Americans were on the move and car sales were there to prove it. - White bread (1 pound): $0.36 ($1.55 in todays dollars) - Fresh eggs (1 dozen): $0.49 ($3.82 in todays dollars) Adding to the employment crisis was the rise in people who had exhausted their unemployment benefitsup more than 2.3 million from the previous year. - Potatoes (10 pounds): $0.50 ($5.84 in todays dollars) - Fresh grocery milk (1/2 gallon): $1.42 ($2.83 in todays dollars). Individuals saw their income taxes increase by 10%. - White bread (1 pound): $0.61 ($1.34 in todays dollars) To that end, most Stacker stories are freely available to Recession recovery continued, with the rate of layoffs decreasing. - Sliced bacon (1 pound): $0.88 ($6.24 in todays dollars) - White bread (1 pound): $0.56 ($1.33 in todays dollars) - Potatoes (1 pound): $0.72 ($0.76 in todays dollars) The economy continued to improve, with the value of the dollar soaring. Defense jobs often paid workers more than they had ever earned before, allowing them the ability to save up or pay off debts. And though prices increased 6% from the year before, the median family income also increased 9%, giving workers about $450 more in purchasing power. - Sliced bacon (1 pound): $0.65 ($6.38 in todays dollars) - Fresh delivered milk (1/2 gallon): $0.46 ($4.60 in todays dollars). - White bread (1 pound): $0.18 ($1.72 in todays dollars) - Fresh delivered milk (1/2 gallon): $0.53 ($4.45 in todays dollars). Publications that use this data. - Sliced bacon (1 pound): $0.34 ($6.02 in todays dollars) - White bread (1 pound): $0.54 ($1.41 in todays dollars) - Sliced bacon (1 pound): $0.96 ($5.98 in todays dollars) - Fresh grocery milk (1/2 gallon): $1.56 ($2.59 in todays dollars). Britain imported - Sliced bacon (1 pound): $0.80 ($5.14 in todays dollars) The legislation would go on to create 9.3 million jobs. - Potatoes (1 pound): $0.53 ($0.68 in todays dollars) The list of food that required vouchers expanded to include meat, cheese, fats, canned fish, and canned milk. With the coronavirus wreaking havoc across the globe, Americans have been feeling the pinch not only in their paychecks, but their wallets, as the pandemics disruptions on the economy have caused an increase in the price of goods. - Potatoes (10 pounds): $1.50 ($6.44 in todays dollars) - Potatoes (1 pound): $0.39 ($0.61 in todays dollars) - Round steak (1 pound): $5.68 ($6.24 in todays dollars) - Round steak (1 pound): $0.76 ($8.87 in todays dollars) With 10 million Americans unemployed, a record $290 billion deficit and sluggish job creation, voters were looking for a president who could revive the economy. The economy was a central tenant for the newly elected President Reagen, who implemented a series of tax cuts in the hopes of encouraging consumers to spend more, thereby stimulating business growth and hiring. GDP decreased by 3.4% and unemployment was 5.6%. President Hoovers attempts to help the millions in need came a little too late however, as he lost to Democratic challenger Franklin Delano Roosevelt in the November elections. - Potatoes (10 pounds): $0.76 ($5.68 in todays dollars) - Round steak (1 pound): $3.12 ($6.55 in todays dollars) - Fresh delivered milk (1/2 gallon): $0.57 ($4.44 in todays dollars). - Round steak (1 pound): $4.24 ($5.13 in todays dollars) - Sliced bacon (1 pound): $1.99 ($3.49 in todays dollars) - Potatoes (10 pounds): $0.65 ($5.53 in todays dollars) That kicked off a week of market losses, all culminating in Black Monday, a monumental collapse that left the Dow Jones Industrial Average losing 509 points in a single trading session. A dozen eggs - Round steak (1 pound): $0.92 ($8.97 in todays dollars) Compares pre- and post-WWI wages, union rates, farm wage rates, hours of work, and average weekly earnings by industry. - White bread (1 pound): $0.09 ($1.40 in todays dollars) Stacker distribution partners receive a license to all Stacker stories, The plan worked, with the recession ending by April; however, average unemployment for the year was 6.8%. Strong economic growth, stable prices for goods and services, and record-low unemployment at 4.2% made the U.S. economy look like an Energizer Bunny on steroids, according