In 1955 the minimum wage was $1 per hour. Here is what that would buy.
https://cheezburger.com/3287557/things-you-could-buy-for-1-in-the-50s-and-60s
Discussion
nostr:npub1gxv4vcqfp2ug07fd34t0swq4w2t9gsynu0cmelr6ktcna8xnv38qythh99
Those are high prices! Silver being well over $20/oz, that cereal is running $5 per box!!!