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The Nome Nugget
Nome, Nome County, Alaska
What is this article about?
University of Alaska report indicates average food prices in Alaskan cities like Ketchikan, Juneau, Anchorage, and Fairbanks were lower in 1959 than in 1954, dropping 2-4% overall, while Seattle's rose 4-5%. December 1959 survey shows declines in most cities except seasonal increases in Kodiak, Fairbanks, and Nome.
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Alaskan food prices, on the average, were lower in '1959 than in 1954 despite increases in transportation costs, wages and other operating costs, according to a report from the University of Alaska Cooperative Extension Service.
For example, the price of 25 food items was $13.33 for Ketchikan in 1954. In 1959, the price was $12.70 or 63 cents less. For Juneau, the 1954 price for the 25 items was $13.47; in 1959. $13.21.
For Anchorage, the 1954 price was $14.76; in 1959 it was $14.39.
For Fairbanks, the 1954 price was $16.37; for 1959, it was $16.02.
The extension service reported that in the five year period retail food prices in Seattle increased 4 to 5 per cent, while in Alaskan cities, prices dropped 2 to 4 per cent.
For the quarter ending in December, 1959, the survey showed declines for most Alaska cities, except for seasonal increases in Kodiak. Fairbanks and Nome.
Here are figures for the 40 item "market basket," the order being Dec. 1959 and Dec. 1958: Seattle, $16.74, $16.91; Juneau, $20.34, $20.89; Seward, $21.87, $22.39; Anchorage, $21.86, $23.89: Palmer $22.10, $22.87; Fairbanks, $24.68, $24.64; Nome, $28.15 and $28.09.
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Where did it happen?
Domestic News Details
Primary Location
Alaska
Event Date
1954 1959
Outcome
food prices dropped 2 to 4 per cent in alaskan cities; increased 4 to 5 per cent in seattle; declines in most cities for quarter ending december 1959 except seasonal increases in kodiak, fairbanks, and nome.
Event Details
Alaskan food prices averaged lower in 1959 than 1954 despite rises in transportation, wages, and operating costs, per University of Alaska Cooperative Extension Service report. Examples for 25 food items: Ketchikan $13.33 (1954) to $12.70 (1959); Juneau $13.47 to $13.21; Anchorage $14.76 to $14.39; Fairbanks $16.37 to $16.02. December 1959 vs 1958 40-item market basket: Seattle $16.74 vs $16.91; Juneau $20.34 vs $20.89; Seward $21.87 vs $22.39; Anchorage $21.86 vs $23.89; Palmer $22.10 vs $22.87; Fairbanks $24.68 vs $24.64; Nome $28.15 vs $28.09.