How Much Did Your 1967 Dollar Buy in 1984?

According to the statistics from the Bureau of Labor Statistics, your 1967 dollar would buy only 28.5 cents’ worth of goods in 1984.

This is an average for all goods and services.

What’s interesting is to look at individual items and see the change in price between 1967 and 1984.

Television sets, for example, had a ZERO PERCENT increase in price during the 17-year span … while, on the other end of the scale, the cost of a hospital room increased 560.7%!

In between the two extremes …

The cost of ground beef . . . up 159.7%

The cost of sirloin steak . . . up 180.9%

The cost of a home . . . up 203.9%

The cost of coffee . . . up 268.9%

The cost of furniture . . . up 297.6%

The cost of fuel oil . . . up 559.9%

It may (or may not) be significant to note that the cost of women’s and girls’ clothing increased only 61.8% while the cost of men’s and boys’ clothing increased 90.7% (a sign of increasing male vanity … or are women simply better shoppers)?