Cost Of Living 1962How Much things cost in 1962
Yearly Inflation Rate USA 1.20%
Yearly Inflation Rate UK 3.6%
Year End Close Dow Jones Industrial Average 652
Average Cost of new house $12,500.00 Average Income per year $5,556.00 Average monthly rent $110.00 per monthTuition to Harvard University $1,520.00
All Wheel Drive Scout off road $2,150.00
Renault Imported car $1,395.00 Average Cost of a new car $3,125.00
Eggs per dozen 32 cents Gas per Gallon 28 cents Factory Workers Average Take Home Pay with 3 dependents $94.87
Inventions Invented by Inventors and Country ( or attributed to First Use )
Communication Satellite USA Telstar
Venus Probe USA Mariner 2 - the first planetary probe
LEDs USA Light Emitting Diodes - used for displays http://www.thepeoplehistory.com/1962.html
The best thing that happened in 1962, happened on April 7th... A new life was created... One that would bring innumerable years of happiness, three amazing kids, 2 wonderful daughter in laws, 7 incredible grand-kids and 1 adorably precious great granddaughter... My parents two lives become one and today we celebrate here on Earth while my Dad celebrates with us from heaven, 51 years...
Not every year was perfect but one thing remained true, their love... No matter what life threw at them, even when they were apart, love brought them back together... I think I can safely say that my brothers and I are truly blessed to have the parents we have... God knew what he was doing through it all...
Love you Mom and Dad...