Friday, June 25, 2010
Cost of Living Calculator
There is a neat website that has a cost of living calculator on it. Did you know that one american dollar in 1940 is equal to $15.48 in 2010. Our money is not worth much now a days is it? Go to the link and punch in some numbers of your own. Just think about what it's going to be like in a few more years with our government running up debt as fast as they can! http://www.aier.org/research/worksheets-and-tools/cost-of-living-calculator
What Things Cost in 1940
Car: $800
Gasoline: 18 cents/gal
House: $6,550
Bread: 8 cents/loaf
Milk: 34 cents/gal
Postage Stamp: 3 cents
Stock Market: 131
Average Annual Salary: $1,900
Minimum Wage: 30 cents per hour
Gasoline: 18 cents/gal
House: $6,550
Bread: 8 cents/loaf
Milk: 34 cents/gal
Postage Stamp: 3 cents
Stock Market: 131
Average Annual Salary: $1,900
Minimum Wage: 30 cents per hour
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