Cost of Living 1954

-How Much things cost in 1954
-Yearly Inflation Rate USA 0.32%
-Yearly Inflation Rate UK 1.9%
-Average Cost of new house $10.250.00
-Cost of a gallon of Gas 22 cents
-Average Cost of a new car $1,700.00
-Average Monthly Rent $85.00
-Movie Ticket 70 cents
-Life Magazine 20 cents
-The Dow Jones recovers back to pre Wall --Street Crash highs of 381.17

Class of 1954

What Events Happened in 1954

•Hydrogen bomb test conducted on Bikini Atoll in the Pacific Ocean.
•Sports Illustrated first issue
•Armistice Day is renamed Veteran’s Day to honor vets from the Civil War, WWI and WWII, and the Korean conflict
•Segregation Brown v Board of Education makes segregation in US Public Schools Unconstitutional
•Rosa Parks arrest in Montgomery Alabama sets the American Civil Rights Movement in Motion
President Eisenhower signs into law the new social security bill funded by employers and employees.
President Dwight D. Eisenhower performs the dedication ceremony for the Iwo Jima statue at the USMC War Memorial
•James D. Watson and Francis H.C. Crick announce discovery of the double-helix structure of DNA
Senator Joseph R McCarthy continues his witch hunt for communist sympathizers in the US
US "Operation Wetback" is started on 17th July to send back to Mexico almost 4 million illegal immigrants