighs much less and has so many more capabilities including not having to get up to change a channel or adjust an antenna.
Watching this makes me cry for how great it was in the 60's and 70's and how the world has changed for the worse. I so wish I could back to those days.
Just don't be a male of draft age during that time. Things were not always as wonderful as we would like to remember them.
@@nofortunatesonII Sure. You can pee on anything, right?
@@nofortunatesonIIWe have to look at it in general. If we start looking at specifics then there’s never a good era in which to live.
@@TomSpeaks-vw1zp My point was that it seems people always rememember "the good ole days", and not that during that time period things may have actually not been as good as people want to remember them looking back.
Yeah I remember when ,,I am 69 years old now ,,boy have the times changed ,,gas was cheap food was so much cheaper and you enjoyed eating out ,,Well now there's too much greediness and money hungry people ,,sad that no one cares and things continue to get worse in the world until God one day say,s he,s had enough and will bring changes that no human government can do ,, only God himself
What was people’s average pay?
Do you see people how you are getting screwed over?!!! WAKE UP!!! The cost of living wages per cost of things were a million times better then!!
And they call that progress! Lmao 🤣🤣🤣🤣🤣🤣
@@KimberlyJordineyeah, lol.
Back then our coins were silver, and paper bills were backed by gold. Only silver and gold are money, all else is debt!
In the 70's a loaf of bread only 0.25 cents, Friday night DBL-FEATURES cost $1.00 dollar, a gallon of milk cost 0.50 cents, McDonalds combo meals only 0.99 cents. And gas stations STILL HAD full service, candy bars were only 0.20 cents, and a SIX-pk of Coke ONLY 0.25 cents. The GOOD OL' days!
I remember in 1982 in LA when I stopped into a gas station and paid a full tank of gas (less than $9) and put a $100 bill over the counter the employee almost has a heart attack
Back in '66 my parents bought their house for 16,500. We didnt have much but you didn't need much.
In 1963 gas was 24 cents a gallon. Cheeseburger, French fries and a drink was 45 cents. School lunch was 25 cents. Soft drink was 10 cents. A loaf of bread was 25 cents. Ice cream cone was a nickel. Saturday afternoon, double feature movie was 35 cents. A pack of cigarettes was a quarter. I had a 61 Chevrolet, 2 door hardtop baby blue. A girlfriend with baby-blue-eyes. We would drag the gut on Broadway. Listening to rock and roll music on the AM radio. This was the good old days.
The cheapest price I remember on gas was actually in 1972, the year before the Arab oil embargo. Older people might remember when gas stations had “gas wars” to see who could undercut who. The price was 19.9 cents per gallon. Now the tax is 3 times that amount.
I'm 78 & consider 1972 as the last year of "fiscal sanity" in the U.S.! People were making decent salaries,
while prices stayed as low as in the 1960's! My brother in law bought a brand new house for $26k, that year!
@@rongendron8705Yes, just look around you … nobody has a car or a house anymore; nobody buys groceries or goes to restaurants (or sporting events, or concerts); you never hear of people taking vacations to exotic locations 🙄.
Perhaps people’s expectations and sense of entitlement have out-stripped their income? The average person has so much more than was the norm 50-60 years ago. We’re doing just fine.
@@roymcgaw7431 And no-one can raise a family on one income anymore, most families need a second income just to pay the rent or mortgage now.
@@kenlompart9905 You just said it online, so it must be true. Any research to back up your statement, or are you relying on the Donald Trump adage “a lot of people are saying”?
Somehow all these families that need multiple incomes to keep their heads above water also have homes that are far more extravagant than they need, multiple cars, more televisions than they can possibly watch at one time, $1,000 phones for everyone aged 4 and older, etc. If people lived with less, as they did in the past, they might find it a whole lot easier to get by. If you want it all, don’t complain about having to work for it, and stop voting for parties that devote themselves to cutting taxes for the rich.
