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Thursday, July 7, 2016

Former U.S. Champion Buys a House

Posted just as a curiosity: Back on November 22, 1949 the Brooklyn Daily Eagle's real estate section published the following article: 

In today's dollars the price would be in the $192,000 to $262,000 price range. That's pretty high for those days; here are some statistics from 1949: 

House: $14,500
Car: $1,650 
Gasoline: 26 cents/gal  
Bread: 14 cents/loaf 
Milk: 84 cents/gal 
Average Annual Salary: $3,600 
Minimum Wage: 40 cents per hour

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