Money and Prices In The 1930's
Money In the 1930's
During the 1930's there was not a lot of money around. Personal income, tax revenue, profits and prices dropped by more than 50%. This was all do to the great depression. The great depression was a severe worldwide economic depression. The great depression was also the longest and worst depression of the 20th century.
How the cost of living changed
From 1920 to 1930 there was a huge change in the cost of living. From one extreme to the other- Boom to Bust. The magical prosperity of the 20's vanished as people lost confidence following the 1929 stock market crash.
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Price of Living in 1930
House Price
A new house in the 1930's costed about 3,845 dollars.
Car Price
A new car during the 1930's costs about 600 dollars.
Gas Price
A gallon of gas would cost about 10 cents a gallon during the 1930's.
Price of Eating
One Pound of Ground Hamburger
One pound of ground beef would be around 18 cents.
A Dozen Eggs
A dozen eggs would cost around 18 cents during the 1930's.
Oranges
Two dozen oranges would cost about 25 cents.
A Loaf Of Bread
A loaf of bread would cost 5 cents.
Iceberg Lettuce
A head of iceberg lettuce costed about 7 cents.
Spinach
Spinach was about 5 cents a pound.
Money Value
The value of money in 1930 was far less than it's worth now. If you had 1 billion dollars in 1930, then you would have approximately 12 billion now.
Average Salary
Doctor
Doctors made about 3,382 dollars.
Airplane Pilot
During the 30's a airplane pilot was paid around 8,000 dollars.
College Teacher
A college teacher made about 3,111 dollars a year.
Going Out
Moive
It costed about a penny to three pennies to buy a movie ticket in 1930.
Going out to Eat
Los Angeles: 75¢ businessman’s lunch of Charcoal Broiled French Lamb Chops, New Peas, French Fried Potatoes, Fruit Salad, Hot Biscuits, and Coffee, Tea, Milk, or Tomato Juice.
Going to a Football game
Going to a football game would coat about 50 cents, but there was a 40% decrease in attendance.