These college costs were obtained from the 1963 and 2008 issues of the "World Almanac". Tuition for state universities reflects a resident's cost.

Tuition (per Year)        1960      1960Today      2008
UC, Berkeley                $   0         $   0            $ 6,654
Columbia                    $ 1,460      $10,147       $33,906
University of Georgia    $   195       $ 1,355        $ 4,964
Harvard                       $ 1,520      $10,564      $33,709
MIT                            $ 1,500       $10,425      $33,600
Michigan State            $    279       $ 1,939      $  8,843
Northwestern               $ 1,200       $ 8,340      $33,559
Penn State                 $    480        $ 3,336     $12,164
U of Texas                  $    100       $    695      $  7,630

Editor's Analysis:
The chart shows that tuition costs typically have increased many times faster than the CPI adjusted cost from 1960. It is no wonder that today's kids can not afford to work themselves through college and often need to incur tremendous debts to obtain this almost basic requirement in today's world.



































July 6, 2008
The following representative data on income was obtained from a variety of sources including almanacs, newspapers, US Department of Labor and US Dept. of Education. The occupations selected to be compared were based on the availability of income in 1960 and their performing similar activities in 1960 as they do today.

Hourly Wages              1960     1960Today      2008
Minimum wage             $ 1.00       $ 6.95         $ 5.85       
Manufacturing (Avg.)     $ 2.32       $16.12         $30.01

Yearly Salaries            1960     1960Today      2008
Patrolman (starting)      $4,400      $30,580      $36,245
Teacher (public)            $5,135      $35,688     $50,700 Engineer                      $9,400      $65,330      $72,300

Personal Income         1960     1960Today      2008
Per household              $7,793       $54,161     $96,444

Editor's Analysis:
The chart shows that most wages and salaries have increased faster than the CPI adjusted levels from 1960. It is suspected that the 78% increase in average household income is partially due to the increased percentage of women in the workplace as compared to 1960.






























July 13, 2008
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These are samplings of actual prices shown in advertisements found in the May 5, 1960 edition of The Delta Democrat-Times; Greenville, Mississippi. The 2008 prices are samplings of the advertised prices. The chart below shows that the current retail prices of food on the average near their CPI adjusted prices from 1960. Relatively speaking, food is roughly the same price as it as was back in 1960.

Product                         1960    1960Today    2008
Eggs (per dozen)            $0.46      $3.20          $1.69
Ground Beef (per lb.)       $0.33      $2.29          $3.49
Wieners (per lb.)             $0.49      $3.49          $1.74
Sirloin Steak (per lb.)       $0.79     $5.49          $3.99
Star Kist Tuna (6 oz.)       $0.31     $2.15          $0.89
Fryers (per lb.)                 $0.37     $2.57          $1.29
Potatoes (10 lb. bag)        $0.49     $3.49          $4.99
Flour (10 lb. bag)             $0.89      $6.19         $4.29
Rice (3 lb. bag)                $0.45      $3.13         $3.09
Corn (15 oz. can)             $0.15      $1.04         $0.55
Catsup (14 oz.)                $0.17      $1.18         $0.95
Carrots (1 lb. bag)            $0.05      $0.35         $0.79
Bananas (per lb.)             $0.10      $0.70         $0.54
Wesson Oil (quart)           $0.47      $3.27         $4.69
Mayonnaise (quart)           $0.49      $3.40        $2.59
Soda Crackers (1 lb.)        $0.23      $1.60        $2.79
Bread (24 oz. loaf)            $0.21      $1.46        $1.29
Sugar (10 lb. bag)            $0.90       $6.26        $4.99
Ice Cream (1/2 gal.)          $0.79      $5.49        $4.06
Nilla Wafers (12 oz.)         $0.25      $1.74        $3.49

Family Yearly Food Cost  $1681   $11,681     $11,058
Data from U.S. Department of Commerce

Average prices paid to farmers:
Even at the reported high prices, with the exception of corn, the prices farmers have received have increased at a rate roughly half  the average rate of inflation.
Product                         1960    1960Today    2008
Wheat (per bushel)         $1.79       $12.44       $6.60
Corn (per bushel)            $0.98       $6.84         $6.24
Rice (per lb.)                  $0.05       $0.34         $0.19
Chicken (per lb.)             $0.16       $1.11         $0.48
Beef (per lb.)                  $0.20       $1.39         $0.95
Hogs (per lb.)                 $0.12       $0.83         $0.49

2009 Update
Grain prices have dropped significantly since their peaks in 2008. Changes in livestock are mixed.
Product                                                         2009
Wheat (per bushel)                                         $5.18
Corn (per bushel)                                            $3.38
Rice (per lb.)                                                  $0.12
Chicken (per lb.)                                             $0.88
Beef (per lb.)                                                  $0.83
Hogs (per lb.)                                                 $0.63

Original: June 7, 2008; Updated July 11, 2009