What things cost in 1970

In 1970, the average U.S. salary was $6,186 a year, a gallon of regular gas cost $0.36 and median rent was $108 a month. A dollar from 1970 buys what $8.64 buys today.

Item19701970 in today’s dollarsSep 2026
SalaryAverage yearly wage$6,186$53,458$74,400
Payroll taxSocial Security and Medicare, employee share, yearly, on the average wage$297$2,566$5,692
A dozen eggsGrade A large, grocery store$0.61$5.27$3.80
A gallon of milkWhole milk, grocery store$1.15$9.94$4.15
Big MacSandwich only; sold nationally since 1968$0.55$4.75$6.05
Ham & cheese sandwich groceries1 lb white bread, 1 lb sliced ham, 1 lb American cheese$2.14$18.49$13.60
Tank of gas15 gallons of regular unleaded$5.40$46.67$66.60
Car insuranceAverage yearly premium$150$1,296$1,740
Monthly rentMedian rent including utilities$108$933$1,560
Monthly mortgage paymentMedian home, 20% down, 30-yr fixed, with taxes and insurance$166$1,435$2,721
Property taxAverage yearly bill on a single-family home$430$3,716$4,380
A movie ticketAverage admission, all showtimes$1.55$13.39$11.55
A pack of cigarettesPremium brand, including state taxes$0.38$3.28$8.65
A night in a hotelMid-range room, average nightly rate$20.00$173$164
Cable TV billMonthly expanded basic package$5.00$43.21$108
MLB game ticketAverage non-premium seat$2.75$23.76$39.50
A year of public universityIn-state tuition and fees, four-year public$360$3,111$11,800
Having a baby in hospitalUncomplicated delivery, billed charges$650$5,617$15,700
A weddingCeremony and reception, not counting the ring$1,800$15,555$34,700
Cross-country flightRound trip coach, New York to Los Angeles$215$1,858$435
A first-class stampOne ounce, the price posted by the USPS$0.06$0.52$0.78

U.S. prices at midyear 1970. ≈ marks estimates between data points; each item’s page lists its sources. Today’s dollars use the Consumer Price Index (CPI-U).