to CNN Money. The economy grew 2.9%, as consumers increased their spending 1.9%. - Round steak (1 pound): $0.35 ($6.46 in todays dollars) - Sliced bacon (1 pound): $2.12 ($4.22 in todays dollars) In the midst of a recession, 2008 saw unemployment at 5.8% and American families taking in $61,932, less than they did in 2007. - White bread (1 pound): $0.08 ($1.37 in todays dollars) In an effort to combat rising inflation and create jobs, President Richard Nixon signed an executive order in August, authorizing temporary wage and price controls. - Sliced bacon (1 pound): $3.66 ($4.59 in todays dollars) - Fresh grocery milk (1 gallon): $3.80 ($4.59 in todays dollars). The economy did better than expected, with inflation below 1.5% and unemployment averaging at around 5.8%. - Sliced bacon (1 pound): $1.94 ($5.07 in todays dollars) - Sliced bacon (1 pound): $0.32 ($5.99 in todays dollars) The unemployment rate fell to 3.9%, notably the lowest level in a generation. - Fresh delivered milk (1/2 gallon): $0.24 ($4.49 in todays dollars). - Potatoes (10 pounds): $0.57 ($5.28 in todays dollars) - White bread (1 pound): $0.89 ($1.39 in todays dollars) - Potatoes (10 pounds): $1.66 ($8.76 in todays dollars) - Sliced bacon (1 pound): $5.45 ($5.98 in todays dollars) - Potatoes (1 pound): $0.49 ($0.71 in todays dollars) How much did things cost when you were young? - WalesOnline But this isnt the first time the American economy has been shattered by a crisis. - White bread (1 pound): $0.20 ($1.79 in todays dollars) Coming into a new year with a modest recession, newly inaugurated President John F. Kennedy gave the economy a boost with stimulus spending that included tax cuts and the expansion of unemployment and Social Security benefits. Prices - Sliced bacon (1 pound): $0.53 ($7.07 in todays dollars) - Sliced bacon (1 pound): $5.77 ($6.13 in todays dollars) The hardest hit industries were entertainment, personal care and services, and apparel, though consumers did increase their spending slightly for transportation and health care. - Fresh grocery milk (1/2 gallon): $1.39 ($2.50 in todays dollars). Thanks to the implementation of New Deal programs, the economy began to grow, swelling to 10.8%, while unemployment fell to 21.7%. - Sliced bacon (1 pound): $1.99 ($3.40 in todays dollars) - Round steak (1 pound): $0.44 ($7.03 in todays dollars) - Potatoes (1 pound): $0.45 ($0.62 in todays dollars) - Potatoes (10 pounds): $0.34 ($5.43 in todays dollars) [1] Prices are in pounds, shillings and pence. Consumer confidence and spending continued to trend upward, as did debt levels meant to support spending activities. Increasing Soviet-U.S. tensions led to the Truman Doctrine of March 12, 1947, which formalized Americas intent to contain the expansion of Soviet communism and committed the country to the assistance ofdemocratic nations threatened by authoritativeforces. Under FDRs New Deal, Congress also put together several other programs intended to bolster the economy and create jobs, such as the Tennessee Valley Authority and the Civil Works Administration. - Potatoes (10 pounds): $0.82 ($5.82 in todays dollars) How have prices changed over time? | Bank of England The economy grew at a rate of over 5%. Meanwhile, unemployment throughout the country continued to decrease, falling to 20.1%, while the economy grew 8.9%. distribution partner, email us at - Potatoes (10 pounds): $0.68 ($6.51 in todays dollars) - Sliced bacon (1 pound): $0.67 ($6.71 in todays dollars) To accommodate for the smaller paycheck, consumers began switching to lower-priced brandsa trend that continued past the recession as consumers found themselves pleasantly surprised at how much they enjoyed the less expensive products. - Fresh delivered milk (1/2 gallon): $0.47 ($4.58 in todays dollars). - Fresh delivered milk (1/2 gallon): $0.35 ($4.67 in todays dollars). - Sliced bacon (1 pound): $0.43 ($6.70 in todays dollars) And while Americans were making more than before, they were also borrowing more, carrying large debts for cars and education. storytelling. Retail sales also weakened, as consumers were confronted with rising payments on record debt accumulated over the past several years. - Potatoes (1 pound): $0.26 ($0.57 in todays dollars) - Sliced bacon (1 pound): $3.25 ($4.78 in todays dollars) However, unemployment decreased to 7.4%. That increase helped account for higher insurance rates, due to an increase in natural disasters, distracted driving accidents and costlier vehicle repairs. - Fresh eggs (1 dozen): $0.72 ($7.78 in todays dollars) By the end of the year, Americans were required to use government-issued vouchers to purchase sugar and coffee, as well as gas and clothing. The price of goods also increased 1.5%. The subprime mortgage crisis had a domino effect on the economy. - Fresh eggs (1 dozen): $0.79 ($3.15 in todays dollars) While the future looked bright, the Vietnam War and President Johnsons Great Society programsaimed at addressing poverty through measures like welfare, housing and community developmentsoon saw federal spending and debt increase significantly. - Round steak (1 pound): $1.09 ($10.91 in todays dollars) - Round steak (1 pound): $3.12 ($5.18 in todays dollars) - Potatoes (10 pounds): $0.75 ($6.03 in todays dollars) - Round steak (1 pound): $4.79 ($5.43 in todays dollars) - White bread (1 pound): $0.16 ($1.56 in todays dollars) - Fresh grocery milk (1 gallon): $3.20 ($3.47 in todays dollars). - Fresh grocery milk (1 gallon): $2.70 ($4.31 in todays dollars). - White bread (1 pound): $0.28 ($1.64 in todays dollars) - Fresh delivered milk (1/2 gallon): $0.26 ($4.83 in todays dollars). - Sliced bacon (1 pound): $0.67 ($7.33 in todays dollars) - Potatoes (1 pound): $0.24 ($0.60 in todays dollars) The nations median household income also climbed to $30,056. - Potatoes (10 pounds): $0.19 ($3.61 in todays dollars) - Round steak (1 pound): $4.13 ($5.69 in todays dollars) - Fresh grocery milk (1/2 gallon): $0.86 ($3.43 in todays dollars). You may also like: The top 50 party schools in America, - Fresh eggs (1 dozen): $0.61 ($5.92 in todays dollars) [1] Prices are in pounds, shillings and pence. - Fresh delivered milk (1/2 gallon): $0.51 ($4.59 in todays dollars). Meanwhile, the private-sector economy flourished, with private investments rising 156%. Disposable income soared in 2004, trending $40 billion higher than in 2003. Some shops priced more expensive items in guineas. - Fresh grocery milk (1 gallon): $3.49 ($3.96 in todays dollars). - Potatoes (10 pounds): $0.68 ($4.37 in todays dollars) The legislation cut payroll taxes in half, providing businesses tax credits for hiring veterans and long-term unemployed workers, and made it easier for entrepreneurs and small businesses to get funding. - Fresh delivered milk (1/2 gallon): $0.52 ($4.53 in todays dollars). He also increased the minimum wage to $1.15 per hour. The countries traded skis, whiskey, fur and computers, among other goods. Personal bankruptcy rates also reached record highs by 2001, in part due to the rising cost of college. - White bread (1 pound): $0.14 ($1.53 in todays dollars) People became increasingly frustrated with the lack of federal aid, and homeless families began to live in shelters in communities called Hoovervilles. The tumultuous year was capped off by the collapse of the Bank of the United States, the largest single bank failure in the countrys history. - Fresh grocery milk (1/2 gallon): $1.13 ($2.73 in todays dollars). - Potatoes (10 pounds): $0.51 ($5.11 in todays dollars) - White bread (1 pound): $0.93 ($1.41 in todays dollars) - Round steak (1 pound): $1.48 ($9.22 in todays dollars) - Potatoes (10 pounds): $0.90 ($6.04 in todays dollars) - Round steak (1 pound): $3.38 ($6.27 in todays dollars) What were average prices for basic goods 1943? - Answers - Fresh eggs (1 dozen): $1.00 ($2.51 in todays dollars) Expenditures on other areas, such as food, entertainment and education, also rose slightly. - Fresh grocery milk (1/2 gallon): $1.13 ($2.83 in todays dollars). The year 1950 ushered in the era known as the Golden Age of American capitalism, two decades that saw a huge increase in the middle class, with blue-collar workers purchasing homes and buying appliances and cars with their rising wages. The Federal Reserve began slowly raising interest rates following the end of the previous recession in 1958, leading to another