What Things Cost:
Car: $2,200
Gasoline: 30 cents/gal
House: $18,500
Bread: 20 c
ents/loaf
Postage Stamp: 4 cents
Minimum Wage: $1.00 per hour

 

 

Some Main Events:

  • Alaska and Hawaii become the 49th and 50th states.

  • Fidel Castro becomes leader of Cuba after a long struggle with existing government.

  • Buddy Holly, the Big Bopper, and Ritchie Valens die in a tragic plane crash while en-route to a concert.

  • Cadillac utilizes the largest fins in history.

  • The first Daytona 500 is run at the new Daytona International Speedway.

  •  86% of U.S. households have television sets.

  • Cape Canaveral -- The United States successfully test-fires a Titan intercontinental ballistic missile for the first time.

  • Sleeping Beauty was released.

  • This is the year Barbie was invented.