What things cost in 1992

In 1992, the average U.S. salary was $22,935 a year, a gallon of regular gas cost $1.13 and median rent was about $475 a month. A dollar from 1992 buys what $2.39 buys today.

Item19921992 in today’s dollarsSep 2026
SalaryAverage yearly wage$22,935$54,812$74,400
Payroll taxSocial Security and Medicare, employee share, yearly, on the average wage$1,755$4,193$5,692
A dozen eggsGrade A large, grocery store≈$0.98≈$2.35$3.80
A gallon of milkWhole milk, grocery store≈$2.27≈$5.42$4.15
Thanksgiving dinner for 10The Farm Bureau’s basket: turkey, sides and pie≈$29.16≈$69.70$55.90
Big MacSandwich only; sold nationally since 1968≈$2.25≈$5.37$6.05
Ham & cheese sandwich groceries1 lb white bread, 1 lb sliced ham, 1 lb American cheese≈$6.60≈$15.76$13.60
Tank of gas15 gallons of regular unleaded$16.95$40.51$66.60
Car insuranceAverage yearly premium≈$595≈$1,422$1,740
Monthly rentMedian rent including utilities≈$475≈$1,135$1,560
Monthly mortgage paymentMedian home, 20% down, 30-yr fixed, with taxes and insurance$728$1,740$2,721
Property taxAverage yearly bill on a single-family home≈$1,345≈$3,213$4,380
A movie ticketAverage admission, all showtimes≈$4.28≈$10.22$11.55
A pack of cigarettesPremium brand, including state taxes≈$1.83≈$4.37$8.65
A night in a hotelMid-range room, average nightly rate≈$63.82≈$153$164
Cable TV billMonthly expanded basic package≈$18.82≈$44.97$108
MLB game ticketAverage non-premium seat≈$9.56≈$22.84$39.50
Daycare for one toddlerFull-time, licensed center, monthly≈$376≈$900$1,370
A year of public universityIn-state tuition and fees, four-year public≈$2,219≈$5,303$11,800
Having a baby in hospitalUncomplicated delivery, billed charges≈$4,408≈$10,534$15,700
A weddingCeremony and reception, not counting the ring≈$15,990≈$38,215$34,700
Cross-country flightRound trip coach, New York to Los Angeles≈$446≈$1,066$435
A first-class stampOne ounce, the price posted by the USPS$0.29$0.69$0.78

U.S. prices at midyear 1992. ≈ marks estimates between data points; each item’s page lists its sources. Today’s dollars use the Consumer Price Index (CPI-U).