What was the estimate price of food in 1970?

Answer 1

In 1970, the average cost of food in the United States was significantly lower than today, with staples such as bread costing around $0.24 per loaf, milk at about $1.32 per gallon, and eggs priced at approximately $0.60 per dozen. The overall annual food expenditure per person was around $1,500. These prices reflect the economic conditions of the time and the lower inflation rates compared to subsequent decades.