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 $17,000.00 from 1830 is:
| $408,000.00 || using the Consumer Price Index |
| $398,000.00 || using the GDP deflator |
| $4,350,000.00 || using the unskilled wage |
| $7,800,000.00 || using the Production Worker Compensation |
| $10,100,000.00 || using the nominal GDP per capita |
| $240,000,000.00 || using the relative share of GDP |
Data for consumer bundle only starts in 1900.
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.
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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