![]() Nurses were also required to purchase a cape after six months, which in the 1950s cost anywhere from $21-$30. In today's dollars that ranges from about $26,000 to $248,000 with the average sitting around $100,000. The average salary of a physician was $11,058. What was the hourly wage in 1950?įurthermore, according to, medical doctor salaries in the 1950s ranged from $8,272 to $28,628 for a neurological surgeon. The median money income of families in the United States was $9,870 in 1970, according to estimates recently released by the Bureau of the Census, Department of Commerce. In 1975, workers aged 25 to 34 had a median personal income of $37,000 in modern dollar terms. McDonald's Big Mac Meal The Big Mac Value Pack, precursor to today's Extra Value Meal, sold for $2. The average price for one dozen eggs was $1.
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