1950, Truman was president and the post-war economic boom was beginning. By 1950, average wages were double or triple what they had been in 1935, according to
the BLS, and the typical family earned $4,237 per year (though a quarter of families made less than $3,000 annually). Families were spending a slightly smaller share of their overall income on food than they were in 1935. Coffee was significantly more expensive, though, which meant Americans were drinking less of it, according to a
USDA report.
Cup of coffee at home: $0.03 ($0.79/pound)
Cup of coffee out: $0.15 at the
Red Coach Grill

Menu: Red Coach Grill, NYC - Charcoal Broiled T Bone Sirloin Steak $4.25
