Prices in 1924

In Honor of my Grandmother’s recent 90th birthday, we are going to take a look at life in 1924 for the next 9 weeks. 

1924 figures

Average income                       $2,196

Unemployment                        5%

New Car                                  $265

New House                             $7,720

Gallon of Gas                          11¢

Loaf of Bread                         9¢

Gallon of Milk                       54¢

First Class Stamp                    2¢

Life Expectancy                      54.1 years

Metal Bed with Mattress        $26.95

Tweed Knickers                      $1.55

Victrola                                   $150.00

16 Inch Oven & Broiler          $59.00

Chevrolet Roadster                 $480.00

Dow Jones Average                 100

 

Grocery Prices in 1924

Sirloin Steak    $0.396

Round Steak   $0.338

Chuck Steak    $0.208

Pork Chops     $0.308

Bacon              $0.377

Ham                $0.453

Eggs                $0.478

Milk                 $0.138

Bread              $0.088

Flour                $0.049

Potatoes          $0.027

Sugar               $0.092

Coffee             $0.433

Cheese             $0.392

Lard                $0.19

Margarine        $0.26

Butter              $0.45

Salmon            $0.32/pound

Bananas           $0.54/dozen

Oranges           $0.54/dozen

Tomatoes         $0.14

Peas                 $0.17

Bakes Beans    $0.12

Onions             $0.06

Rice                 $0.10

Navy Beans     $0.09

Macaroni         $0.17

Cornmeal         $0.05/pound

Corn flakes      $0.09

Rolled Oats     $0.08

 

 

Join the Conversation:  Would you prefer the prices from 1924 or today?  Why?