What things cost in 2007

In 2007, the average U.S. salary was $40,405 a year, a gallon of regular gas cost $2.80 and median rent was about $776 a month. A dollar from 2007 buys what $1.62 buys today.

Item20072007 in today’s dollarsSep 2026
SalaryAverage yearly wage$40,405$65,354$74,400
Payroll taxSocial Security and Medicare, employee share, yearly, on the average wage$3,091$5,000$5,692
A dozen eggsGrade A large, grocery store≈$1.41≈$2.28$3.80
A gallon of milkWhole milk, grocery store≈$3.14≈$5.08$4.15
Thanksgiving dinner for 10The Farm Bureau’s basket: turkey, sides and pie≈$39.32≈$63.60$55.90
Big MacSandwich only; sold nationally since 1968≈$3.39≈$5.49$6.05
Ham & cheese sandwich groceries1 lb white bread, 1 lb sliced ham, 1 lb American cheese≈$9.05≈$14.63$13.60
Tank of gas15 gallons of regular unleaded$42.00$67.93$66.60
Car insuranceAverage yearly premium≈$815≈$1,318$1,740
Monthly rentMedian rent including utilities≈$776≈$1,256$1,560
Monthly mortgage paymentMedian home, 20% down, 30-yr fixed, with taxes and insurance$1,329$2,149$2,721
Property taxAverage yearly bill on a single-family home≈$2,603≈$4,210$4,380
A movie ticketAverage admission, all showtimes≈$6.97≈$11.27$11.55
A pack of cigarettesPremium brand, including state taxes≈$4.68≈$7.57$8.65
A night in a hotelMid-range room, average nightly rate≈$96.97≈$157$164
Cable TV billMonthly expanded basic package≈$46.65≈$75.45$108
MLB game ticketAverage non-premium seat≈$23.75≈$38.42$39.50
Daycare for one toddlerFull-time, licensed center, monthly≈$687≈$1,110$1,370
A year of public universityIn-state tuition and fees, four-year public≈$6,260≈$10,125$11,800
Family health premiumEmployer plan, total monthly cost incl. employer share≈$981≈$1,587$2,240
Having a baby in hospitalUncomplicated delivery, billed charges≈$8,788≈$14,214$15,700
A weddingCeremony and reception, not counting the ring≈$22,779≈$36,844$34,700
Cross-country flightRound trip coach, New York to Los Angeles≈$406≈$657$435
A first-class stampOne ounce, the price posted by the USPS$0.41$0.66$0.78

U.S. prices at midyear 2007. ≈ marks estimates between data points; each item’s page lists its sources. Today’s dollars use the Consumer Price Index (CPI-U).