@@kenlompart9905That's telling it!
I can remember my dad pulling into a gas station asking for 2 dollars worth and getting almost half a tank full
In 1969, I drove to School all week for $3. Trip was 16 miles round trip, car was a1949 Oldsmobile.
In 1972 a brand new VW bug was $2,400.00,gas was .25 cents for regular,Ethel was .29 cents per gallon.Rent $60.00 month,minimum wage was $1.65.
A bug was actually less than that. I remember the Toyota ad from 1970 where all 3 models of Corolla were $5,458. A Pinto was $1,919.
@@dave1956 I bought a super beetle $2400.00,tax license,dealer preparation,and under coating,that was at my dealer.
@@johnjaco5544
I guess that you ought to know! It was your money. I stand corrected.
I remember the little gas station and store in our little town soda pop 10 cents popcicles 7 cents candy bars 5 cents and lots of penny candy
.28/gallon is almost $3.00/gal today..pump the brakes people..Carls Jr did have Great Frys then and a really good Chili Dog.!!
Gas isn't $3.00 a gallon everywhere... In Bakersfield, California, where there are oil pumps all over the place, a neighborhood called "Oiltown" and the high school's football team is the Drillers, gas is an average of $5.50 a gallon.
This Is Really a blast from the past , I worked At Mcdondals in 1967 and remember those prices. I quite after I saved 600 dollars and bought a 1957 Austin Healy foe $600. Wow those were the days. I was making $1000 a week in 1974 could have bought a house on the beach for $60,000 but I was a fool and blew in on Cars & Girls .
Never regret the money spent on cars and girls ; ) You can, however, regret the cars you sold. LOL. I do.
Mc Donald's had a commercial that you could get a meal and get change back from a dollar😊
This too. Most people made under 10,000 a year, the minimum wage was a little over a buck an hour and we were on the gold standard.
In the '60's, I worked for the Fed. Govt. & made $6,500! If you made 10k then, you were doing all right!
@@rongendron8705
At $10k then you were rich😂. A lot depended on where you lived back then as to your lifestyle.
and silver coinage 1964 and older
@TomSpeaks-vw1zp my dad made big money, I'm talking mid 5 figures and up. In 1959 he bought a house in the nice part of San mateo for 19,500. That was a lot of money back then.
Thank you for sharing this video. In 2024 McDonald's is an unsafe place to go for food. The parking lots are full of liter. Criminals and drug addicts use the locations as meeting spots.
Many gas stations are just as bad.
Definitely were better times than now.
God bless 🙏
Yep 👍
Boy what I wouldn't do to pay 28 cents for a gallon of gas today. Now it's well over $3 a gallon.
Over 8 dollars in San Bernardino
I’m not saying that things are actually more affordable now than then, but my father with a 9th grade education was working in a drop forge shop. It was union. In 1966 he made $10,000 for the first time. My parents built a new house in 1965 for $13,000. The payment including taxes was $150 per month. They bought a new car in 1966 and it had a payment of $78 per month. My mom didn’t work outside the house and I had two older brothers. I can remember grocery shopping with my mom and a week’s groceries was about $20. Do the math. There wasn’t much left. Both of my parents smoked too.
Here in California it's over 5.00 a gallon !!!! Why ? No one seems to know . Even the governor doesn't seem to know .
In California average is over $ 5 a gallon.
@@taghiwood it's 18 cents in Venezuela
Going back to McDonalds in 1962 in Cleveland the pay was 75cents an hour and all the hamburgers you could eat. The fries where made on premises using real beef tallow. One customer would order six bags and a large orange drink.
The cheapest I remember McDonalds was late 70s when I was 12 or 13. The rare times my friends and I would go there for lunch my mom would give me $2, I always got a big mac large fries and a strawberry shake and got change back from my $2.
