Cost of Living in 1962

Medium Size Family Income $6,000 per year

Minimum hourly wage $1.25

New House $15,000

Gallon of gas $0.25

New Car $2,500

Federal/State/Local taxes 20%

Pack of chewing gum $0.05

Ice Cream bar $0.15

Soft drink $0.10

Fast Food Hamburger $0.20

First Class Postage Stamp $0.04

Pay Phone (local call) $0.10

Color TV Set $400

Tennis Shoes $5.00

Doctor's Office Visit $5.00

Movie Ticket $0.50

Popcorn at the movie $0.20

45 rpm Record $1.00

Record Album $3.00