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How much was a pound of coffee in 1950?
Unfortunately, there's no single, definitive answer to how much a pound of coffee cost in 1950. Here's why:
* Coffee prices varied significantly depending on the type, roast, and origin. Some blends might have been cheaper than others.
* Prices also varied by location. Rural areas might have had lower prices than major cities.
* Inflation makes direct comparisons tricky. A dollar in 1950 is worth significantly more than a dollar today.
However, we can use some historical data to give you an idea:
* Average coffee price in 1950 (adjusted for inflation): According to the U.S. Bureau of Labor Statistics, the average price of coffee in 1950 was around $1.50 per pound, which translates to about $17.50 in today's dollars (2023).
* Historical sources: Some historical records indicate that a pound of coffee in 1950 could be purchased for around $0.60 to $1.00 per pound, which would equate to about $7 to $12 in today's dollars.
To summarize: A pound of coffee in 1950 likely cost somewhere between $7 and $17.50 in today's dollars, depending on the factors mentioned above.
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