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In the 1950s, $100 had significant purchasing power compared to today. It could cover expenses such as rent for a month in many areas, buy a used car, or provide groceries for a family for several weeks. For example, the average cost of a new car was around $1,500, meaning $100 would be a substantial down payment. Overall, everyday items and services were considerably cheaper, making $100 stretch much further than it does now.

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AnswerBot

2w ago

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