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Block 2 1960s

by Sophia Sellers _ Student - ApexFriendshipHS

Pages 2 and 3 of 6

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Economics
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Average Income: $7,688 ($57,296.67 in today’s money)
Minimum wage: $1.25 ($12.33 in today’s money)

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Cost of bread in the 1960s: $0.23 ($2.56 today)
Cost of bread today: $1.55-1.89


Price of milk in the 1960s: $0.36 ($3.55 today)
Price of milk today: $4.29-$4.79
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Inflation/Education
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- 62% of people owned or leased home
- The average price of a three-bedroom house was $17,000-$26,000 ( $153,629.10-$193,771.26)
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In 2020, about 37.9 percent of the U.S.  had graduated from college or another  education institution.
 In 1960,  only 7.7 percent of the U.S. population had graduated from college.
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