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<blockquote data-quote="rod" data-source="post: 5763043" data-attributes="member: 5382"><p>1964©Rob // Flickr</p><p>- Absolute gas price: $0.32</p><p>- Inflation-adjusted price: $2.82 (#35 least expensive year in 85-year span)</p><p>In 1964, the <a href="https://www.census.gov/library/publications/1965/demo/p60-044.html" target="_blank">median income for American families</a> was $6,600 a year. This marked a strong year for consumers—this median income was 5% higher than it had been in 1963, and more than double what it had been in 1947. Absolute gas prices once again remained steady at $0.32 per gallon, meaning that at this time, a gallon of gas made up a slightly smaller percentage of a person's total income than it did in 2018.</p><p></p><p>The year I got my first car.</p></blockquote><p></p>
[QUOTE="rod, post: 5763043, member: 5382"] 1964©Rob // Flickr - Absolute gas price: $0.32 - Inflation-adjusted price: $2.82 (#35 least expensive year in 85-year span) In 1964, the [URL='https://www.census.gov/library/publications/1965/demo/p60-044.html']median income for American families[/URL] was $6,600 a year. This marked a strong year for consumers—this median income was 5% higher than it had been in 1963, and more than double what it had been in 1947. Absolute gas prices once again remained steady at $0.32 per gallon, meaning that at this time, a gallon of gas made up a slightly smaller percentage of a person's total income than it did in 2018. The year I got my first car. [/QUOTE]
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