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In 1949, the average cost of a home in the United States was approximately $7,000, while monthly rent for an apartment typically ranged from $40 to $60. This period followed World War II, which led to a housing boom fueled by returning veterans and a growing economy. However, the post-war era also faced challenges, including a shortage of affordable housing and rising demand, leading to increased prices in subsequent years. Overall, housing costs in 1949 reflected a transitional phase in American society.

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