No. of Recommendations: 1
In sifting thru some papers of a deceased relative I ran across a monthly budget prepared by the City of New York, Department of Welfare. It was prepared in March of 1943 (aside--the printed postmark on the envelope is stamped “Buy War Savings Bonds and Stamps). This budget was for a family of 4 (2 parents, 2 kids). I found it interesting to see some 'real' numbers from 60 years ago to illuminate some of the actual effects of inflation:

Food $39.10
Shelter (rent) 18.00
Cooking fuel 2.00
Heating fuel 7.80
Electricity 1.40
Clothing 7.80
Household .80
Personal 1.40

Total $78.30

Cross-posted to LBYM and Retire Early Boards…

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