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Question: What was the buying power of one thousand dollars (US) in 1940!?
Is there anybody out there who is old enough to actually remember what you could buy with a thousand bucks in 1940!? Www@QuestionHome@Com


Best Answer - Chosen by Asker:
A person born in 1940 would only be 68 years old!. That is not that old!.

A 1/2 a house!.

In 1940, an all-porcelain refrigerator cost $157!.75!. A 50-piece set of Baltimore-made Stieff Co!. “Rose” pattern sterling-silver flatware cost $150!. The same year, Don Stott’s parents bought a new Plymouth for $660!. Five years earlier, they purchased an elegant 6-bedroom, 3-bathroom home on a lovely tree-lined street in Washington, D!.C!., for $3,500!. A country house could be had for $2,000 or less!.Www@QuestionHome@Com

why, i remember back when i was just 400 years old in 1940, i was able to buy the state of new hampshire for 1,000 bucks!. unfortunately, the wild billium came and burned it all down, so i had to give it back for free because i could not afford to repair it :'(Www@QuestionHome@Com