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1996: what things cost, the #1 song and more

In 1996, a gallon of gas cost $1.23, a gallon of milk was $2.62, a stamp was 32¢ and the median house sold for $140,300. If you were born in 1996, you turn 30 in 2026. Here's how 1996 prices compare with today.

Born in
1996
Millennial
🏠House$140,300Today: $393,300
⛽Gas$1.23Today: $4.48
🥛Milk$2.62Today: $4.11
🥚Eggs$1.11Today: $2.27
🍞Bread88¢Today: $1.83
☕Coffee$3.43Today: $9.33
✉️Stamp32¢Today: 82¢
🎵 #1 song: “Macarena (Bayside Boys Mix)”
Los del Río

Prices in 1996 vs. today

“In today's money” adjusts the 1996 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.

Item1996In today's moneyToday
🏠 Median price of a house soldmedian sale price$140,300$301,388$393,300
+180%
⛽ Gallon of regular gasper gallon$1.23$2.64$4.48
+264%
🥛 Gallon of whole milkper gallon$2.62$5.63$4.11
+57%
🥚 Dozen large eggsper dozen$1.11$2.38$2.27
+105%
🍞 Loaf of white breadper pound88¢$1.88$1.83
+109%
☕ Pound of ground coffeeper pound$3.43$7.37$9.33
+172%
✉️ First-class postage stampper letter32¢69¢82¢
+156%
💡 Kilowatt-hour of home electricityper kWh, residential8.4¢18.0¢18.3¢
+118%
⏱️ Federal minimum wageper hour$4.25$9.13$7.25
+71%
🧰 Average factory worker's hourly payper hour, manufacturing production workers$12.74$27.38$30.21
+137%
👪 Median family incomeper year$42,300$90,867$110,500
+161%
🍔 Pound of ground beefper pound$1.37$2.94$6.79
+396%
🥓 Pound of baconper pound$2.47$5.31$6.76
+173%
🍗 Pound of whole chickenper pound97¢$2.09$2.06
+112%
🧀 Pound of cheddar cheeseper pound$3.25$6.98$6.13
+89%
🍌 Pound of bananasper pound49¢$1.0566¢
+34%
🍅 Pound of tomatoesper pound$1.21$2.60$1.99
+65%
🍬 Pound of white sugarper pound42¢90¢$1.02
+144%
🌾 Pound of flourper pound29¢62¢55¢
+89%

1996 at a glance

Turning this year30 years old
GenerationMillennial
PresidentBill Clinton
U.S. population269.7 million
$1 back then is worth$2.15 today
#1 albumJagged Little Pill – Alanis Morissette
🎵
Song of the year
“Macarena (Bayside Boys Mix)”
Los del Río · Billboard Year-End #1

Questions people ask about 1996

How much was a gallon of gas in 1996?

Regular gasoline averaged $1.23 a gallon in 1996 (U.S. city average, including taxes). That's about $2.64 in today's money. In Sep 2026 it averaged $4.48.

How much was a postage stamp in 1996?

A first-class stamp cost 32¢ in 1996. Today it costs 82¢.

How much did a house cost in 1996?

The median price of a house sold in the U.S. in 1996 was $140,300, about $301,388 adjusted for inflation. The latest median (Q3 2026) is $393,300.

What was the minimum wage in 1996?

The federal minimum wage was $4.25 an hour in 1996, worth about $9.13 an hour today. It has been $7.25 since July 2009.

How much was milk in 1996?

A gallon of whole milk averaged $2.62 in 1996. Today: $4.11.

How much were eggs in 1996?

A dozen large Grade A eggs averaged $1.11 in 1996. Today: $2.27.

What was the #1 song of 1996?

Billboard's top song of 1996 was “Macarena (Bayside Boys Mix)” by Los del Río.

How much is $1 from 1996 worth today?

$1 in 1996 buys about as much as $2.15 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.