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What Things Cost in 1949:
Car: $1,650
Gasoline: 26 cents/gal
House: $14,500
Bread: 14 cents/loaf
Milk: 84 cents/gallon
Postage Stamp: 3 cents
Stock Market: 200
Average Annual Salary: $3,600
Minimum Wage: 40 cents per hour
Also in 1949…. By August, 2,000,000 sets in US, with 720,000 in New York city alone. RCA steps up the development of its all-electronic color system. TV sales expand at a rapid rate -- are 600% ahead of 1948. DuMont 20" set is reduced to $999. Laws prohibiting the installation of TVs in automobiles are enacted. Captain Video debuts on the DuMont Network. Howdy Doody merchandising tops $11 million for the year.
Read more about the campaign to empower and educate parents about how they can better monitor and supervise their's children's television consumption.
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Most sellers think they know at least a ballpark figure for their house, but most are way off. Get a true gauge on just what your home is worth. Full Story ››