Cost of Living
Yearly Inflation Rate USA 1.20%- Year End Close Dow Jones Industrial Average 652
- Average Cost of new house $12,500.00
- Average Income per year $5,556.00
- Average monthly rent $110.00 per month
- Tuition to Harvard University $1,520.00
- All Wheel Drive Scout off road $2,150.00
- Renault Imported car $1,395.00
- Average Cost of a new car $3,125.00
- Eggs per dozen 32 cents
- Gas per Gallon 28 cents
Popular Culture
Beatles Turned Down By Decca Records- Release of first Beatles recording: the single “Love Me Do”
- Andy Warhol’s famous painting of a can of soup
- Beverly Hill Billies is on TV
- The Dick Van Dyke show on TV
- Johnny Carson begins as presenter for The Tonight Show
Popular Films
West Side Story- Spartacus
- El Cid
- Lawrence of Arabia
- To Kill a Mockingbird
Popular Singers
The Beatles- Bob Dylan
- Chubby Checker
- Frankie Valli & The Four Seasons
- Neil Sedaka
- Roy Orbison
Born This Year
Demi Moore- Doug Flutie
- Emilio Estevez
- Evander Holyfield
- Garth Brooks
- Jackie Joyner-Kersee
- Jennifer Jason Leigh
- Jim Carrey
- Joan Cusack
- Jodie Foster
Jon Bon Jovi- Patrick Cassidy
- Rosie O’Donnell
- Sheryl Crow
- Tom Cruise
- Wesley Snipes
Major Events
John F. Kennedy is president and Lyndon Johnson is vice president of the United States- By a vote of 6 to 1, the Supreme court bans prayer in public schools
- Richard Nixon quits politics saying “You won’t have Nixon to kick around anymore”
- Pat Brown defeats Richard Nixon in the California gubernatorial race
- Rioting on the University of Mississippi campus following black student James Meredith attempt to enroll ended when federal troops and U.S. marshals take control
Cuban Missile Crisis is averted when President Kennedy and Soviet premiere Khrushchev agree to remove missiles- A U.S. embargo ordered by President Kennedy goes into effect on all imports from Cuba including tobacco, seafood, fruits, and vegetables
- Pope John XXIII convenes the Second Vatican Council, which will modernize many practices of the Catholic Church
- The United Nations General Assembly condemns South Africa’s racist apartheid policies and calls for all UN member states to cease military and economic relations with the nation
- Nazi war criminal Adolf Eichmann executed in Israel
- U.S. establishes semi-permanent military presence in Vietnam
