Seven Ways to Compute the Relative Value of a U.S. Dollar Amount - 1774 to Present
In 2009, the relative worth of $2.16 from 1947 is:
|$20.70||using the Consumer Price Index|
|$16.70||using the GDP deflator|
|$31.00||using the value of consumer bundle|
|$36.40||using the unskilled wage|
|$43.40||using the Production Worker Compensation|
|$58.50||using the nominal GDP per capita|
|$125.00||using the relative share of GDP|
If you need help/ determining which result is most appropriate for you, see Choosing the Best Indicator to Measure Relative Worth.
Samuel H. Williamson, "Seven Ways to Compute the Relative Value of a U.S. Dollar Amount, 1774 to present," MeasuringWorth, April .
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