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"Cost Of Living 1954 How Much things cost in 1954 Yearly Inflation Rate USA 0.32% Average Cost of new house $10.250.00 Cost of a gallon of Gas 22 cents Average Cost of a new car $1,700.00 Average Monthly Rent $85.00 Movie Ticket 70 cents Life Magazine 20 cents The Dow Jones recovers back to pre Wall Street Crash highs of 381.17 "