Well, today is my birthday. I am 64 years old and I feel much younger than that, until I walk on my sore knee.
I am very glad and happy for every year God gives me. So with that in mind here are a few statistics and facts from 1953, my birth year.
The Value of a dollar in 1953 –
U.S. Inflation Rate, 1953-2016 ($100) According to the Bureau of Labor Statistics, the dollar experienced an average inflation rate of 3.55% per year. Prices in 2016 are 798.9% higher than prices in 1953. In other words, $100 in the year 1953 is equivalent to $898.90 in 2016, a difference of $798.90 over 63 years.
- House: $17,400
- Average income: $4,011
- Ford Car: $1,537 – $2,403
- Milk. $.94 a gallon
- Gas $.22 a gallon
- Bread: $.16
- Postage stamp: $.03
- 10 lb bag of C&H Sugar: $.89
- 12 oz jar of Libby’s pickles $.25
- 16 oz jar of Kraft Cheese Whiz: $.57
- Head of Romaine Lettuce $.10
Online Reference: http://www.in2013dollars.com/1953-dollars-in-2016
Suddenly, I’m feeling old. I gotta go to the drug store, oops, I mean to the pharmacy and get some liniment for my knee.
Wow! No matter, life goes on; and God, family, friends, and other loved ones make it all worthwhile.