Oh, dude, in 1967, a gallon of gas cost about 33 cents, a loaf of bread was around 22 cents, and a new car would set you back about $2,700. But hey, who's counting, right? Like, it's not like we can hop in a time machine and go back to those groovy prices.
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A whole lot less.
Here are some examples from this MSNBC news story:
http://www.msnbc.msn.com/id/19332035/
Average cost of a new home
1967: $24,600
2007: $229,100
Median household income
1967: $7,143
2005 (latest figure): $46,242
Cost of a movie ticket
1967: $1.20
2007: $6.58
Newsstand price of Rolling Stone (launched 1967)
1967: $0.25
2007: $4.50
Price of a pack of cigarettes
1967: $0.30
2007: $4.50
Cost of a McDonald’s Big Mac (introduced in 1967)
1967: $0.45
2007: $3.22
Average cost of a new car
1967: $2,750
2007: $28,200