Prices in 1970

07/18/10

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Prices in 1970

 

 
 

1970 Economy / Prices

 

 

President: Richard M. Nixon
Vice President: Spiro T. Agnew

Population: 205,052,174
Life expectancy: 70.8 years

Dow-Jones
High: 842
Low: 669

Federal spending: $195.65 billion
Federal debt: $380.9 billion
Inflation: 6.5%
Consumer Price Index: 38.8
Unemployment: 3.5%


Cost of a new home: $26,600.00
Median Household Income: $8,734.00
Cost of a first-class stamp: $0.06
Cost of a gallon of regular gas: $0.36
Cost of a dozen eggs: $0.62
Cost of a gallon of Milk: 1.15