Cost of Living 1962
Average Cost of new house $12,500.00
Average Income per year $5,556.00
Average monthly rent $110.00 per month
Tuition to Harvard University $1,520.00
All Wheel Drive Scout off road $2,150.00
Renault Imported car $1,395.00
Average Cost of a new car $3,125.00
Eggs per dozen
32 cents Gas per Gallon
28 cents Factory Workers
Average Take Home Pay with 3 dependents $94.87
1962 the cars continued to evolve as more
compacts appeared and sold well in the US.
The Cold War continued to
worsen when the Russians placed Ballistic Missiles on Cuban land just 90
miles away from the coast of Florida in and JFK called the bluff by
threatening war unless they were removed which they were but for a short
time the world was on the brink of nuclear war and self destruction.
The president then set a goal of landing a man on the moon before the
end of the decade and became more involved in politics in Southeast Asia
by training South Vietnamese pilots.
Folk music was evolving into
protest music thanks to young artists like Bob Dylan and the birth of
Surfing music by the beach boys grew in popularity meanwhile in England
the Beatles record the single "Love Me Do".
The new hit on TV for that
year was "The Beverly Hillbillies" and the first of the James Bond
movies "Dr No" was an instant success, some of the other movies released
included "Spartacus" and "El Cid".
Ref: the People History