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(#9) Bacon
1940: $0.27/pound
1940 Adjusted For Inflation: $5.01
2020: $5.50
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(#13) Navy Beans
1940: $0.06/pound
1940 Adjusted For Inflation: $1.11
2020: $1.43 (all bean types)
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(#1) Bananas
- Film
1940: $0.06/pound
1940 Adjusted For Inflation: $1.11
2020: $0.57
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(#7) Rice
1940: $0.08/pound
1940 Adjusted For Inflation: $1.48
2020: $0.07
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(#4) Steak
1940: $0.36/pound
1940 Adjusted For Inflation: $6.68
2020: $5.96
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(#11) Cheese
1940: $0.26/pound
1940 Adjusted For Inflation: $4.83
2020: $5.20 (price for Chedder)
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About This Tool
Do you miss your childhood? What impressed the younger generation most was the gradual rise in grocery store items costs. In the 1940s, people could buy a pound of bananas for 0.5 dollars or a dozen of eggs for 1.5 dollars, but these prices were already only in history. Why in the memory of the grocery store goods were cheaper than it is now, many people may have forgotten an important factor, inflation.
We compared the price difference of some grocery store goods between 1940 and 2020. You don't need to check the generator and could know that the prices of milk, rice, and more grocery store items have risen sharply.
Our data comes from Ranker, If you want to participate in the ranking of items displayed on this page, please click here.