Cost of Living 1992
How Much things cost in 1992
Yearly Inflation Rate USA 3.03%
Year End Close Dow Jones Industrial Average 3301
Interest Rates Year End Federal Reserve 6.00%
Average Cost of new house $122,500.00
Average Income per year $30,030.00
Average Monthly Rent $519.00
Cost of a gallon of Gas $1.05
1 LB of Bacon $1.92
Average cost of new car $16,950.00
What Events Happened in 1992
- Ross Perot announces he will run as an independent in the upcoming presidential race against Bill Clinton and President Bush
- Bosnia Herzegovina declares independence . A 3 year war follows between Muslims, Serbs and Croats prompting UN intervention
- Hurricane Andrew hits South Florida August 22nd
- McDonalds opens first McDonalds in Beijing China
- Euro Disney opens in France
- TWA (airline) Declares Bankruptcy
- Bill Clinton becomes U.S. president
- IRAQ Continues to hamper the efforts of UN Weapons Inspectors
- The 27th Amendment to the US constitution is ratified Available as a downloadable image on our Public Domain Images Page
- The largest shopping mall in the US, Minnesota's Mall of America is constructed spanning 78 acres
- The Summer Olympics are held in Barcelona, Spain
- Rioting breaks out in Los Angeles following the acquittal of four white police officers accused of beating black motorist Rodney King.
- The North American Free Trade Agreement between U.S.A. , Canada and Mexico is signed
- Bosnia and Herzegovina Recognized As Independent 1992
Technology
- Windows 3.1 released by Microsoft
- Microsoft Works released by Microsoft
- AT & T release video telephone for $1,499
- The first Nicotene patch is introduced to help stop smoking
- Space Shuttle Endeavour successful maiden voyage
Popular Films
· Aladdin
· Home Alone 2: Lost in New York
· Batman Returns
· Lethal Weapon 3
· A Few Good Men
· Sister Act
· The Bodyguard
· Wayne's World
· Basic Instinct
· Unforgiven
· Honey, I Blew Up The Kid
· Reservoir Dogs
Popular Musicians
· Pearl Jam
§ Color Me Badd with all for love
§ Toad the Wet Sprocket
§ Vanessa Paradis
§ Nirvana
§ Peter Gabriel
§ Primal Scream
§ R.E.M.
§ Boyz II Men with End of The Road
§ Madonna with This Used to be my Playground
§ U2
§ The Cure
§ Kiss
§ Genesis
§ Mariah Carey with Ill Be There
§ House of Pain
§ Bon Jovi
§ Eric Clapton
§ Def Leppard
§ Manic Street Preachers
§ Metallica
§ Michael Jackson
Information retrieved from http://www.thepeoplehistory.com/1992.html
Starting to remember the good ol' days??????
