1960s grocery prices compared to today after adjusting for inflation

NEWYou can now listen to Fox News articles!
Vintage grocery ads from the 1960s provide Americans with a nostalgic look at a time when many basic food items were mere pennies compared to today’s prices.
Decades of newspaper ads provide a glimpse into how Americans once shopped and how much grocery prices and shopping habits have changed over the years.
According to the food publication, the ads feature prices that seem nearly impossible by today’s standards, from steaks selling for under a dollar a pound to five pounds of sugar for just 49 cents. Tasting Table.
Decades of newspaper ads show how much grocery prices and shopping habits have changed over the years. (Lambert/Getty Images)
RESTAURANTS ARE RENEWING RETRO PRICING FOR ANNIVERSARY – BUT IS ‘CENT’ THE TREND?
But after adjusting for inflation, the publication found that the cost of some basic food items was about the same as today, while others were significantly more expensive.
Some of the food was a real bargain though.
Sirloin steak was selling for 78 cents per pound in 1966, Tasting Table reported; This works out to about $7.95 in today’s dollars; This is well below modern prices of roughly $17.99 per pound. Roast, lamb and grapefruit also remain significantly more expensive today, even after adjusting for inflation.
CLICK HERE TO SIGN UP FOR OUR LIFESTYLE NEWSLETTER
While the prices may seem like a steal, a closer look reveals that not every staple is actually as affordable as it seems.
While a dozen medium eggs that cost 55 cents in 1966 equals about $5.60 today when adjusted for inflation, shoppers can now find a dozen medium eggs for as little as $1.59, according to the publication. Considering inflation, butter, milk and ice cream are also cheaper today.

When adjusted for inflation, some basic food items cost about the same as today, while others are significantly more expensive today. (Camerique/Getty Images)
Vintage ads also offer a snapshot of grocery shopping in another era, when families often purchased 50-pound bags of potatoes, large canned hams and half-pound bags of potato chips. Shoppers also stocked up on items like oleo, a popular butter substitute.
CLICK FOR MORE LIFE STORIES
In recent years, vintage grocery store ads have sparked controversy on social media, with users comparing old supermarket prices to today’s grocery bills.
“My family has a lot of old newspapers and I found this in a newspaper from the 1960s. Look at these prices!” Sharing an old grocery store ad, a Reddit user wrote that it advertised peaches for 45 cents a pound, peaches for 29 cents, and three cans of green beans for 29 cents.

In recent years, vintage grocery ads have resurfaced on social media in which users compare decades-old prices to today’s grocery costs. (Evening Standard/Hulton Archive/Getty Images)
Others evoked grocery shopping traditions that have largely disappeared.
“I remember sticking [Green Stamps] “We turn them into little books and bring them to the S&H store with my mom to buy a toaster,” one commenter wrote, recalling the popular loyalty program that allows shoppers to redeem stamps for household items.
CLICK TO DOWNLOAD FOX NEWS APPLICATION
Others argued that the prices were misleading, without taking into account wages and inflation.
“Remember that the average worker at the time only made $2.00-$3.00 per hour,” one Reddit user wrote.
“You were spending the exact same percentage of your paycheck back then. That’s how adjusted dollars work,” another user added.




