1956....what a wonderful year

[ChicosBailBonds]

1955-56 was the last time Seton Hall defeated Marquette. 

So what happened during that season/


Yearly Inflation Rate USA 0.28%
Average Cost of new house $10.950.00
Average Monthly Rent $87.00
Average Yearly Wages $4.130.00
Minimum Hourly Rate $1.00
Average Cost of a new car $1,900.00
Cost of a gallon of Gas 23 cents
Ladies Swim Suits $12.95
Black and White TV $99.95

1955 consumerism takes off in a big way with the sale of some 7.9 million cars in the US with 7 out of 10 families now owning a motor car, and new laws were put in place requiring seat belts to be installed on all new cars. The average wages were now $3,851 per year, and the minimum wage was raised to $1.00 per hour. The first McDonalds was erected in 1955 and more fast foods and TV dinners are appearing including fish fingers. The first cans of Coca-Cola are sold up till then it had only been sold in bottles. Rock and Roll music continues to grow in popularity with more idols including Elvis Presley , Bill Haley and the Comets, Chuck Berry and The Platters, and young men's fashion matches the times with pink shirts and charcoal grey suits.

1956 the increase in living standards and the focus on education helped to fuel the increase in college education with 1 in 3 high school graduates now going off to college. TV shows included "As The World Turns" and "The Price is Right". Mothers could now buy disposable diapers and tefal non stick Frying Pans. Elvis Presley appears on the Ed Sullivan show and enters the music charts for the first time, with "Heartbreak Hotel".