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1963: what things cost, the #1 song and more

In 1963, a gallon of gas cost 30¢, a gallon of milk was 97¢, a stamp was 5¢ and the median house sold for $18,100. If you were born in 1963, you turn 63 in 2026. Here's how 1963 prices compare with today.

Born in
1963
Baby Boomer
🏠House$18,100Today: $393,300
⛽Gas30¢Today: $4.48
🥛Milk97¢Today: $4.11
🥚Eggs55¢Today: $2.27
🍞Bread22¢Today: $1.83
☕Coffee69¢Today: $9.33
✉️Stamp5¢Today: 82¢
🎵 #1 song: “Sugar Shack”
Jimmy Gilmer and the Fireballs / "Surfin' U.S.A." – The Beach Boys

Prices in 1963 vs. today

“In today's money” adjusts the 1963 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.

Item1963In today's moneyToday
🏠 Median price of a house soldmedian sale price$18,100$199,138$393,300
+2,073%
⛽ Gallon of regular gasper gallon30¢$3.34$4.48
+1,374%
🥛 Gallon of whole milkper gallon97¢$10.69$4.11
+322%
🥛 Half-gallon of whole milkper half-gallon49¢$5.35$2.05
+322%
🥚 Dozen large eggsper dozen55¢$6.06$2.27
+312%
🍞 Loaf of white breadper pound22¢$2.38$1.83
+747%
☕ Pound of ground coffeeper pound69¢$7.64$9.33
+1,245%
✉️ First-class postage stampper letter5¢55¢82¢
+1,540%
💡 Kilowatt-hour of home electricityper kWh, residential2.5¢27.5¢18.3¢
+632%
⏱️ Federal minimum wageper hour$1.15$12.65$7.25
+530%
🧰 Average factory worker's hourly payper hour, manufacturing production workers$2.34$25.74$30.21
+1,191%
👪 Median family incomeper year$6,200$68,213$110,500
+1,682%
🍔 Pound of ground beefper pound51¢$5.64$6.79
+1,224%
🥓 Pound of baconper pound68¢$7.51$6.76
+889%
🍗 Pound of whole chickenper pound40¢$4.41$2.06
+415%
🍌 Pound of bananasper pound16¢$1.8066¢
+300%
🍅 Pound of tomatoesper pound32¢$3.54$1.99
+519%
🍬 Pound of white sugarper pound14¢$1.50$1.02
+649%
🌾 Pound of flourper pound11¢$1.2555¢
+378%

1963 at a glance

Turning this year63 years old
GenerationBaby Boomer
PresidentJohn F. Kennedy
U.S. population189.3 million
$1 back then is worth$11.00 today
#1 albumWest Side Story – Soundtrack
🎵
Song of the year
“Sugar Shack”
Jimmy Gilmer and the Fireballs / "Surfin' U.S.A." – The Beach Boys · Billboard Year-End #1

Questions people ask about 1963

How much was a gallon of gas in 1963?

Regular gasoline averaged 30¢ a gallon in 1963 (U.S. city average, including taxes). That's about $3.34 in today's money. In Sep 2026 it averaged $4.48.

How much was a postage stamp in 1963?

A first-class stamp cost 5¢ in 1963. Today it costs 82¢.

How much did a house cost in 1963?

The median price of a house sold in the U.S. in 1963 was $18,100, about $199,138 adjusted for inflation. The latest median (Q3 2026) is $393,300.

What was the minimum wage in 1963?

The federal minimum wage was $1.15 an hour in 1963, worth about $12.65 an hour today. It has been $7.25 since July 2009.

How much was milk in 1963?

A gallon of whole milk averaged 97¢ in 1963. Today: $4.11.

How much were eggs in 1963?

A dozen large Grade A eggs averaged 55¢ in 1963. Today: $2.27.

What was the #1 song of 1963?

Billboard's top song of 1963 was “Sugar Shack” by Jimmy Gilmer and the Fireballs / "Surfin' U.S.A." – The Beach Boys.

How much is $1 from 1963 worth today?

$1 in 1963 buys about as much as $11.00 did in Sep 2026, based on the Consumer Price Index (CPI-U).

Sources: U.S. Census Bureau & HUD, Median Sales Price of Houses Sold; 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. Energy Information Administration (average residential price incl. taxes); 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.