What things cost in 1973

In 1973, the average U.S. salary was $7,580 a year, a gallon of regular gas cost $0.39 and median rent was about $139 a month. A dollar from 1973 buys what $7.55 buys today.

Item19731973 in today’s dollarsSep 2026
SalaryAverage yearly wage$7,580$57,243$74,400
Payroll taxSocial Security and Medicare, employee share, yearly, on the average wage$443$3,349$5,692
A dozen eggsGrade A large, grocery store≈$0.67≈$5.07$3.80
A gallon of milkWhole milk, grocery store≈$1.27≈$9.59$4.15
Big MacSandwich only; sold nationally since 1968≈$0.61≈$4.59$6.05
Ham & cheese sandwich groceries1 lb white bread, 1 lb sliced ham, 1 lb American cheese≈$2.72≈$20.57$13.60
Tank of gas15 gallons of regular unleaded$5.85$44.18$66.60
Car insuranceAverage yearly premium≈$178≈$1,346$1,740
Monthly rentMedian rent including utilities≈$139≈$1,052$1,560
Monthly mortgage paymentMedian home, 20% down, 30-yr fixed, with taxes and insurance≈$205≈$1,549$2,721
Property taxAverage yearly bill on a single-family home≈$530≈$4,005$4,380
A movie ticketAverage admission, all showtimes≈$1.83≈$13.81$11.55
A pack of cigarettesPremium brand, including state taxes≈$0.44≈$3.29$8.65
A night in a hotelMid-range room, average nightly rate≈$25.51≈$193$164
Cable TV billMonthly expanded basic package≈$5.85≈$44.20$108
MLB game ticketAverage non-premium seat≈$3.07≈$23.17$39.50
A year of public universityIn-state tuition and fees, four-year public≈$438≈$3,311$11,800
Having a baby in hospitalUncomplicated delivery, billed charges≈$835≈$6,308$15,700
A weddingCeremony and reception, not counting the ring≈$2,287≈$17,273$34,700
Cross-country flightRound trip coach, New York to Los Angeles≈$252≈$1,902$435
A first-class stampOne ounce, the price posted by the USPS$0.08$0.60$0.78

U.S. prices at midyear 1973. ≈ marks estimates between data points; each item’s page lists its sources. Today’s dollars use the Consumer Price Index (CPI-U).