scorecard
  1. Home
  2. Retail
  3. How The Buying Power Of Your Dollar Has Changed Over The Last 60 Years

How The Buying Power Of Your Dollar Has Changed Over The Last 60 Years

Alex Kuzoian,Sara Silverstein   

How The Buying Power Of Your Dollar Has Changed Over The Last 60 Years
Retail1 min read

Inflation has caused prices to rise 784% over the past 60 years. But not all prices rise at the same rate. Prices of gas, beef and Hershey's chocolate have increased more than ten-fold since 1954, much more than inflation. The prices of eggs and coffee have more than doubled and tripled respectively. But on an inflation-adjusted basis, both of these goods cost about half what they did when your grandma bought them.

Produced by Alex Kuzoian and Sara Silverstein

Follow BI Video: On Facebook

READ MORE ARTICLES ON


Advertisement

Advertisement