1979 Toyota Corolla
1979 Toyota Corolla

Cost of Living 1979

How Much things cost in 1979
Yearly Inflation Rate USA 11.2%
Year End Close Dow Jones Industrial Average 838
Interest Rates Year End Federal Reserve 15.25%
Average Cost of new house $58,100.00
Average Income per year $17,500.00
Average Monthly Rent $280.00
Cost of a gallon of Gas 86 cents
Sony Walkman $200.00
Chess Challenger Computer Chess Game $199.49
Pachinko Pinball Machine $199.49
Jox Trainers $14.99
Girls Denim Overalls $24.00
Atari Video Computer System $199.00
JVC VHS Video Recorder System $54.99
Mens Blazer, Vest and Slacks $39.99
King Size Bean Bag Chair $19.99
Toyota Corolla $3,698.00
Mercury Couger XR7 $6,430.00

Normandy's Best Athletes:

Sheila Stewart and Bernard Knox


ESPN launches

  • ESPN launches on cable television.
The ESPN (Entertainment and Sports Programming Network) television network is launched on cable television at 7pm Eastern Time on September 7th, 1979. The network was created by Bill and Scott Rasmussen along with Ed Eagan as a channel dedicated to true sports fans. History of Sports Home

ESPN launched with the airing of a live episode of their signature program Sports Center, anchored at the time by George Grande and Lee Leonard.

Within a year the network became a 24/7 television service and within a few more years it gained rights to broadcast games for the NBA. ESPN was soon purchased by ABC in 1984 and it blossomed into the powerhouse network it has become today, a popular source for sports news and exclusive sports events.

American football





Men's professional

Men's amateur

Women's professional

Ice hockey



The Walkman Invented

September 1 – The American Pioneer 11 becomes the first spacecraft to visit Saturn when it passes the planet at a distance of 21,000 km.

1979 was the 100th anniversary of the birth of Albert Einstein

Artificial heart

June 12, 1979 Cell Phone Invented