Genealogical Sleuthing: How
Much Is That Worth Today?

HOW MUCH IS THAT? What was the value of a U.S. dollar in 1895? Worth of the UK pound from 1830 to 2004? Genealogists will have fun playing with the "Relative Value" options available on the Internet at the site listed below. For example, if great great-grandpa's U.S. estate was worth $300 in 1832, what is it worth in 2003 dollars (the most recent year available)?

Answer: In 2003, $300 from 1832 is worth:

$6,409.63 using the Consumer Price Index
$6,672.88 using the GDP deflator
$67,354.24 using the unskilled wage
$124,932.02 using the GDP per capita
$3,316,130.48 using the relative share of GDP

(Previously published in RootsWeb Review: 14 December 2005, Vol. 8, No. 50)

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