Purchasing power of one US dollar in every year from 1635 to 2020

# · 🔥 194 · 💬 202 · 4 days ago · www.statista.com · throwkeep
Published by Aaron O'Neill, Nov 2, 2020 When converted to the value of one US dollar in 2020, goods and services that cost one dollar in 1700 would cost just over 63 dollars in 2020, this means that one dollar in 1700 was worth approximately 63 times more than it is today. This data can be used to calculate how much goods and services from the years shown would cost today, by multiplying the price from then by the number shown in the graph. An item that cost 50 dollars in 1970 would theoretically cost 335.5 US dollars in 2020, although it is important to remember that the prices of individual goods and services inflate at different rates than currency, therefore this graph must only be used as a guide. Bureau of Labor Statistics, & OSU. Purchasing power of one US dollar in every year from 1635 to 2020* [Graph]. Bureau of Labor Statistics, und OSU. "Purchasing power of one US dollar in every year from 1635 to 2020*." Chart. Bureau of Labor Statistics, OSU. Purchasing power of one US dollar in every year from 1635 to 2020*. Bureau of Labor Statistics & OSU, Purchasing power of one US dollar in every year from 1635 to 2020* Statista, https://www.
Purchasing power of one US dollar in every year from 1635 to 2020



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