Cost of living in 1986 (and other things to blow your mind!)
- Yearly Inflation Rate USA 1.91% (it's currently around 3.8%)
- Year End Close Dow Jones Industrial Average 1895
- Interest Rates Year End Federal Reserve 7.50%
- Average Cost of new house $89,430.00 (today that is the equivalent of $183,667)
- Average Income per year $22,400.00 (today that is the equivalent of $34,581)
- Average Monthly Rent $385.00
- Average Price for new car $9,255.00 (today that is the equivalent of $18,476)
- 1 gallon of gas 89 cents
- Casio Portable Color Television $249.99
- Bacon per pound $1.75
- Space Shuttle Challenger blew up only 73 seconds after lift-off. Children everywhere were watching as
- Astonishing! 1986 The IBM PC Convertible: The first laptop computer and the first to use the 3.5" floppy disk which went on to become the standard. Cost: $2,000.
- You could mail a letter for 22 cents
- Soda from a machine cost a quarter
- Payphones still existed (haha), and you could call someone for a dime
- Lady GaGa, Shiah LeBouf and Mary Kate and Ashly Olsen were born
- Donna Reed, Dezi Arnaz and James Cagney died
- The original Nintendo (NES) was available for $150 and a new game cost around $50
- You could see a movie for $3
- A 12oz bottle of beer in a NYC bar cost between $1 and $2
- The average wedding cost $4000
- An the Oscar for best film goes to... Platoon
- On October 25, 1986, the Number 1 Billboard hit was Cyndi Lauper's True Colors
- The Chicago Bears won Super Bowl XX against the New Englan Patriots (46 - 10), Sadly for my husband, this was the last time they won to date....
- I was six. :)
Facts as according to http://www.thepeoplehistory.com, http://thecostofliving.com, and http://pop-culture.us
