### Five Ways to Compute the Relative Value of Australian Values, 1852 to the Present.

 In 2018, the relative price worth of £1,500   0s   0d from 1885 is: \$184,200.00 using the the Consumer Price Index \$264,000.00 using the the GDP deflator In 2018, the relative wage or income worth of £1,500   0s   0d from 1885 is: \$1,346,000.00 using the the nominal GDP per capita \$1,290,000.00 using the Average Weekly Earnings * Using National Minimum (Award) Wage. In 2018, the relative output worth of £1,500   0s   0d from 1885 is: \$12,560,000.00 using the the nominal GDP

If you need help determining which result is most appropriate for you, see Choosing the Best Indicator to Measure Relative Worth.

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#### Citation

Diane Hutchinson and Florian Ploeckl, "Five Ways to Compute the Relative Value of Australian Amounts, 1828 to the Present", MeasuringWorth, URL:www.measuringworth.com/australiacompare

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