The Cost of Living in 1938
Towards the tail end of the Great Depression, this was what the cost of living looked like in the United States. The prices may look unbelievably low, and they remain that way, even when adjusted for inflation. For example, $420 back in 1938, when these prices were a reality, works out to be $7, 628.27 today. That means that one could’ve attended Harvard for a year for less than $8000, as well as buy a new house that only cost around $71, 000.