FORT WAYNE, Ind. (NBC33) – 60 years ago this week, our NBC station made history when WKJG-TV became the first local television station to go on the air.
To celebrate, we’re taking you along on our stroll down memory lane all week.
A lot has changed since 1953, including the prices we pay at the pump, at the grocery store and pretty much everywhere.
In 1953, there was a booming economy and unemployment was low at about 4.5%. Inflation was 0.75% meaning prices were holding steady.
Here’s a list of some of the costs and watch the video for more.
Gas - $0.26/gallon
New car - $1,850
New house with garage - $20,000
New TV - $290
Wonder Bread - 16 cents/loaf
Peanut Butter - 30 cents
Jelly - 18 cents
Milk - 94 cents
Eggs - 69 cents
Hamburger - 85 cents for 3 lbs.
10 lb. bag of potatoes - 35 cents
Stamp - 3 cents
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