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1973: what things cost, the #1 song and more

In 1973, a gallon of gas cost 39¢, a gallon of milk was $1.31, a stamp was 8¢ and the median house sold for $32,600. If you were born in 1973, you turn 53 in 2026. Here's how 1973 prices compare with today.

Born in
1973
Gen X
🏠House$32,600Today: $393,300
⛽Gas39¢Today: $4.48
🥛Milk$1.31Today: $4.11
🥚Eggs78¢Today: $2.27
🍞Bread28¢Today: $1.83
☕Coffee$1.04Today: $9.33
✉️Stamp8¢Today: 82¢
🎵 #1 song: “Tie a Yellow Ribbon Round the Ole Oak Tree”
Tony Orlando and Dawn

Prices in 1973 vs. today

“In today's money” adjusts the 1973 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.

Item1973In today's moneyToday
🏠 Median price of a house soldmedian sale price$32,600$247,393$393,300
+1,106%
⛽ Gallon of regular gasper gallon39¢$2.94$4.48
+1,055%
🥛 Gallon of whole milkper gallon$1.31$9.93$4.11
+214%
🥛 Half-gallon of whole milkper half-gallon65¢$4.96$2.05
+214%
🥚 Dozen large eggsper dozen78¢$5.93$2.27
+191%
🍞 Loaf of white breadper pound28¢$2.09$1.83
+563%
☕ Pound of ground coffeeper pound$1.04$7.89$9.33
+797%
✉️ First-class postage stampper letter8¢61¢82¢
+925%
💡 Kilowatt-hour of home electricityper kWh, residential2.5¢19.0¢18.3¢
+632%
⏱️ Federal minimum wageper hour$1.60$12.14$7.25
+353%
🧰 Average factory worker's hourly payper hour, manufacturing production workers$3.97$30.11$30.21
+661%
👪 Median family incomeper year$12,100$91,824$110,500
+813%
🍔 Pound of ground beefper pound96¢$7.26$6.79
+610%
🥓 Pound of baconper pound$1.32$10.06$6.76
+410%
🍗 Pound of whole chickenper pound60¢$4.52$2.06
+246%
🍌 Pound of bananasper pound17¢$1.2566¢
+298%
🍅 Pound of tomatoesper pound48¢$3.66$1.99
+313%
🍬 Pound of white sugarper pound15¢$1.15$1.02
+575%
🌾 Pound of flourper pound15¢$1.1555¢
+261%

1973 at a glance

Turning this year53 years old
GenerationGen X
PresidentRichard Nixon
U.S. population211.9 million
$1 back then is worth$7.59 today
#1 albumThe World Is a Ghetto – War
🎵
Song of the year
“Tie a Yellow Ribbon Round the Ole Oak Tree”
Tony Orlando and Dawn · Billboard Year-End #1

Questions people ask about 1973

How much was a gallon of gas in 1973?

Regular gasoline averaged 39¢ a gallon in 1973 (U.S. city average, including taxes). That's about $2.94 in today's money. In Sep 2026 it averaged $4.48.

How much was a postage stamp in 1973?

A first-class stamp cost 8¢ in 1973. Today it costs 82¢.

How much did a house cost in 1973?

The median price of a house sold in the U.S. in 1973 was $32,600, about $247,393 adjusted for inflation. The latest median (Q3 2026) is $393,300.

What was the minimum wage in 1973?

The federal minimum wage was $1.60 an hour in 1973, worth about $12.14 an hour today. It has been $7.25 since July 2009.

How much was milk in 1973?

A gallon of whole milk averaged $1.31 in 1973. Today: $4.11.

How much were eggs in 1973?

A dozen large Grade A eggs averaged 78¢ in 1973. Today: $2.27.

What was the #1 song of 1973?

Billboard's top song of 1973 was “Tie a Yellow Ribbon Round the Ole Oak Tree” by Tony Orlando and Dawn.

How much is $1 from 1973 worth today?

$1 in 1973 buys about as much as $7.59 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.