Seven Ways to Compute the Relative Value of a U.S. Dollar Amount - 1774 to Present

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In 2009, the relative worth of $2.16 from 1947 is:

$20.70 using the Consumer Price Index
$17.20 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
$58.00 using the nominal GDP per capita
$124.00 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.

For construction of the Indicators, go to CPI | GDP | Consumer Bundle | Unskilled Wage | Compensation of Production Workers series.



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Citation

Samuel H. Williamson, "Seven Ways to Compute the Relative Value of a U.S. Dollar Amount, 1774 to present," MeasuringWorth, April .

URL: www.measuringworth.com/uscompare/

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