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1956: Cost of Living

1956 Cost of Living Comparisons. 3

  • Avg. Car Cost : $2,050

  • Avg. Household Income: $4,450

  • Avg. Home: $11,700

  • Avg. Gallon of Gas: $0.22

Major News Events 

List of 1956 Major News Events in History. 4

  1. President Dwight D. Eisenhower re-elected President of the United States.

  2. Federal-Aid Highway Act signed into law on 29th June for the construction of 41,000 miles of interstate highways.

  3. Elvis Presley First Hit "Heartbreak Hotel."

  4. The epic film "The Ten Commandments" premieres.

  5. Rocky Marciano retires as the only undefeated Heavyweight Champion of the world.

  6. The first hard disk is invented by IBM.

  7. The first half-hour serial "As the World Turns" begins on CBS.

  8. Rock and Roll Dance Craze sweeps the World.

  9. Grace Kelly marries Prince Rainier.

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