I worked at Columbus & Mulberry Sohio. Across the street was the Ringside bar & grill where you could get 7 full sized regular hamburgers for a dollar. Hell, you can’t even get free advice for a dollar nowadays 😂😂
Those prices were great and it was a better time for sure, but with minimum wage what it was, it still would have been a struggle
Does anyone remember when the gas stations had gas wars? The prices really dropped even then. I was getting Hudson gas for 13 cents a gallon. The lowest price I ever was was 11 cents per. A fill up of the old beetle was mere pocket change. Yesterday I filled the tank of my truck at Costco " lowest prices in town" for only 4.99 a gallon. Welcome to the future.
The prices look cheap but in 1963 I was earning $1.65 an hour 😢
In high school I worked at Henry's, a burger joint like McDonald's, on Wednesdays hamburgers were 10 cents each, normally 15 cents. People bought them in mass. Time flew by as I tried to flip enough hamburgers to keep up with the crowds. I miss those days myself.
Maximum marginal tax rate in 1962 for the Uber- rich was 91%. Yes, 91%! (Ask Elon to pay that now!) My dad made $15,000 a year and we lived fine in LA. No mortgage on our home in Woodland Hills. College tuition (including room and board) at Loyola-Marymount in ‘68 was $3200/ year. 20% of my dad’s income versus all of it today. No debt. Government funding did that. Social security was fully funded. I bought a brand new VW bug, off the lot, for $1300 cash. No loan. Then, we started slashing taxes for the Uber-rich and punishing the middle class. Now we’re all in debt and the rich are buying billion dollar yachts.
And running for public office in Wisconsin claiming that he can’t be bought as he is already wealthy. Why then would he want to run?
As a kid in the seventies my parents and myself lived very well,my dad had a new Pontiac or Buick every couple of years and I had mini bikes and go carts,we lived in a large 3 bedroom apartment and my dad’s salary covered it all so my mom could take care of the apartment and raise me. I have copies of my father’s tax returns from the late sixties and early seventies and can’t believe how little he made considering how well we lived.
In 1969 I got my driver's license and my long awaited motorcycle. I could fill my tank for less than $0.75. High octane gas being $0.21/gallon.
And MOST were made in America!
A commercial in the 60’s had a chauffeur bring out 2 cheeseburgers, 1 french fries and a Coke from McDonald’s to a rich guy in the car who wanted the change from his dollar.
I remember going to McDonald’s for the first time in 1964. A hamburger was 15 cents.
In the early part of the decade Burger Chef had a jingle about all they sold for 15¢.
The Clark bar and Fifth avenue was a nickel.
Yeah,,,and a FULL 6 oz today their 2 bucks and 1.5 oz
I remember buying 5 cent candy bars that were much larger than today. Six candy bars were 25 cents.
@@dave1956 Those were the good old days
A 5th Avenue for a nickel to enjoy with my favorite Twilight Zone reruns at seven every weeknight!
my mom always said the 5th Avenue was a Clark bar only with almonds. 😂
Guzzling cokes & all those candy bars are the reasons for being on statins today. We didn’t have the best eating habits back then but it was fun getting here.
In 1963 you could buy a 1959 Jaguar 3.4 MK 1 for $1500.
The British pound was devalued at that time & the price of Jaguars declined by 1/3rd!
I don't understand inflation and impossible rents?
inflation is caused by creating paper money out of thin air and NOT backed with gold.
The good old days of when you can have a bite to eat at McDonald's for under a dollar. 💵
The prices also depended on the state you lived in some were cheaper.
Things weren’t all that different from state to state when it came to housing. My cousin in California said that my aunt and uncle built a new house in West Covina in 1952. The house was 3 bedrooms and a bath and a half. It had a two car detached garage. Total cost? About $11,000. Her 3 children still live in SoCal. Only the one who is an attorney owns a house. His wife’s grandparents owned it and they were able to purchase it out of the estate at a somewhat reduced price. The one that I talk to all the time has a good job as does his wife. He said that they will never be able to afford a house living there. What a pity.
