What things cost
1972
Gas was 36¢. A stamp was 8¢. Minimum wage was $1.60.
An hour at minimum wage bought 4.4 gallons of gas, or 20 stamps. A 40-hour week came to $64.00 before taxes, which is about $492.86 in 2025 dollars.
G33Z3R Radio · Receipt · 1972
- A gallon of regular gas
- 36¢≈ $2.77 today
- A first-class stamp
- 8¢≈ $0.62 today
- An hour at minimum wage
- $1.60≈ $12.32 today
- A movie ticket
- ~$1.70≈ ~$13.09 today
- A new car (average)
- ~$3,800≈ ~$29,264 today
- A home (median)
- ~$27,000≈ ~$207,926 today
$1 in 1972 ≈ $7.70 in 2025 · CPI-U 41.8 → 2025
🧮 1972 dollars → today
Sources: EIA — Retail motor gasoline prices (Annual Energy Review, table 5.24) · USPS — Domestic letter rates since 1863 · U.S. Department of Labor — History of the federal minimum wage · Federal Reserve Bank of Minneapolis — Consumer Price Index, 1913–. Stamp and wage are the rates in effect on December 31, 1972; ticket, car and home are documented averages.
What did your first paycheck buy in 1972? What did you earn, and what did you spend it on?
The drive, the dance, the heartbreak, the summer. Add a memory of 1972.
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