What Did Things Cost in 1929?
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In 1929, a loaf of bread cost 10 cents, insurance was $7 per month, eggs were 45 cents per dozen, two blocks of salt cost $1.80, and two new tubs cost $1.25. These prices varied, depending on the state.
After the stock market crashed, the new prices would reflect the rise of the “Great Depression” of 1929. The stock market had failed, people lost their homes, jobs, savings, investments and businesses and many committed suicide. The price of a movie ticket before the inflation was 35 cents, the inflation-adjusted price was $4.86. An ounce of gold cost $20.63 before the inflation-adjusted price; after, the inflation price was $286.53.
