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

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In 2014, the relative price worth of $6,000.00 from 1817 is:
$110,000.00 using the Consumer Price Index
$120,000.00 using the GDP deflator
In 2014, the relative amount consumers spend worth of $6,000.00 from 1817 is:
In 2014, the relative wage or income worth of $6,000.00 from 1817 is:
$1,190,000.00 using the unskilled wage
$3,750,000.00 using the Production Worker Compensation
$3,740,000.00 using the nominal GDP per capita
In 2014, the relative output worth of $6,000.00 from 1817 is:
$136,000,000.00 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.



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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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