1961 News Wednesdays – Cost of Living

In 1961,

The average cost of a new home was $12,500.

The average household income was $5,315.

The average cost of a gallon of gas was $0.27.

The average cost of a dozen eggs was $0.30.

The average cost of a new car was $2,850.

Tract homes, Placentia, 1961, Photo courtesy Orange County Archives

Tract homes, Placentia, 1961, Photo courtesy Orange County Archives

(Info courtesy The People’s History of 1961.)

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