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Historical Snapshot Standard Pay What Did Items Cost? The Value Of A Dollar

     Standard Pay 1950-1959

Job Description Pay
Actress Per-film fee of Marilyn Monroe $100,000 + % of profits
Bookkeeping Machine Operator Typing experience; five-day week $75/week to start
Housekeeper Live in; take care 3 children; 28-45, room/board $25-35/week
Private Secretary Insurance and investment experience, IBM; 29 $100/month
Salesman Married man, 25-35, with high school education. Great opportunity for hard-working person. $60/week + commission

Job Type 1950 1951 1952 1953 1954
Average of all industries $3,180/yr $3,452/yr $3,660/yr $3,852/yr $3,953/yr
Building Trades $3,377/yr $3,774/yr $4,086/yr $4,354/yr $4,484/yr
Farm Labor $1,454/yr $1,568/yr $1,594/yr $1,464/yr $1,498/yr
Medical Workers $2,067/yr $2,143/yr $2,262/yr $2,365/yr $2,417/yr
Schoolteachers $2,794/yr $2,998/yr $3,169/yr $3,314/yr $3,510/yr
Government Workers $2,758/yr $2,758/yr $2,950/yr $3,140/yr $3,281/yr

Job Type 1955 1956 1957 1958 1959
Average of all industries $4,218/yr $4,342/yr $4,546/yr $4,707/yr $4,965/yr
Building Trades $4,607/yr $4,914/yr $5,120/yr $5,305/yr $5,498/yr
Farm Labor $1,498/yr $1,578/yr $1,657/yr $1,690/yr $1,742/yr
Medical Workers $2,488/yr $2,532/yr $2,612/yr $2,751/yr $2,881/yr
Schoolteachers $3,608/yr $3,827/yr $4,085/yr $4,343/yr $4,522/yr
Government Workers $3,447/yr $3,564/yr $3,747/yr $3,958/yr $4,152/yr

Note: Material adapted from "The Value of a Dollar, 1860-2004." Third Edition, Scott Derks, Grey House Publishing.

 

 

 

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