In 1976 the United States celebrated its bicentennial. Here is a look at how much things cost 40 years ago!
(1)
Want to watch a movie at home? There’s a new invention called a VCR that sells for a mere $1,600.
(2)
Rather attend the theater to see the year’s hottest flicks, like Rocky or Network? A movie ticket costs $2.25.
(3)
Average household income: $12,700.
(4)
New house: $48,000 (avocado Formica countertop extra).
(5)
Minimum wage: $2.30/hour.
(6)
A new Chrysler Cordoba (with “rich Corinthian leather”) will set you back $5,000.
(7)
Whether for use on the street or in the disco, a pair of new roller skates costs $5.
(8)
Average tuition at a private college: $2,500 per year.
(9)
Ticket to Super Bowl X: $20 (Steelers 21, Cowboys 17).
https://www.youtube.com/watch?v=h4vSaz8PY8M
(10)
Alex Haley’s Roots is one of the bestselling novels of the year. A hardbound copy runs $12.50.
(11)
The year’s biggest albums are available on 8-track. Cost of the Eagles’ Hotel California or Peter Frampton’s Frampton Comes Alive!: $7.
(12)
Red meat is good for you. Get a cheeseburger at McDonald’s for 48¢.
(13)
Watch Farrah Fawcett on Charlie’s Angels with a $600, 24-inch color TV. (Or you could be like the five million others in 1976 who dropped $2.00 on her swimsuit poster.)
(14)
Average prices: First-class stamp 13¢; Gallon of gas: 59¢; Dozen eggs: 84¢; Loaf of bread: 30¢; Bananas (per pound): 13¢
(15)
Jimmy Carter and Gerald Ford spent a combined $160 million on their presidential campaigns.
(16)
How much for a minivan, CD, Apple computer, SUV, or a cup of coffee at Starbucks? $0. They didn’t exist in 1976.