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

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In 2017, the relative price worth of $5,000,000,000.00 from 2011 is:
$5,450,000,000.00 using the Consumer Price Index
$5,500,000,000.00 using the GDP deflator
In 2017, the relative amount consumers spend worth of $5,000,000,000.00 from 2011 is:
$5,950,000,000.00 using the Value of Consumer Bundle
In 2017, the relative wage or income worth of $5,000,000,000.00 from 2011 is:
$5,770,000,000.00 using the unskilled wage
$6,030,000,000.00 using the Production Worker Compensation
$6,000,000,000.00 using the nominal GDP per capita
In 2017, the relative output worth of $5,000,000,000.00 from 2011 is:
$6,270,000,000.00 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.



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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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