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1974   Economy / Prices    

Economy
President: Richard M. Nixon 
Vice President: Gerald R. Ford 

Population: 
213,853,928 
Life expectancy: 72.0 years 

Dow-Jones 
 
High: 950 
Low: 590 

Federal spending: 
$269.36 billion 
Federal debt: $483.9 billion 
Inflation: 13.9% 
Consumer Price Index: 49.3 
Unemployment: 4.9% 

Prices
Cost of a new home: $38,900.00 
Cost of a new car: 
Median Household Income: $11,197.00 
Cost of a first-class stamp: $0.08 ($0.10 as of 3/2/74) 
Cost of a gallon of regular gas: $0.53 
Cost of a dozen eggs: $0.78 
Cost of a gallon of Milk: $1.57 

   
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