Question: What Was A Good Salary In 1930?

How much did milk cost in 1930?

1930: 26¢ per gallon But when the Great Depression hit in 1929, fewer people could afford milk and dairy farmers still had a lot of milk to sell.

The price dropped from 35¢ per gallon to 26¢ per gallon.

It doesn’t sound like much, but 9¢ in 1930 is about $1.09 in today’s dollars..

How much was a radio in the 1930s?

Table 2 Radio Advertising Expenditures in Millions of Dollars, 1927-1940YearAmount in Millions of $192926.8193040.5193156.0193261.910 more rows

How much is $100 in 1930?

In other words, $100 in 1930 is equivalent in purchasing power to about $1,559.21 in 2020, a difference of $1,459.21 over 90 years. The 1930 inflation rate was -2.34%. The current year-over-year inflation rate (2019 to 2020) is now 1.18% 1.

How much did a car cost in 1930?

80 Years of Car & Gas PricesGas Prices (Per Gallon)New Car Prices193010¢$600194011¢$850195018¢$1,510196025¢$2,6005 more rows•Aug 16, 2010

How much did an apple cost in 1930?

By late 1930, corner peddling had moved so many apples that the price of apples as a commodity began to rise. Soon, the apple association was paying $2.50 for boxes of apples it had once sold for $1.75.

How much did a house cost in 1933?

What was the price of a gallon of milk in 1933? — The average annual income was $577. The average cost of a new car was $500 while a new house averaged $3,500. A gallon of milk (mostly sold by the quart) carried a 32 -cent price tag while a gallon of gas was 12 cents.

What was the average salary in 1935?

$474Find a table listing of per capital personal income in the United States from 1935 to the presentYearAmount1935$47419451,22319501,50119551,88115 more rows

What was the average salary in 1932?

WagesWage-earnersAverage wages1932301,3088521931351,5539571930431,4631,00154 more rows•Feb 12, 2009

How much did a house cost in 1930?

While a house bought in 1930 for around $6,000 may be worth roughly $195,000 today, when adjusted for inflation, the appreciation is not as impressive as it seems. Since 1930, inflation-adjusted home values have increased by a modest 127%, or less than 1% each year.

How much did stuff cost in 1930?

Here’s what life was like in 1930. Five gallons of gasoline – 85 cents. One gallon of kerosene – 18 cents. One quart of oil – 15 cents.

What was the average wage in 1938?

Minimum hourly wage of workers in jobs first covered byEffective Date1938 Act 1Oct 24, 1938$0.25Oct 24, 1939$0.30Oct 24, 1945$0.40Jan 25, 1950$0.7525 more rows

What was the cost of living in the 1930s?

In the 1930s, during the great depression $15.50 would be equivalent to one dollar today. Weekly salary was around $12 if you managed to find a job. The cost of living back then was only a fraction of what it is today. The different in average salary is somewhere around $56,000.

What was a good salary in 1920?

In 1920, the Internal Revenue Service reports, the average income was $3,269.40 per year.

What would a dollar buy in 1930?

Value of $1 from 1930 to 2020 In other words, $1 in 1930 is equivalent in purchasing power to about $15.59 in 2020, a difference of $14.59 over 90 years. The 1930 inflation rate was -2.34%. The current year-over-year inflation rate (2019 to 2020) is now 1.18% 1.

What was the hourly wage in 1934?

A study in the Monthly Labor Review from 1936 attempted to gather and analyze wage data of unskilled and semiskilled laborers in 1935. In total, the average entrance rate for common labor was $0.45 an hour, with a low of $0.15 and a high of $0.95….What was an average salary in 1934?WagesWage-earnersAverage wages1933299,1097851932301,3088521 more row•Mar 2, 2020