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1992: what things cost, the #1 song and more

In 1992, a gallon of gas cost $1.13, a half-gallon of milk was $1.39, a stamp was 29¢ and the median house sold for $121,400. If you were born in 1992, you turn 34 in 2026. Here's how 1992 prices compare with today.

Born in
1992
Millennial
🏠House$121,400Today: $393,300
⛽Gas$1.13Today: $4.48
🥛Milk (½ gal)$1.39Today: $2.05
🥚Eggs86¢Today: $2.27
🍞Bread75¢Today: $1.83
☕Coffee$2.58Today: $9.33
✉️Stamp29¢Today: 82¢
🎵 #1 song: “End of the Road”
Boyz II Men

Prices in 1992 vs. today

“In today's money” adjusts the 1992 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.

Item1992In today's moneyToday
🏠 Median price of a house soldmedian sale price$121,400$291,515$393,300
+224%
⛽ Gallon of regular gasper gallon$1.13$2.71$4.48
+298%
🥛 Half-gallon of whole milkper half-gallon$1.39$3.34$2.05
+48%
🥚 Dozen large eggsper dozen86¢$2.07$2.27
+164%
🍞 Loaf of white breadper pound75¢$1.80$1.83
+144%
☕ Pound of ground coffeeper pound$2.58$6.19$9.33
+262%
✉️ First-class postage stampper letter29¢70¢82¢
+183%
💡 Kilowatt-hour of home electricityper kWh, residential8.2¢19.7¢18.3¢
+123%
⏱️ Federal minimum wageper hour$4.25$10.21$7.25
+71%
🧰 Average factory worker's hourly payper hour, manufacturing production workers$11.40$27.38$30.21
+165%
👪 Median family incomeper year$36,600$87,887$110,500
+202%
🍔 Pound of ground beefper pound$1.54$3.70$6.79
+341%
🥓 Pound of baconper pound$1.92$4.60$6.76
+253%
🍗 Pound of whole chickenper pound87¢$2.09$2.06
+138%
🧀 Pound of cheddar cheeseper pound$3.57$8.57$6.13
+72%
🍌 Pound of bananasper pound46¢$1.1066¢
+43%
🍅 Pound of tomatoesper pound$1.09$2.63$1.99
+82%
🍬 Pound of white sugarper pound42¢100¢$1.02
+146%
🌾 Pound of flourper pound24¢58¢55¢
+124%

1992 at a glance

Turning this year34 years old
GenerationMillennial
PresidentGeorge H. W. Bush
U.S. population256.9 million
$1 back then is worth$2.40 today
#1 albumRopin' the Wind – Garth Brooks
🎵
Song of the year
“End of the Road”
Boyz II Men · Billboard Year-End #1

Questions people ask about 1992

How much was a gallon of gas in 1992?

Regular gasoline averaged $1.13 a gallon in 1992 (U.S. city average, including taxes). That's about $2.71 in today's money. In Sep 2026 it averaged $4.48.

How much was a postage stamp in 1992?

A first-class stamp cost 29¢ in 1992. Today it costs 82¢.

How much did a house cost in 1992?

The median price of a house sold in the U.S. in 1992 was $121,400, about $291,515 adjusted for inflation. The latest median (Q3 2026) is $393,300.

What was the minimum wage in 1992?

The federal minimum wage was $4.25 an hour in 1992, worth about $10.21 an hour today. It has been $7.25 since July 2009.

How much was milk in 1992?

A half-gallon of whole milk averaged $1.39 in 1992. Today: $2.05.

How much were eggs in 1992?

A dozen large Grade A eggs averaged 86¢ in 1992. Today: $2.27.

What was the #1 song of 1992?

Billboard's top song of 1992 was “End of the Road” by Boyz II Men.

How much is $1 from 1992 worth today?

$1 in 1992 buys about as much as $2.40 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.