Prices Were Dirt Cheap
In the ’40s and ’50s, food, clothes, and houses were extremely cheap. Of course, $1 dollar in the 1940s isn’t the same as $1 dollar in 2020. But get a load of this: one 1950s dollar has the same purchasing power of a mere $10.80 in today’s world. How crazy is that? This explains why just about anyone who had a job was able to buy a home in the ’50s.