The year 1974 · in the United States and the world

What happened in 1974

The cost of living, the songs at #1, the news and the people in charge in 1974, rebuilt from public records. Born that year? Your exact day has its own story.

Postage stamp

10¢

78¢ today

President

Richard Nixon → Gerald Ford

Biggest #1

“The Way We Were”

Barbra Streisand

$1 then is

$6.82

in today’s money

01 · Cost of living

How much things cost in 1974

U.S. average prices for 1974, next to the latest official figure (Sep 2026). By the Consumer Price Index, $1 in 1974 buys what $6.82 buys today.

GENERAL STORE

U.S. AVERAGE PRICES · 1974

ITEM1974TODAYGallon of gasregular unleaded—$4.48Loaf of white breadper lb—$1.83Gallon of milkwhole—$4.11Dozen eggsgrade A large—$2.27Pound of coffeeground roast—$9.33Postage stampfirst-class letter10¢78¢Median new homeUS sale price$36,050$393,300Minimum wagefederal, per hour$2.00$7.25

POSTAGE STAMP COSTS 7.8× WHAT IT DID

Yearly averages · wage and stamp on July 1
— = no official series for 1974 yet

Housing: the median new home sold for $36,050, or about 9 years of full-time work at the minimum wage. Today the median is $393,300.

Mail: a first-class stamp cost 10¢ (the rate changed in 1974: 10¢ from March 2, 1974). It is 78¢ now.

Stocks: the S&P 500 now stands about 93× its average level in 1974 (price only, before dividends and inflation).

Not yet tracked in 1974: gallon of gas (official averages start in 1976), loaf of white bread (official averages start in 1980), gallon of milk (official averages start in 1996), dozen eggs (official averages start in 1980), pound of coffee (official averages start in 1980). We leave these blank rather than guess.

Sources: U.S. Bureau of Labor Statistics average prices, Census Bureau and Department of Labor viaFRED; USPS rate history; S&P from Robert Shiller’s public data.

02 · On the radio

The #1 songs of 1974

36 songs reached the top of the Billboard Hot 100 in 1974. The one that stayed longest:

“The Way We Were”

Barbra Streisand · 3 weeks at #1 in 1974

Tap the cover for a 30-second preview

  1. Jan 5Time In A BottleJim Croce1 wk
  2. Jan 12The JokerThe Steve Miller Band1 wk
  3. Jan 19Show And TellAl Wilson1 wk
  4. Jan 26You're SixteenRingo Starr1 wk
  5. Feb 2The Way We WereBarbra Streisand3 wks
  6. Feb 9Love's ThemeLove Unlimited Orchestra1 wk
  7. Mar 2Seasons In The SunTerry Jacks3 wks
  8. Mar 23Dark LadyCher1 wk
  9. Mar 30Sunshine On My ShouldersJohn Denver1 wk
  10. Apr 6Hooked On A FeelingBlue Swede1 wk
  11. Apr 13Bennie And The JetsElton John1 wk
  12. Apr 20TSOP (The Sound Of Philadelphia)MFSB Featuring The Three Degrees2 wks
  13. May 4The Loco-MotionGrand Funk2 wks
  14. May 18The StreakRay Stevens3 wks
  15. Jun 8Band On The RunPaul McCartney And Wings1 wk
  16. Jun 15Billy, Don't Be A HeroBo Donaldson And The Heywoods2 wks
  17. Jun 29SundownGordon Lightfoot1 wk
  18. Jul 6Rock The BoatThe Hues Corporation1 wk
  19. Jul 13Rock Your BabyGeorge McCrae2 wks
  20. Jul 27Annie's SongJohn Denver2 wks
  21. Aug 10Feel Like Makin' LoveRoberta Flack1 wk
  22. Aug 17The Night Chicago DiedPaper Lace1 wk
  23. Aug 24(You're) Having My BabyPaul Anka with Odia Coates3 wks
  24. Sep 14I Shot The SheriffEric Clapton1 wk
  25. Sep 21Can't Get Enough Of Your Love, BabeBarry White1 wk
  26. Sep 28Rock Me GentlyAndy Kim1 wk
  27. Oct 5I Honestly Love YouOlivia Newton-John2 wks
  28. Oct 19Nothing From NothingBilly Preston1 wk
  29. Oct 26Then Came YouDionne Warwicke & Spinners1 wk
  30. Nov 2You Haven't Done NothinStevie Wonder1 wk
  31. Nov 9You Ain't Seen Nothing Yet/Free Wheelin'Bachman-Turner Overdrive1 wk
  32. Nov 16Whatever Gets You Thru The NightJohn Lennon With The Plastic Ono Nuclear Band1 wk
  33. Nov 23I Can HelpBilly Swan2 wks
  34. Dec 7Kung Fu FightingCarl Douglas2 wks
  35. Dec 21Cat's In The CradleHarry Chapin1 wk
  36. Dec 28Angie BabyHelen Reddy1 wk

Dates are the first chart week at #1 in 1974; weeks count only those in 1974.Find the #1 song on your birthday →

Your day, not just your year

Born in 1974? Meet your day.

