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(#8) Ground Beef
1970: $0.66/pound
1970 Adjusted For Inflation: $4.49/pound
2020: $4.30/pound
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(#2) Bacon
1970: $0.94/pound
1970 Adjusted For Inflation: $6.39/pound
2020: $5.47/pound
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(#11) Coffee
1970: $0.91/pound
1970 Adjusted For Inflation: $6.19/pound
2020: $4.05/pound
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(#1) A Dozen Eggs
1970: $0.61/dozen
1970 Adjusted For Inflation: $4.15/dozen
2020: $1.53/dozen
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(#7) Ice Cream
1970: $0.84/half gallon
1970 Adjusted For Inflation: $5.71/half gallon
2020: $4.74/half gallon
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(#4) Milk
1970: $0.57/half gallon
1970 Adjusted For Inflation: $3.88/half gallon
2020: $1.59/half gallon
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About This Tool
In the 1970s, the rapid economic development brought the supermarket industry into a boom period of rapid expansion. The supermarket format also began to be further subdivided, with discount supermarkets represented by Walmart and Kroger, and grocery supermarkets represented by Costco, etc., most of the grocery stores sells daily necessities, and people are very sensitive to the price of daily necessities, so affordable prices are the basis for the rapid development of grocery stores.
With inflation and other factors, the prices of various products have been constantly changing for decades, and people can no longer have 1dozen eggs by 0.61pound today. Are you curious about the changes in grocery store items' prices in 2020 and 1970? Our random tool will show you 17 items here.
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