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What was the cost of groceries in 1776?
Take the amount of dollars you spend on groceries now and divide that by the spot price of gold per ounce. Then multiply that amount by 20 ($20 an ounce of gold in 1776 more or less). So let's say you spent $4000 a year on goceries now, then the equivalent cost in 1776 would be $4000/$899 (spot gold price per ounce as of Jan 23 2009) = 4.44. Take 4.44 multiply by $20 = $88 per year for food in 1776. The higher cost of food now is soley due to the inflation of prices caused when the dollar went off the gold standard in 1932 or so during the FDR administration. Until that time, prices had been mostly stable for the past 100 years. Since then, prices have risen between 5% to 7% per year (on average) due to a paper fiat currency issued by the private bak called the Federal Reserve Bank.
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it depends how much groceries you buy......dummy....
The cost of groceries in 1970 was much less than it is today. For instance, potatoes were only 10 cents per pound, tomatoes were 99 cents for 4 pounds, and sugar was 40 ce…nts for 5 pounds in 1970.
about 15 cents
the cost off groceries in 1929 were only 5p (i get everything right)
in the 1941 the groceries were a lot cheep then today but the price u would spend would be about 50
i need help
well i am not that old but i do know much there were between 5$ to 10$ or a little bit less
Lately, for two people, I'm spending about $400 per month. This does not include eating out or having takeout 2 nights a week on average.
they cost £10 and its a rip off
as much as a tsp of butter
A grocery cost calculator is a tool that can help you save money on grocery purchases, by calculating the unit price of grocery items for comparison between brands.
A grocery cost estimator is used to calculate one's average grocery bill and track food expenses. Costs are calculated, in part, by assigning standard values to different food… products (e.g., meat, produce, frozen foods).
The cost of groceries is el costo de los comestibles.