The minimum wage in 1965 was $1.25 per hour. That's $2550 per year for a full-time job. Most people now make more than that in a month. Those prices don't look so low when compared to wages back then. It's all relative.
May I ask a question how much were you making in the 60s and then will see wether it was cheap or not
As a teen I worked at several gas stations in Miami, Fl. The lowest I ever saw it was 17.9. Who remembers Amoco 260. It was rated at 103 octane, damn near aircraft fuel
2:33 The most incredible bargain shown: Frank Bush, watchmaker, will give your watch a basic service, plus a new mainspring and balance staff for just five dollars. Unbelievable! Replacing the balance staff is one of the more difficult and time-consuming jobs in watch service, by itself this is usually at least fifteen dollars (in gold-standard dollars of 1965).
Not only was gas cheap, but with a fill-up, you got a set of steak knives and 4 place settings! No steaks,tho!
A ranch home in my town in 1964 was $15,000 same house today &700,000
My parents bought their first house in 1969 (in NJ), and it cost $23,000. It was a Cape Cod with full basement, no dining room, 2 small bedrooms on the ground floor, and 2 upstairs (with lower ceilings). It also included 2 acres of land and a detached 3-car garage.
On a different note I'd love to see a video like this about the 70s. I was in public school from first grade through fifth, and I remember that lunch in the cafeteria was 40 cents, plus 10 cents for an extra bread and butter, 10 cents for an extra milk, and 10 cents for an ice cream sandwich. This was in the early 70s. I remember very little from the 60s.
Yes. Ours in 65 was $15,500. Brand New 3 bedroom, 1 full bath, full basement, split level, huge lot. Sold it 13 years later for $113,000. Wish I could have bought 2. 😂
I always tell my kids this: My dad had a great job at the start of the 70's. We could afford whatever we wanted. Almost a decade later, he had a crappy job. We were broke and driving the same crap cars we had for almost 10 years. It was the same job.
1971 gas 30 cents a gallon, pack of cigarettes 25 cents, was making $ 6 an hour,1973 bought my first home in Queens, N.Y, for $36,000, new Chevy Impala $ 4,800, Miss those days, it was the America I came for.
notice that milk and eggs were far more expensive back then compared to today, if we had to pay 60s prices for milk, a gallon of milk would cost $9 and a dozen eggs would cost $5.40
LMAO. Friend, we pay exorbitant prices now. A gallon of milk is $5.29 and a dozen eggs are $3.99 anywhere you go.
Currently in mid Michigan milk is about $3/gal & eggs about $2..
My first job in the mid 60s when in high school was a gas pump jockey at $.75/hr nights and weekends-
I thought I was in heaven
Got gas at Gulf in 1970,19.9 cents a gallon,flint Michigan!!!
Gas was 36 cent's a gallon in 1970 the year I was born
I remember pulling up to the gas station pump with my father in the late 1950’s. Gas wad 9 9/10 cents a gallon. The guy who owned the station would pop the hood and check all the fluids.
If you worked at a Standard Station that’s what you did. Check everything under the hood, check tire pressure, wash front and rear windows all while pumping gas. That was true customer service. Now you’re lucky to get a smile and a thanks. It’s a good day if you make eye contact 😢
I used to go to Henry's burgers with a dollar and buy 10 hamburgers gosh I miss them days hoping my bike didn't fall apart 🤣
I remember that President Nixon also declared a wage and price freeze to stop inflation worked in gas station gas wars prices changed sometimes twice a day
Yes thats correct, a Republican installed wage and price controls. Chew on that for a moment.
@@bill90405
We could use that price freeze now!
Here in Wisconsin it’s about $3.40 and everyone is complaining. Gasoline on the west coast has always been higher than the Midwest. I remember as a kid riding with my uncle in his 1965 Buick Electra and he stopped for gas. He put it $10 worth of premium and I was appalled. I couldn’t believe that it was this expensive. The year was 1968.
