What things cost in 1986

In 1986, the average U.S. salary was $17,322 a year, a gallon of regular gas cost $0.86 and median rent was about $368 a month. A dollar from 1986 buys what $3.08 buys today.

Item19861986 in today’s dollarsOct 2026
SalaryAverage yearly wage$17,322$53,303$74,499
Payroll taxSocial Security and Medicare, employee share, yearly, on the average wage$1,239$3,811$5,699
A dozen eggsGrade A large, grocery store≈$0.93≈$2.87$3.80
A gallon of milkWhole milk, grocery store≈$1.91≈$5.88$4.03
Thanksgiving dinner for 10The Farm Bureau’s basket: turkey, sides and pie$28.74$88.44$55.94
Big MacSandwich only; sold nationally since 1968$1.60$4.92$6.06
Ham & cheese sandwich groceries1 lb white bread, 1 lb sliced ham, 1 lb American cheese≈$5.59≈$17.19$13.67
Tank of gas15 gallons of regular unleaded$12.90$39.70$66.06
Car insuranceAverage yearly premium≈$426≈$1,312$1,736
Monthly rentMedian rent including utilities≈$368≈$1,131$1,565
Monthly mortgage paymentMedian home, 20% down, 30-yr fixed, with taxes and insurance$663$2,041$2,787
Property taxAverage yearly bill on a single-family home≈$1,004≈$3,088$4,406
A movie ticketAverage admission, all showtimes≈$3.53≈$10.86$11.60
A pack of cigarettesPremium brand, including state taxes≈$1.14≈$3.51$8.72
A night in a hotelMid-range room, average nightly rate≈$53.48≈$165$163
Cable TV billMonthly expanded basic package≈$10.85≈$33.39$108
MLB game ticketAverage non-premium seat≈$6.44≈$19.80$42.50
Daycare for one toddlerFull-time, licensed center, monthly≈$276≈$849$1,382
A year of public universityIn-state tuition and fees, four-year public≈$1,403≈$4,316$11,993
Having a baby in hospitalUncomplicated delivery, billed charges≈$2,702≈$8,314$15,800
A weddingCeremony and reception, not counting the ring≈$8,707≈$26,793$34,802
Cross-country flightRound trip coach, New York to Los Angeles≈$426≈$1,310$444
A first-class stampOne ounce, the price posted by the USPS$0.22$0.68$0.78

U.S. prices at midyear 1986. ≈ marks estimates between data points; each item’s page lists its sources. Today’s dollars use the Consumer Price Index (CPI-U).