For a snapshot of grocery prices sixty years ago, these ads appeared in the January 27, 1964, issue of the Pittsburgh Post Gazette.
Some of these prices look like a bargain, but there’s been a lot of inflation since 1964. In fact, 1964 was the last year that American coins were made out of silver. So one dollar meant one silver dollar, or four silver quarters, or ten silver dimes, each about one ounce of silver. Today, that ounce of silver is worth about $23, so you can multiply these prices by 23 for a fairly good idea of the value in today’s money. So the hamburger for 39 cents a pound is about the same as $9 per pound today.
If you were shopping for dinner 60 years ago, what would you buy?