Wow, remember these days? It’s humorous looking at these prices. This is an advertisement from the Washington Post printed on June 25th, 1979.
Source: The Washington Post
A Hilarious Flashback to 1979: The Prices of Everyday Groceries at Giant Food
I love real evidence of historical prices! According to this calculator http://www.minneapolisfed.org/index.cfm? one dollar in 1979 would buy $3.22 of goods today. Take the ketchup sale price of $0.69 x 3.22 and you would expect the same ketchup to cost 2.22 today. Here it sells for $2.48 http://www.walmart.com/ip/Heinz-Tomato-Ketchup-32-oz/15529427 which isn’t too far off, but this is a non-sale price.
If you consider the non-sale 1979 price of $0.99 you would expect ketchup to cost $3.19/32oz today. Perhaps today’s prices are actually lower (or at least relatively unchanged)…at least on ketchup.
For some Giant history: http://jewishfoodexperience.com/a-giant-idea-for-dc/
Wow, I remember that bottle of Giant brand ‘catsup’. Back whem everything was glass.
Oh, to have a time machine…