Actually the taxes today are just under $4,000. The house sold 3 years ago for $350,000. When I looked at the pictures not much was changed from when I lived there in the 60’s. My parents sold it for $201,000 in 2001.
When coins were silver, and our paper bills were back by gold.
24 cents for a gallon of gas in the early 60s. Two 1964 silver dimes today sold at market price will get you enough to buy a gallon of gas.
Everything was cheap but then wages weren't great neither. Id rather gave the lower prices. I remember a burger place 5 cheese burgers for a dollar. Early 70s
Next to that station carl jr. Hamburger 10 cents
I remember gas wars 15 9 a gallon back in 60s
in 1970 i bought gas in flint michigan for 16.9 cents per gallon. we sold our newer 3bed 2 bath house with 2 car garage for 16,000. the same house cost 160,000 now. it's still there. so gas is 20 times more and the house is 10 times more.
But we have to remember, it's all relative.
I remember dad pulling into the Gulf station on E and telling him to fill it up....( Yes, they actually came out to the car and filled it for you. Also checked the oil and cleaned the windshield) $5.00 later we were on our way.
But his weekly paycheck was $150.00, and the cars got 10 to 12 mpg....
I remember McDonald's prices, and when the Big Mac first came out, I think it was .45 cents.
Now we make a 100.00/ hour and gas 5.00/ gallon cars get 30 mpg.
Just a evil circle of escalation.
daveevans, not only my dad, but myself doing that. And you’re right, it’s all relative. But it seemed more enjoyable then. As a teen I enjoyed meeting and taking care of my customers. After all, they were the source of my income.
Spoiler Alert: You will never outpace inflation. It may be subtle, but over time, year after year, you lose ground.
My dad hauled fuel and i can remember him fussing about gas being.28 cents a gallon
Yeah Ricky, my dad ran a truck stop back in the 50’s. He complained about not making any money on gas. Like it’s always been, the big guy took his cut from the top. The little guy gets the leftovers.
Those were great times ! Too bad greed and stupidity now control our lives !!!
I would go back any day
I liked it when gas was a quarter and girls didn’t have tattoos ❤
I remember my Folks taking all five of us to Mac's in 1965 and spending less than $3, food was better, hotter and quicker.
I could get a pack of cigs, a beer, a gallon of gas, and a burger for a dollar
Yea things cost less but we all made a lot less!!!!
They cost less because we had honest merchants back then
The most important factors for living costs over the years have been the cost of housing and transportation.
In the past five years, more and more people can no longer afford rent or can buy a home. Aside from fewer low skill jobs, even $20.00 an hour minimum won't bring enough income to cover housing, transportation, food, medical care and taxes, plus all the other "mandatory" costs of living.
This has partially led to the massive increase in the homeless population. In the past there was a balance with an elasticity that cushioned ups and downs in the economy.
I predict the future will be bleak.
The slide will accelerate.
Advice: Don't walk around with blinders.
Save yourself.
I was in high school, had a paper route, saved my money and bought a new Honda trail 90 in 1968. $333.00!
Rode to Fosters Freeze for a huge $.99 burger my brother and i split, great times, filled the tank for less than a dollar.
I guess everything is relative, but life seemed simpler and more carefree then.
I remember gas .25 gallon at a self service when I gassed up my mini bike
196p? That's 60+ years ago. Naturally after that amount of time, things will increase in price. Do a comparison of today's prices and what it was just 3 1/2 years ago. That's what we're concerned with!
And a family of 8 could survive on one income, there's a lot to be said about a simple lifestyle!
Wish I could have made the money I'm making now and lived back then I'd be a rich man😊
Brian, just growing up back then made me rich in more ways than the money.
People complained about the cost of living back then.
Money was hard to come by back then.
I remember many a day going thru the sofa & chairs looking for a quarter for my dad to buy a pack of camels.
