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2024: what things cost, the #1 song and more

In 2024, a gallon of gas cost $3.45, a gallon of milk was $3.98, a stamp was 68¢ and the median house sold for $419,000. If you were born in 2024, you turn 2 in 2026. Here's how 2024 prices compare with today.

Born in
2024
Gen Alpha
🏠House$419,000Today: $393,300
⛽Gas$3.45Today: $4.48
🥛Milk$3.98Today: $4.11
🥚Eggs$3.17Today: $2.27
🍞Bread$1.97Today: $1.83
☕Coffee$6.32Today: $9.33
✉️Stamp68¢Today: 82¢
🎵 #1 song: “Lose Control”
Teddy Swims

Prices in 2024 vs. today

“In today's money” adjusts the 2024 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.

Item2024In today's moneyToday
🏠 Median price of a house soldmedian sale price$419,000$450,057$393,300
-6%
⛽ Gallon of regular gasper gallon$3.45$3.70$4.48
+30%
🥛 Gallon of whole milkper gallon$3.98$4.28$4.11
+3%
🥚 Dozen large eggsper dozen$3.17$3.41$2.27
-28%
🍞 Loaf of white breadper pound$1.97$2.12$1.83
-7%
☕ Pound of ground coffeeper pound$6.32$6.79$9.33
+48%
✉️ First-class postage stampper letter68¢73¢82¢
+21%
💡 Kilowatt-hour of home electricityper kWh, residential16.5¢17.7¢18.3¢
+11%
⏱️ Federal minimum wageper hour$7.25$7.79$7.25
+0%
🧰 Average factory worker's hourly payper hour, manufacturing production workers$27.78$29.84$30.21
+9%
👪 Median family incomeper year$105,300$113,105$110,500
+5%
🍔 Pound of ground beefper pound$5.39$5.79$6.79
+26%
🥓 Pound of baconper pound$6.78$7.28$6.76
+-0%
🍗 Pound of whole chickenper pound$2.00$2.15$2.06
+3%
🧀 Pound of cheddar cheeseper pound$5.66$6.08$6.13
+8%
🍌 Pound of bananasper pound62¢67¢66¢
+6%
🍅 Pound of tomatoesper pound$2.00$2.14$1.99
+-0%
🍬 Pound of white sugarper pound100¢$1.07$1.02
+2%
🌾 Pound of flourper pound56¢61¢55¢
-4%

2024 at a glance

Turning this year2 years old
GenerationGen Alpha
PresidentJoe Biden
U.S. population340.1 million
$1 back then is worth$1.07 today
#1 albumThe Tortured Poets Department – Taylor Swift
🎵
Song of the year
“Lose Control”
Teddy Swims · Billboard Year-End #1

Questions people ask about 2024

How much was a gallon of gas in 2024?

Regular gasoline averaged $3.45 a gallon in 2024 (U.S. city average, including taxes). That's about $3.70 in today's money. In Sep 2026 it averaged $4.48.

How much was a postage stamp in 2024?

A first-class stamp cost 68¢ in 2024. Today it costs 82¢.

How much did a house cost in 2024?

The median price of a house sold in the U.S. in 2024 was $419,000, about $450,057 adjusted for inflation. The latest median (Q3 2026) is $393,300.

What was the minimum wage in 2024?

The federal minimum wage was $7.25 an hour in 2024, worth about $7.79 an hour today. It has been $7.25 since July 2009.

How much was milk in 2024?

A gallon of whole milk averaged $3.98 in 2024. Today: $4.11.

How much were eggs in 2024?

A dozen large Grade A eggs averaged $3.17 in 2024. Today: $2.27.

What was the #1 song of 2024?

Billboard's top song of 2024 was “Lose Control” by Teddy Swims.

How much is $1 from 2024 worth today?

$1 in 2024 buys about as much as $1.07 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.