By the Numbers in 1962
World Population
—
UK Life Expectancy
55.1 years
US Life Expectancy
55.6 years
Gold Price (per oz)
$35.35
Dow Jones Index
660
US National Debt
—
Sovereign Nations
97
How Much Did Things Cost in 1962?
| Item | UK | US |
|---|---|---|
| Average house price | £2,950 | $12,800 |
| Average salary | £800 | $5,650 |
| Pint of milk | 5d | $0.13 |
| Loaf of bread | 6d | $0.21 |
| Dozen eggs | 3s 9d | $0.55 |
| Pint of beer | 1s 3d | $0.30 |
| Gallon of petrol/gas | 4s 8d | $0.31 |
| Cinema ticket | 3s 0d | $0.70 |
Technology and Inventions in 1962
The space race accelerated with manned orbital flights. Telstar made live transatlantic TV possible, the first computer video game appeared, and transistor technology was steadily shrinking electronic devices.
- ● John Glenn orbited Earth aboard Friendship 7
- ● Telstar 1 satellite enabled first live transatlantic TV broadcast
- ● The first computerised video game Spacewar! was created at MIT
- ● The Audio cassette compact tape was invented by Philips
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