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2008: what things cost, the #1 song and more

In 2008, a gallon of gas cost $3.27, a gallon of milk was $3.79, a stamp was 42¢ and the median house sold for $229,600. If you were born in 2008, you turn 18 in 2026. Here's how 2008 prices compare with today.

Born in
2008
Gen Z
🏠House$229,600Today: $393,300
⛽Gas$3.27Today: $4.48
🥛Milk$3.79Today: $4.11
🥚Eggs$1.99Today: $2.27
🍞Bread$1.37Today: $1.83
✉️Stamp42¢Today: 82¢
💡Electricity11.3¢Today: 18.3¢
🎵 #1 song: “Low”
Flo Rida featuring T-Pain

Prices in 2008 vs. today

“In today's money” adjusts the 2008 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.

Item2008In today's moneyToday
🏠 Median price of a house soldmedian sale price$229,600$359,314$393,300
+71%
⛽ Gallon of regular gasper gallon$3.27$5.11$4.48
+37%
🥛 Gallon of whole milkper gallon$3.79$5.94$4.11
+8%
🥚 Dozen large eggsper dozen$1.99$3.11$2.27
+14%
🍞 Loaf of white breadper pound$1.37$2.14$1.83
+34%
✉️ First-class postage stampper letter42¢66¢82¢
+95%
💡 Kilowatt-hour of home electricityper kWh, residential11.3¢17.7¢18.3¢
+62%
⏱️ Federal minimum wageper hour$5.85$9.16$7.25
+24%
🧰 Average factory worker's hourly payper hour, manufacturing production workers$17.75$27.78$30.21
+70%
👪 Median family incomeper year$61,500$96,245$110,500
+80%
🍔 Pound of ground beefper pound$2.34$3.67$6.79
+190%
🥓 Pound of baconper pound$3.66$5.73$6.76
+85%
🍗 Pound of whole chickenper pound$1.21$1.89$2.06
+71%
🧀 Pound of cheddar cheeseper pound$4.72$7.39$6.13
+30%
🍌 Pound of bananasper pound61¢95¢66¢
+8%
🍅 Pound of tomatoesper pound$1.74$2.73$1.99
+14%
🍬 Pound of white sugarper pound53¢83¢$1.02
+93%
🌾 Pound of flourper pound51¢79¢55¢
+7%

2008 at a glance

Turning this year18 years old
GenerationGen Z
PresidentGeorge W. Bush
U.S. population304.5 million
$1 back then is worth$1.56 today
#1 albumAs I Am – Alicia Keys
🎵
Song of the year
“Low”
Flo Rida featuring T-Pain · Billboard Year-End #1

Questions people ask about 2008

How much was a gallon of gas in 2008?

Regular gasoline averaged $3.27 a gallon in 2008 (U.S. city average, including taxes). That's about $5.11 in today's money. In Sep 2026 it averaged $4.48.

How much was a postage stamp in 2008?

A first-class stamp cost 42¢ in 2008. Today it costs 82¢.

How much did a house cost in 2008?

The median price of a house sold in the U.S. in 2008 was $229,600, about $359,314 adjusted for inflation. The latest median (Q3 2026) is $393,300.

What was the minimum wage in 2008?

The federal minimum wage was $5.85 an hour in 2008, worth about $9.16 an hour today. It has been $7.25 since July 2009.

How much was milk in 2008?

A gallon of whole milk averaged $3.79 in 2008. Today: $4.11.

How much were eggs in 2008?

A dozen large Grade A eggs averaged $1.99 in 2008. Today: $2.27.

What was the #1 song of 2008?

Billboard's top song of 2008 was “Low” by Flo Rida featuring T-Pain.

How much is $1 from 2008 worth today?

$1 in 2008 buys about as much as $1.56 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.