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1982: what things cost, the #1 song and more

In 1982, a gallon of gas cost $1.30, a half-gallon of milk was $1.13, a stamp was 20¢ and the median house sold for $69,200. If you were born in 1982, you turn 44 in 2026. Here's how 1982 prices compare with today.

Born in
1982
Millennial
🏠House$69,200Today: $393,300
⛽Gas$1.30Today: $4.48
🥛Milk (½ gal)$1.13Today: $2.05
🥚Eggs87¢Today: $2.27
🍞Bread53¢Today: $1.83
☕Coffee$2.52Today: $9.33
✉️Stamp20¢Today: 82¢
🎵 #1 song: “Physical”
Olivia Newton-John

Prices in 1982 vs. today

“In today's money” adjusts the 1982 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.

Item1982In today's moneyToday
🏠 Median price of a house soldmedian sale price$69,200$241,619$393,300
+468%
⛽ Gallon of regular gasper gallon$1.30$4.53$4.48
+246%
🥛 Half-gallon of whole milkper half-gallon$1.13$3.93$2.05
+82%
🥚 Dozen large eggsper dozen87¢$3.03$2.27
+162%
🍞 Loaf of white breadper pound53¢$1.86$1.83
+244%
☕ Pound of ground coffeeper pound$2.52$8.81$9.33
+270%
✉️ First-class postage stampper letter20¢70¢82¢
+310%
💡 Kilowatt-hour of home electricityper kWh, residential6.9¢24.1¢18.3¢
+165%
⏱️ Federal minimum wageper hour$3.35$11.70$7.25
+116%
🧰 Average factory worker's hourly payper hour, manufacturing production workers$8.36$29.20$30.21
+261%
👪 Median family incomeper year$23,400$81,704$110,500
+372%
🥓 Pound of baconper pound$2.05$7.17$6.76
+229%
🍗 Pound of whole chickenper pound71¢$2.49$2.06
+189%
🍌 Pound of bananasper pound35¢$1.2466¢
+85%
🍅 Pound of tomatoesper pound74¢$2.58$1.99
+170%
🍬 Pound of white sugarper pound35¢$1.20$1.02
+195%
🌾 Pound of flourper pound22¢78¢55¢
+143%

1982 at a glance

Turning this year44 years old
GenerationMillennial
PresidentRonald Reagan
U.S. population232.2 million
$1 back then is worth$3.49 today
#1 albumAsia – Asia
🎵
Song of the year
“Physical”
Olivia Newton-John · Billboard Year-End #1

Questions people ask about 1982

How much was a gallon of gas in 1982?

Regular gasoline averaged $1.30 a gallon in 1982 (U.S. city average, including taxes). That's about $4.53 in today's money. In Sep 2026 it averaged $4.48.

How much was a postage stamp in 1982?

A first-class stamp cost 20¢ in 1982. Today it costs 82¢.

How much did a house cost in 1982?

The median price of a house sold in the U.S. in 1982 was $69,200, about $241,619 adjusted for inflation. The latest median (Q3 2026) is $393,300.

What was the minimum wage in 1982?

The federal minimum wage was $3.35 an hour in 1982, worth about $11.70 an hour today. It has been $7.25 since July 2009.

How much was milk in 1982?

A half-gallon of whole milk averaged $1.13 in 1982. Today: $2.05.

How much were eggs in 1982?

A dozen large Grade A eggs averaged 87¢ in 1982. Today: $2.27.

What was the #1 song of 1982?

Billboard's top song of 1982 was “Physical” by Olivia Newton-John.

How much is $1 from 1982 worth today?

$1 in 1982 buys about as much as $3.49 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); 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.