It's HOUSING that's out of control. Also cars and education. Healthcare is bad too, but for those of us old enough to remember, cancer used to kill almost anyone who got it. People wouldn't say "the C word" out loud when I was a kid. You could make an argument that at least with healthcare there's more value there. But my Dad had a great Union job in mining back in the 60s and made $9/hr ($18k/yr+ overtime) and built a house on 8 acres for $24k. Last time that house sold, it went for $700k (the acreages in that area go for a premium now). Today, it's probably worth $900k. No Union electrician has a snowball's chance of buying it today.
Forget about consumer goods though, we actually haven't done too bad in a lot of areas like electronics (which are incredible and cheap as hell adjusted for inflation). Lots of garbage, but it is cheap.
And minimum wage was $1.35 an hour!
Mcdonalds burger was 15 cents
And if you held the patty up in from of a light, you could see light passing through it. Hence the name see-through burgers. You needed to eat ten or more of them to convince your stomach that you ate something...
I used to buy a coke for 10 cents, you could buy ten cokes for 1 dollar plus tax, now if you buy a single coke it comes out to 3 dollars,1 dollar could buy you 10 cokes, today it's 30 dollars for 10 cokes, if you buy them in singles, so 30 dollars equals to what a dollar used be valued at
In 1976 min wage..2.10 an hour.
I remember back in the 60’s you could buy a bag of burgers or at least that’s what I called them they were 12 burgers for a buck! And I thought at the time it was normal but nowadays you can’t even get a cup of ice for a buck and I keep telling myself it will get better but in reality it just keeps getting worse by the day
I’m happier now
You change the pictures too fast
Especially those with many prices
Please slow it down
Not everyone has a photographic memory
Okay. I will from now on. Thank you.
1960 was such a wonderful year. Any guesses as to why? Time's up. The answer... DEMOGRAPHICS!
Wow, great, where's the time tunnel😂
everything was priced according to your pay. you still didn't make enough money to make ends meet. but there was no inflation or gouging.
Give Me a Time Machine & a Few $Million$. I Can Dream, Can't I? (smile)
White Castle was a nickel
Our White Castle was about 30 miles away. One time on the graveyard shift one of the employees went around taking orders. He ended up driving back about three hours later with 300 white castles. Talk about a pissed off foreman! 😂
Could you imagine the look on the WC employees face with a 300 burger order at 2 am?😂😂😂😂
Well, all these tax exempt Armies like Amway, churches, charities, raise the price of the rent. Bankruptcy riders also cost the country trillions a year. People demand Heather food. That raises perdution costs. It's that bankruptcies riders that's the worst. Americans buy a house, two cars, a boat, RV, credit cards, then cash out making everyone else pay their debt.
Corporate greed is rampant now. CEO'S pay out of control.
The rich need to pay their share and do not. Used to be patriotic to pay your taxes.
I bought a brand new ford maverick in 1970 for $999 plus tax license and delivery fee. $1125 out the door. Now behind on taxes and eating Ramin noodles to make ends meet. Sad what's happening.
Be well...
The people who caused this to change all belong in prison for the rest of their unnatural lives.
90s was $1
$1 hr wages
$1.28 an hour ,!!
THAT COMPUTER COULDN'T BE FROM THE 1960S, COULD IT????????????????
All this is saying is prices aren't static/fixed.
These prices only look cheap to us now. Go back to the 60s and we'd still be complaining. For example, the cost of a dozen eggs being 60 cents is actually nearly $6 today. A gallon of gas at .28 cents is about $2.76 in today's money. When you really look at it, those prices really weren't that great.
It's your opinion & you're welcome to it.
Very true. Minimum wage in the mid 1960's I believe was about $1.25 an hour.
But gas isn't 2.70 it's 3.70 and heading up
No ending ..
Now talk about how much people was paid
But people made 10 dollars a week.