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 $1.00 from 1904 is:

$24.90 using the Consumer Price Index
$19.90 using the GDP deflator
$111.00 using the unskilled wage
$148.00 using the nominal GDP per capita
$555.00 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, 1790 to Present," MeasuringWorth, 2010. URL http://www.measuringworth.com/uscompare/

Please read our Note on Data Revisions.

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