The weather in your city, the moon over it and the song on the radio the day you arrived in 1974.

See your exact day →

The weather, the sky and the #1 song from that exact day, in your city

03 · The news

Major events of 1974

Moments from 1974 that are still remembered, in date order.

  1. Jan 15American serial killer Dennis Rader, also known as the "BTK killer", murdered his first four victims.
  2. Feb 4American newspaper heiress and socialite Patty Hearst was kidnapped by the Symbionese Liberation Army, which she later joined.
  3. Mar 1Watergate scandal: Seven are indicted for their role in the Watergate break-in and charged with conspiracy to obstruct justice.
  4. Apr 3The Super Outbreak of 148 tornadoes began, killing at least 315 people and injuring 5,484 in 13 US states at the end of a very strong La Niña event.
  5. Apr 6ABBA won the Eurovision Song Contest representing Sweden with the song "Waterloo".
  6. Apr 8Hank Aaron passes Babe Ruth as the all-time leader in career home runs by hitting his 715th home run off of Al Downing at Atlanta-Fulton County Stadium.
  7. Apr 29Watergate scandal: United States President Richard Nixon announces the release of edited transcripts of White House tape recordings relating to the scandal.
  8. Jun 4Major League Baseball's Cleveland Indians hosted Ten-Cent Beer Night, but had to forfeit the game to the Texas Rangers due to rioting by drunken fans.
  9. Jun 27U.S. president Richard Nixon visits the Soviet Union.
  10. Jul 30Watergate scandal: U.S. President Richard Nixon releases subpoenaed White House recordings after being ordered to do so by the Supreme Court of the United States.
  11. Aug 9On the verge of an impeachment and removal from office amid the Watergate scandal, Richard Nixon became the first president of the United States to resign.
  12. Sep 8Watergate scandal: U.S. president Gerald Ford gave his recently resigned predecessor Richard Nixon a controversial full and unconditional pardon for any crimes he committed while in office.
  13. Dec 13Malta becomes a republic within the Commonwealth of Nations.
  14. Dec 19Nelson Rockefeller is sworn in as Vice President of the United States under President Gerald Ford under the provisions of the Twenty-fifth Amendment to the United States Constitution.

Event summaries from Wikipedia’s “On this day”, CC BY-SA 4.0. Each links to its article.

04 · Who was in charge

The president and world leaders in 1974

  • U.S. President

    Richard Nixon → Gerald Ford

  • UK Prime Minister

    Edward Heath → Harold Wilson

  • Prime Minister of Canada

    Pierre Trudeau

  • President of France

    Georges Pompidou → Alain Poher → Valéry Giscard d'Estaing

  • German Chancellor

    Willy Brandt → Walter Scheel → Helmut Schmidt

  • Prime Minister of Japan

    Kakuei Tanaka → Takeo Miki

  • Soviet leader

    Leonid Brezhnev

Everyone who held the office at some point in 1974, from Wikidata.

05 · At the movies and on TV

Films and TV of 1974

Best Picture at the 1974 Oscars

The Sting

honouring films of 1973

The 1974 film that won next spring

The Godfather Part II

Best Picture at the 1975 Oscars

American films released

  • The Godfather Part II
  • Chinatown
  • The Man with the Golden Gun
  • The Conversation
  • Murder on the Orient Express
  • Young Frankenstein

New on American TV

  • Little House on the Prairie
  • Happy Days
  • The Six Million Dollar Man
  • Police Woman

A selection of the best-documented titles on Wikidata, by first release year; not a box-office ranking.

06 · Born in 1974

Famous people born in 1974

Anyone born in 1974 belongs to the Generation X (1965–1980).

From Wikipedia’s “On this day”, CC BY-SA 4.0.

Quick answers

Quick answers about 1974

How much did a house cost in 1974?

The median sale price of a new home in the U.S. was $36,050 in 1974, according to the Census Bureau. The latest figure is $393,300 (Jul 2026).

What was the #1 song of 1974?

“The Way We Were” by Barbra Streisand spent the most weeks at #1 on the Billboard Hot 100 in 1974: 3 weeks. 36 different songs reached #1 that year.

Who was president in 1974?

Richard Nixon and Gerald Ford both served as President of the United States during 1974.

How much is $1 from 1974 worth today?

Prices have risen about 6.8× since 1974, so $1 then buys what about $6.82 buys today, by the Consumer Price Index (Sep 2026). A first-class stamp cost 10¢ in 1974.

Your day, not just your year

1974 was the year. Which day was yours?

Pick your birthday and city. We’ll rebuild that day: the weather outside, the sky overhead, the song on the radio and what a dollar bought.

See your exact day →

The weather, the sky and the #1 song from that exact day, in your city