Seven Ways to Compute the Relative Value of a U.S. Dollar Amount - 1774 to Present
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In 2010, the relative worth of $13,500,000.00 from 1912 is:
| $313,000,000.00 || using the Consumer Price Index |
| $226,000,000.00 || using the GDP deflator |
| $596,000,000.00 || using the value of consumer bundle |
| $1,320,000,000.00 || using the unskilled wage |
| $1,910,000,000.00 || using the Production Worker Compensation |
| $1,650,000,000.00 || using the nominal GDP per capita |
| $5,350,000,000.00 || 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.
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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