How much did milk cost in 1800s?
Prices for 1860, 1872, 1878 and 1882 — Groceries, Provisions, Dry Goods & More
PROVISIONS | ||
---|---|---|
QUANTITIES | ARTICLES | AVERAGE RETAIL PRICES (standard gold) |
Pound | Cheese | $0.12 |
Bushel | Potatoes | $0.98 |
Quart | Milk | $0.05 |
What was the average daily wage in 1880?
Averages. If you worked in manufacturing (as many did during this period of mechanization), you could have expected to make approximately $1.34 a day in 1880, which adds up to $345 annually for an average 257 days of work in a given year.
What was the price of milk in 1930s?
1930: 26¢ per gallon. In the Roaring ’20s, milk was 35¢ or so 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.
What was the price of milk in 1997?
Between 1997 and 2021: Milk experienced an average inflation rate of 1.72% per year . In other words, milk costing $5 in the year 1997 would cost $7.53 in 2021 for an equivalent purchase.
What caused the price of milk to increase in 1946?
The demand for milk increased, and so did prices. In 1946, the federal government passed the National School Lunch Act, which required that every school lunch include 1/2 to 2 pints of whole milk. The price of milk skyrocketed by 20 cents in five years.
How much was a gallon of milk in the 1970s?
By 1970, milk prices had reached $1.32 per gallon, right on par with the rate of inflation. Help yourself to this collection of school lunch recipes —it will take you right back to your elementary school cafeteria! 1975: $1.57 per gallon Inflation reached unusually high levels in the mid to late 1970s.