What was the budget for NASA in 1959?

330 million US dollars
From the graph we can see that US investment in NASA in its infancy grew exponentially, jumping from 330 million US dollars in 1959 to 5.25 billion in 1965, which translates to approximately $34 billion in 2020 dollars, which is more than NASA has ever been allocated by the US government since its founding.

How much did NASA spend in the 60s?

NASA’s annual budget, which had reached $5 billion in the mid-1960s and stood at almost $4 billion in 1969, was reduced to $3.7 billion in 1970 and just over $3 billion in 1974.

What was the budget of NASA during the space race?

The United States spent $25.8 billion on Project Apollo between 1960 and 1973, or approximately $257 billion when adjusted for inflation to 2020 dollars.

How much did Apollo 11 cost?

The Apollo Program cost roughly $25.4 billion, unadjusted, in 1973. In 2020 dollars, that’s about $194 billion adjusted for inflation. How much did Apollo 11 cost? The total cost of the Apollo Program, including Apollo 11, was $25.4 billion, unadjusted.

Do taxes pay for NASA?

We did the math, and it turns out that a little more than half a penny of every federal tax dollar ends up at NASA. That means that a family with the median household income ($49,777 according to the U.S. Census Bureau), which pays $6,629 of federal taxes, pays the space agency $33.

How much money did it cost to go to the moon in 1969?

The total cost of the Apollo Program, including Apollo 11, was $25.4 billion, unadjusted. How much did it cost to go to the moon in 1969? NASA’s total budget appropriations for the Apollo Program through 1969 was $16.1 billion per official documents.

Does NASA make profit?

NASA Strengthens the Economy The report estimates NASA efforts during that period: Generated more than $64.3 billion in total economic output. Supported more than 312,000 jobs nationwide. Resulted in an estimated $7 billion in federal, state, and local tax revenues.

How much did Neil Armstrong get paid to go to moon?

Neil Armstrong’s Salary At the time of the Apollo 11 flight in 1969, Neil Armstrong was paid a salary of $27,401 and was the highest paid of the flying astronauts, according to the Boston Herald. That translates to $190,684 in 2019 dollars.