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Price and wage controls enacted by the government had been successful and inflation had gone down to 3.27%. In the second quarter of the year, families were paying more than 14% of their disposable income toward their debt and mortgage delinquencies, and bankruptcy cases also rose. - Potatoes (1 pound): $0.37 ($0.74 in todays dollars) - Chappie Dog Food, 7d (3p) per tin. Federal aid finally came through with the formation of the Reconstruction Finance Corporation, which offered financial assistance to railroads, banks, and business corporations, later expanding to include agriculture, and state and local public works. - Fresh delivered milk (1/2 gallon): $0.31 ($4.66 in todays dollars). 2 In 1940, bread cost an average of $0.08 per pound. - White bread (1 pound): $1.33 ($1.41 in todays dollars) It may have cost rod. - Sliced bacon (1 pound): $5.47 ($5.67 in todays dollars) - Round steak (1 pound): $1.10 ($8.57 in todays dollars) However, Americans did save money on food, with more individuals opting to eat at home due to the high cost of dining out and a desire to eat healthier, as well as the availability of entertainment courtesy of streaming services. - Sliced bacon (1 pound): $3.39 ($4.52 in todays dollars) - Round steak (1 pound): $0.36 ($6.74 in todays dollars) Costs of the war WebEnd October President of the United States Franklin D. Roosevelt approves US$ 1bn in Lend-Lease aid to Britain. An online calculator shows you how much prices have changed over the years in your part of the UK. Heres a snapshot of life and pop culture in 1963. - Potatoes (1 pound): $0.36 ($0.58 in todays dollars) With the implementation of the Canada-U.S. Free Trade Agreement, trade increased between the two countries at a rapid clip. Wisconsin Historical Society // Getty Images, State Library of New South Wales // Flickr, SMU Libraries Digital Collections // Flickr, U.S. National Archives and Records Administration // Wikimedia Commons, U.S. National Archives and Records Administration // Wikimdia Commons, OSU Special Collections & Archives // Wikimedia Commons, The Library of Virginia // Wikimedia Commons, State Library and Archives of Florida // Wikimedia Commons, U.S. Department of Agriculture // Wikimedia Commons, State Archives of North Carolina // Wikimedia Commons, Countries with the most oil and who they're selling it to. - Round steak (1 pound): $0.76 ($8.87 in todays dollars) - Fresh eggs (1 dozen): $0.53 ($3.41 in todays dollars)