Quote:
Originally Posted by ducksface
Divide average hourly wage back then by the gas price back then.
Now do it for todays prices.
Be very surprised how gas may have actually been more costly depending on the year you choose.
1972 minimum wage was $1.60
Gas was 38 to 55 cents.
That's $3.80 to $5.50 today...and it isn't.
When your dad paid 20 cents what were wages?
Gas is maybe cheaper now.
(I remember a 9 cents per gallon gas war in Tucson in the early 60's. 11 cents was too often to be memorable.)
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I was very young, but six cents a gallon advertised as "GAS WARS" in Stanton California on highway 39, Beach boulevard, about 1961. I thinl that Signal Hill in Long Beach was still the oil capital of the world at the time.