Domenico Modugno
Prices in 1958 vs. today
“In today's money” adjusts the 1958 price for inflation (CPI-U, Sep 2026). If today's price is higher than that, the item really did get more expensive, not just the dollar.
| Item | 1958 | Today |
|---|---|---|
| ⛽ Gallon of regular gasper gallon | 30¢ | $4.48 +1,374% |
| 🥛 Half-gallon of whole milkper half-gallon | 51¢ | $2.05 +306% |
| 🥚 Dozen large eggsper dozen | 60¢ | $2.27 +276% |
| 🍞 Loaf of white breadper pound | 19¢ | $1.83 +848% |
| ☕ Pound of ground coffeeper pound | 91¢ | $9.33 +929% |
| ✉️ First-class postage stampper letter | 3¢ | 82¢ +2,633% |
| ⏱️ Federal minimum wageper hour | $1.00 | $7.25 +625% |
| 🧰 Average factory worker's hourly payper hour, manufacturing production workers | $1.99 | $30.21 +1,421% |
| 👪 Median family incomeper year | $5,100 | $110,500 +2,067% |
| 🍔 Pound of ground beefper pound | 53¢ | $6.79 +1,184% |
| 🥓 Pound of baconper pound | 79¢ | $6.76 +752% |
| 🍗 Pound of whole chickenper pound | 47¢ | $2.06 +344% |
| 🍌 Pound of bananasper pound | 17¢ | 66¢ +279% |
| 🍅 Pound of tomatoesper pound | 32¢ | $1.99 +521% |
| 🍬 Pound of white sugarper pound | 11¢ | $1.02 +802% |
| 🌾 Pound of flourper pound | 11¢ | 55¢ +395% |
1958 at a glance
Questions people ask about 1958
How much was a gallon of gas in 1958?
Regular gasoline averaged 30¢ a gallon in 1958 (U.S. city average, including taxes). That's about $3.55 in today's money. In Sep 2026 it averaged $4.48.
How much was a postage stamp in 1958?
A first-class stamp cost 3¢ in 1958. Today it costs 82¢.
What was the minimum wage in 1958?
The federal minimum wage was $1.00 an hour in 1958, worth about $11.68 an hour today. It has been $7.25 since July 2009.
How much was milk in 1958?
A half-gallon of whole milk averaged 51¢ in 1958. Today: $2.05.
How much were eggs in 1958?
A dozen large Grade A eggs averaged 60¢ in 1958. Today: $2.27.
What was the #1 song of 1958?
Billboard's top song of 1958 was “Nel blu, dipinto di blu” by Domenico Modugno.
How much is $1 from 1958 worth today?
$1 in 1958 buys about as much as $11.68 did in Sep 2026, based on the Consumer Price Index (CPI-U).
Sources: U.S. Energy Information Administration (regular gasoline, U.S. city average retail price incl. taxes; leaded until 1975, unleaded from 1976); U.S. Bureau of Labor Statistics, Average Price Data (U.S. city average) (from 1980); Before 1980: U.S. Bureau of Labor Statistics retail food prices as published by the U.S. Census Bureau (Historical Statistics of the United States, Series E 187–202, and the Statistical Abstract of the United States); U.S. Postal Service rate history (rate in effect July 1); U.S. Department of Labor (rate in effect July 1); U.S. Bureau of Labor Statistics, Current Employment Statistics; U.S. Census Bureau, Current Population Survey; Billboard Year-End Hot 100. How we calculate these.
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