7 things you could buy for $1 in 1950

AP Images Living the good life didn’t cost a lot in 1950, at least at first glance. The average home was worth $7,354, a new Volkswagen Beetle could be yours for $1,280, and tuition at the University of Pennsylvania was $600. All that sounds like a bargain until you realize the average family took home just $4,237 per year. Minimum wage was 75 cents an hour, and those with jobs in industries like manufacturing, finance, and government had an average hourly wage of $1.50. When you look at thos...