Common questions / 01/07/2019

How much did sugar cost?

Average retail price per pound of granulated sugar in the U.S. from 2000 to 2019 (in U.S. cents)

Characteristic	Price per pound in U.S. cents
2019	59.01
2018	61.63
2017	64.76
2016	64.19

What things cost in 1960?

Prices

Cost of a new home:	$16,500.00
Cost of a first-class stamp:	$0.04
Cost of a gallon of regular gas:	$0.31
Cost of a dozen eggs:	$0.57
Cost of a gallon of Milk:	$0.49

Did sugar used to be expensive?

Known worldwide by the end of the medieval period, sugar was very expensive and was considered a “fine spice”, but from about the year 1500, technological improvements and New World sources began turning it into a much cheaper bulk commodity.

What was the price of sugar in 1970?

Sugar Prices – 37 Year Historical Chart

Sugar Prices – Historical Annual Data
Year	Average Closing Price	Year Close
1972	$0.0755	$0.0996
1971	$0.0468	$0.0799
1970	$0.0378	$0.0436

Why did sugar become so cheap?

Sugar is inexpensive because the process for extracting it, typically from either beets or sugar cane, has been made very efficient. Historically, refined sugar (table sugar) was very expensive, because the extraction process was labor intensive and inefficient.

How much did butter cost in 1960?

Retail Prices of Selected Foods in U.S. Cities, 1890? 2015

Year	Flour (5 lbs)	Butter (lb)
1960	55.4	74.9
1955	53.8	70.9
1950	49.1	72.9
1945	32.1	50.7

What would a dollar buy in 1960?

$1 in 1960 is equivalent in purchasing power to about $9.22 today, an increase of $8.22 over 61 years. The dollar had an average inflation rate of 3.71% per year between 1960 and today, producing a cumulative price increase of 822.31%.

How much did a dozen eggs cost in 1970?

1970: 60 cents At the dawn of the ’70s, a dozen eggs cost 60 cents. Orville Redenbacher’s popcorn and Hamburger Helper were the primary culinary innovations of the year.

How much did sugar cost in 1940?

Retail Prices of Selected Foods in U.S. Cities, 1890? 2015

Year	Flour (5 lbs)	Sugar (5 lbs)
1945	32.1	33.4
1940	21.5	26.0
1935	25.3	28.2
1930	23.0	30.5

What was the price of sugar in 1979?

Interactive chart of historical daily sugar prices back to 1979. The price shown is in U.S. Dollars per pound. The current price of sugar as of April 08, 2020 is $0.1037 per pound. We Need Your Support! Backlinks from other sites are the lifeblood of our site and our primary source of new traffic.

Why did the price of sugar go up last year?

Bad weather and a weak dollar helped boost the commodity’s price. Swings like last year’s are not new to the world sugar markets. Following decades of relative calm, the last 15 years have seen major ups and downs in the price of sugar.

How much did a pound of ice cream cost in 1960?

Fast Food Hamburger: 20 cents Frozen French Fried Potatoes: 10 cents for 8 ounces Gerbers Baby Food: 25 cents for 3 Ice Cream: 79 cents half gallon Jello: 35 cents for 4 packs Kraft Miracle Whip: 51 cents Skippy Peanut Butter: 79 cents Sugar: 38 cents for 5 pounds Toothpaste Crest: 50 cents Watermelon: 2 1/2 cents per pound

How much did a pound of oranges cost in 1960?

Oranges: 89 cents for 2 dozen Oven ready Turkeys: 39 cents per pound Minimum Wage: $1.25 A Gallon of Milk:$0.95 1 Ticket to the Movies: $1.00 1 Dozen Eggs: $0.53 One regular size bottle of Heinz ketchup: 22 cents One-ounce Hershey bar: 5 cents Pound of pork chops: $1.03 Pound of sirloin steak: 85 cents Six-pack of Pepsi: 59 cents

What was the price of candy in the 1960s?

Candy bars were about 5-10 cents in the 1960s. The price rose at the end of the decade. Now, the same candy bars are around $1-2. Read on to the next page to find out what else is on this list!