short-lived recession in April. Increased wage rates and higher employment led to men earning more than they ever had before, with the average median income a record level of $3,400, a $160 increase from the previous year. To help finance the war effort, Americans purchased war bonds, sold at 75% of their face value in denominations of $25 up to $10,000. - Potatoes (1 pound): $0.83 - Round steak (1 pound): $4.28 ($5.11 in todays dollars) - Fresh eggs (1 dozen): $0.60 ($4.82 in todays dollars) WebThe cost of buying a house on a mortgage was 6% in 1961. Making matters worse were accounting scandals at firms such as Enron and Swissair, which prompted another stock market crash. - Round steak (1 pound): $3.10 ($5.03 in todays dollars) - Fresh grocery milk (1 gallon): $3.04 ($3.09 in todays dollars). - White bread (1 pound): $1.21 ($1.52 in todays dollars) - Sliced bacon (1 pound): $3.20 ($4.53 in todays dollars) - Potatoes (10 pounds): $0.47 ($6.27 in todays dollars) The recession ended in June, thanks in part to a $700 billion bailout of the financial industry and insurance and automobile companies as well as the passage of the American Recovery and Reinvestment Act, a nearly $800 billion government stimulus package. Can you guess the company these real 'Jeopardy!' Bureau of Labor Statistics (BLS) Consumer Price Index, Most common jobs in America 100 years ago, The cost of a beer the year you turned 21, History of the supermarket industry in America, Iconic images from economic recessions in U.S. history, 15 charities where you can see your direct impact. - Fresh grocery milk (1/2 gallon): $1.12 ($3.21 in todays dollars). You may also like: How U.S. labor productivity has changed since 1950. - Potatoes (10 pounds): $0.63 ($5.43 in todays dollars) In November, President Bill Clinton was elected to a second term, and the stock market grew at a rapid clip following the election. - Fresh eggs (1 dozen): $0.87 ($2.07 in todays dollars) List of 1941 Major News Events in History - The People History - Round steak (1 pound): $5.83 ($5.94 in todays dollars) Inflation went up to 11.2% and interest rates soared to 20%. - White bread (1 pound): $1.33 ($1.41 in todays dollars) He also implemented a 10% import surcharge to protect American businesses from a predicted shift in exchange rates and help stabilize the dollar. The economy continued to grow at a modest pace. In The GOP also approved sweeping tax reform, decreasing the corporate tax rate to 21% and eliminating the Affordable Care Acts individual mandate provisions. Quiz reveals how much How much did items cost in the UK in WW2? (And I dont The overthrow of the Shah of Iran led to the reduction of shipments of crude oil to the United States, resulting in high gas prices. - Fresh eggs (1 dozen): $0.40 ($7.08 in todays dollars) - Round steak (1 pound): $3.40 ($6.12 in todays dollars) - White bread (1 pound): $0.08 ($1.52 in todays dollars) The price of things: In 1963 a gallon of petrol cost 5 shillings. WebWhat it cost - 1940 Rowntree's Cocoa, 6d (2p) per lb. - Fresh grocery milk (1/2 gallon): $1.37 ($2.62 in todays dollars). - Round steak (1 pound): $1.76 ($7.56 in todays dollars) - White bread (1 pound): $0.08 ($1.50 in todays dollars) - Sliced bacon (1 pound): $2.54 ($4.06 in todays dollars) Consumer confidence was also at a high, with 80% of people not worried about losing their jobs and incomes rising among families in every wage bracket. - Sliced bacon (1 pound): $2.55 ($3.98 in todays dollars) Americans were also more financially secure, with only 28% of respondents to a McKinsey U.S. Consumer Sentiment Survey saying they lived paycheck to paycheck, down from 40% the year prior. - White bread (1 pound): $0.07 ($1.40 in todays dollars) - Fresh eggs (1 dozen): $0.90 ($2.58 in todays dollars) - Fresh eggs (1 dozen): $0.92 ($1.57 in todays dollars) - Sliced bacon (1 pound): $1.71 ($7.82 in todays dollars) - Round steak (1 pound): $1.06 ($9.02 in todays dollars) - Fresh eggs (1 dozen): $0.62 ($4.40 in todays dollars) - Fresh delivered milk (1/2 gallon): $0.50 ($4.63 in todays dollars). At the presidents request, Congress approved $3.75 billion in federal spending to jump-start the economy in