1958

What Was Happening in 1958

The jet age arrives as Britain confronts racial tension and Munich mourns.

Born in

By the Numbers in 1958

World Population

UK Life Expectancy

54.6 years

US Life Expectancy

55.2 years

Gold Price (per oz)

$35.08

Dow Jones Index

540

US National Debt

Sovereign Nations

83

How Much Did Things Cost in 1958?

ItemUKUS
Average house price£2,300$10,500
Average salary£590/year$4,250/year
Pint of milk4d$0.25
Loaf of bread6d$0.19
Dozen eggs3s 6d$0.62
Pint of beer1s 5d$0.43
Gallon of petrol/gas4s 2d$0.31
Cinema ticket2s 3d$0.65

Technology and Inventions in 1958

The jet age arrived for transatlantic passengers as both BOAC (de Havilland Comet 4) and Pan Am (Boeing 707) launched commercial jet services across the Atlantic. NASA was established to coordinate America's space programme after the Sputnik shock. The integrated circuit was independently invented by Jack Kilby at Texas Instruments and Robert Noyce at Fairchild Semiconductor.

  • NASA established by the National Aeronautics and Space Act
  • First transatlantic jet passenger services by BOAC and Pan Am
  • Jack Kilby invents the integrated circuit at Texas Instruments
  • USS Nautilus completes the first submarine voyage under the North Pole

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More About 1958

What Was Happening — A journey through the years