April. In doing so, youre agreeing to the below guidelines. The unemployment rate was 5.3%the lowest it had been since 1974and consumers were also spending more, with real final sales growing 4% throughout the year. - Sliced bacon (1 pound): $0.67 ($5.63 in todays dollars) However, this year was also marked by the burst of the dot-com bubble, when Nasdaq lost more than 75% of its value and a slew of internet companies went bankrupt. - Fresh delivered milk (1/2 gallon): $0.53 ($4.38 in todays dollars). - Potatoes (10 pounds): $0.72 ($6.33 in todays dollars) - Round steak (1 pound): $3.32 ($6.61 in todays dollars) You may also like: The top women CEOs in America, - Fresh eggs (1 dozen): $0.91 ($1.38 in todays dollars) - White bread (1 pound): $0.97 ($1.34 in todays dollars) Inflation also hovered around 4% throughout the year. 1 In 1940, minimum wage was $0.30 per hour. - Fresh eggs (1 dozen): $0.86 ($1.60 in todays dollars) The food at home price index, which includes the cost of items such as cereal, meats, fruits and vegetables, and nonalcoholic beverages, increased 4.3% from March 2020 to June 2020, after rising only 1.1% over the previous 12 months. - Fresh eggs (1 dozen): $0.86 ($1.51 in todays dollars) - Potatoes (10 pounds): $0.23 ($4.60 in todays dollars) - Round steak (1 pound): $0.39 ($6.91 in todays dollars) They were also heading to the stores, with strong retail sales reported throughout the year. - Fresh eggs (1 dozen): $1.68 ($2.11 in todays dollars) - Potatoes (10 pounds): $0.75 ($5.84 in todays dollars) However, they saw some relief in the form of a tax cut, proposed by President Gerald Ford and approved by Congress in March. You may also like: Most popular college majors in America, - Fresh eggs (1 dozen): $0.33 ($6.14 in todays dollars) - White bread (1 pound): $0.14 ($1.51 in todays dollars) Government policies that had raised interest rates had also resulted in higher consumer prices, leading to a decline in spending. WebWhat Things Cost in 1941: Car: $925 Gasoline: .19 cents/gal House: $6,900 Bread: .08 cents/loaf Milk: .34 cents/gal Postage Stamp: .03 cents Stock Market: Dow Jones Index - Round steak (1 pound): $2.89 ($6.62 in todays dollars) Coming off a stock market crash the previous year, the nation was plagued by economic peril. All indicators continued to show a healthy, growing economy, with unemployment at 4.9% and inflation at around 3%. - Fresh delivered milk (1/2 gallon): $0.68 ($4.23 in todays dollars). What was the cost of living in 1948? It seems like the good old days, were really affordable when it comes to house buying with the best year to buy in 1945, with an average property price of - Potatoes (1 pound): $0.37 ($0.65 in todays dollars) - Fresh grocery milk (1 gallon): $3.08 ($3.98 in todays dollars). - Sliced bacon (1 pound): $0.41 ($5.93 in todays dollars) - Round steak (1 pound): $3.13 ($4.89 in todays dollars) - Potatoes (10 pounds): $1.37 ($8.03 in todays dollars) - Fresh delivered milk (1/2 gallon): $0.21 ($3.99 in todays dollars). - Round steak (1 pound): $4.00 ($5.16 in todays dollars) - Potatoes (1 pound): $0.39 ($0.57 in todays dollars) - Round steak (1 pound): $0.43 ($6.70 in todays dollars) - Sliced bacon (1 pound): $1.79 ($7.15 in todays dollars) - Fresh grocery milk (1/2 gallon): $1.43 ($2.44 in todays dollars). - Potatoes (10 pounds): $0.94 ($7.77 in todays dollars) - Round steak (1 pound): $3.24 ($4.90 in todays dollars) - White bread (1 pound): $1.30 ($1.32 in todays dollars) [emailprotected]. The median income for families was $4,200 in 1954, about the same as it was the previous year. - Sliced bacon (1 pound): $3.44 ($4.44 in todays dollars) The war meant that unemployment had virtually disappeared in the United States, as women, minorities, and teenagers joined the labor force in droves, bringing the unemployment rate to 1.2%. - White bread (1 pound): $0.23 ($1.63 in todays dollars) - White bread (1 pound): $0.86 ($1.37 in todays dollars) However, a slight recession began in the country in November, leading into the next year. - White bread (1 pound): $0.09 ($1.35 in todays dollars) - Fresh grocery milk (1 gallon): $2.90 ($3.01 in todays dollars). War and Postwar Wages, Prices, and Hours, 1914-23 and 1939-44 : Bulletin of the United States Bureau of Labor Statistics, No. - Round steak (1 pound): $1.30 ($8.72 in todays dollars) - Sliced bacon (1 pound): $0.81 ($6.06 in todays dollars) - Fresh eggs (1 dozen): $0.37 ($6.83 in todays dollars) Some years the choices have been easier than others with prices low and income high. - White bread (1 pound): $0.16 ($1.60 in todays dollars) Your results for: price of bread - British Newspaper Archive You may also like: Global trade by the numbers, - Fresh eggs (1 dozen): $0.38 ($7.22 in todays dollars) Economic uncertainty among businesses and CEOs grew as the tumultuous presidential race between Hillary Clinton and Donald Trump tightened. - Potatoes (10 pounds): $0.56 ($5.44 in todays dollars) - Fresh eggs (1 dozen): $0.48 ($7.66 in todays dollars) On the bright side, oil and gas prices fell, leading to an increase in disposable income and a growth in consumer spending. - Sliced bacon (1 pound): $0.79 ($7.11 in todays dollars) No longer in a recession and boosted by tax cuts, inflation decreased significantly, coming down to 5.75%. - Round steak (1 pound): $2.90 ($7.58 in todays dollars) - Potatoes (10 pounds): $0.63 ($5.63 in todays dollars) - Fresh eggs (1 dozen): $0.53 ($4.74 in todays dollars) - White bread (1 pound): $0.19 ($1.71 in todays dollars) And in those homes, they put televisions4.4 million Americans had a TV in their home by 1950. - Potatoes (1 pound): $0.21 ($0.57 in todays dollars) In the 1930s, before the outbreak of the Second World War, the population of the United Kingdom was somewhere between 46 million and 52 million. Economists were predicting a year of growth and no recession as the value of the dollar rose. - Round steak (1 pound): $2.91 ($7.29 in todays dollars) - Fresh grocery milk (1 gallon): $2.78 ($4.20 in todays dollars). - Sliced bacon (1 pound): $2.22 ($4.24 in todays dollars) The average house price in Great Britain in 1963 is 3,160. With the war coming to an end, government spending rolled back and interest rates were raised to curb inflation, leading to decreased consumer demand and a recession. - Potatoes (10 pounds): $0.46 ($4.97 in todays dollars) Consumer spending grew and unemployment went down to 5.3%. Stacker believes in making the worlds data more accessible through This was in large part due to rising technology, which was not only making consumers lives easier but making business more efficient. 3 In 1940, milk cost an average of $0.26 per gallon. Contains a supplement for 1941. - Fresh delivered milk (1/2 gallon): $0.63 ($4.47 in todays dollars). The minimum wage was raised 50 cents to $4.75. With 13 million people unemployed and banks in crisis, Franklin Delano Roosevelt had his work cut out for him when he was inaugurated in March 1933. How much did things cost in 1961 - UK - Retrowow - Fresh eggs (1 dozen): $1.22 ($1.63 in todays dollars) Can you live on minimum wage in your state? Before the coronavirus pandemic hit, did you just head to the movies or the bar? - White bread (1 pound): $0.22 ($1.77 in todays dollars) - White bread (1 pound): $0.71 ($1.36 in todays dollars) Wages in 1940s compared to 1910s. - Potatoes (1 pound): $0.25 ($0.59 in todays dollars) and found some prices as follows (from the ads): - Fresh delivered milk (1/2 gallon): $0.31 ($4.58 in todays dollars). - White bread (1 pound): $1.39 ($1.69 in todays dollars) The agency had a special focus on advancing the economic status of African Americans, providing them job training opportunities and advocating for their inclusion in social safety net programs. And for the 80% of men in the workforce who had full-time jobs, that median average was even higher, at $3,900. - White bread (1 pound): $0.54 ($1.35 in todays dollars) restrictions, which you can review below. - Sliced bacon (1 pound): $2.47 ($4.10 in todays dollars) - White bread (1 pound): $0.18 ($1.75 in todays dollars) - Round steak (1 pound): $1.07 ($9.57 in todays dollars) Heading into 2020, the economy was flourishing. - Potatoes (1 pound): $0.38 ($0.65 in todays dollars) I went to the spare room and checked my copy of Radio Times for September 1946 (every home should have one!) 25 July 2005.