Question: How Much Did Things Cost In 1860?

How much did an apple cost in 1930?

By late 1930, corner peddling had moved so many apples that the price of apples as a commodity began to rise.

Soon, the apple association was paying $2.50 for boxes of apples it had once sold for $1.75..

How much was $1 worth in 1880?

$1 in 1880 is worth $25.54 today $1 in 1880 is equivalent in purchasing power to about $25.54 today, an increase of $24.54 over 141 years. The dollar had an average inflation rate of 2.32% per year between 1880 and today, producing a cumulative price increase of 2,453.67%.

How much was $5 1860?

$5 in 1860 is worth $156.91 today A dollar today only buys 3.19% of what it could buy back then. The 1860 inflation rate was 0.00%. The current year-over-year inflation rate (2020 to 2021) is now 1.36% 1. If this number holds, $5 today will be equivalent in buying power to $5.07 next year.

What did an acre of land cost in 1850?

There was much land for sale from the federal government, but at $1.25 an acre, no one could afford it. Adjustments to land prices were made in 1854, and more than two million acres of Ozarks land sold for an average price of 12.5 cents per acre.

What was the average salary in 1870?

Here is the average hourly wage: Occupation 1860, 1870, 1880, 1890. blacksmith, 0.178, 0.304, 0.259, 0.271. carpenter, 0.182, 0.410, 0.276, 0.322.

What was the average salary in 1860?

Laborers made about 10 cents an hour ($6 a week, or $300 per year) Privates in the Union army earned $11 a week, or $572 per year. Firemen earned 15 cents an hour ($9.00 a week, or $468 per year) Carpenters earned 14 cents an hour ($8.40 a week, or $436 per year)

How much did horses cost in 1860?

In the west US it was possible to buy a horse for as little as $10, but a decent riding equine cost around $150, with a range of $120 (1861) to $185 (1865).

How much did an acre of land cost in 1860?

The latest census showed that the United States had 31 million people, 77 of whom were killed that year in the country’s first factory disaster. Land was selling for $3 to $5 an acre, and a laborer’s wage without board was 90 cents a day.

What was the average salary in 1880?

Averages. If you worked in manufacturing (as many did during this period of mechanization), you could have expected to make approximately $1.34 a day in 1880, which adds up to $345 annually for an average 257 days of work in a given year.

How much was $25 in the 1800s?

$25 in 1800 is worth $516.81 today $25 in 1800 is equivalent in purchasing power to about $516.81 today, an increase of $491.81 over 221 years. The dollar had an average inflation rate of 1.38% per year between 1800 and today, producing a cumulative price increase of 1,967.25%.

What was the average income in 1860?

5,338 millionOur income estimate for 1860 is 5,338 million in current dollars, using the part-time assumption about employees’ work years. 24 This is 26.4 percent above Thomas Weiss’s (1993b) “broad” GDP definition.

How much did a train ticket cost in 1860?

With $1.30 in 1860 equaling about $35 today, Amtrak’s $11 Baltimore-Washington fare looks like a bargain. One travel reality hasn’t changed: the toll of war.

What was minimum wage in 1865?

(in unadjusted dollars)YEARCommon LaborCarpenters18651.502.5018661.503.001867—-2.751868—-2.5022 more rows

What would a dollar buy in 1860?

$1 in 1860 is worth $31.38 today $1 in 1860 is equivalent in purchasing power to about $31.38 today, an increase of $30.38 over 161 years. The dollar had an average inflation rate of 2.16% per year between 1860 and today, producing a cumulative price increase of 3,038.24%.

How much did things cost in 1870?

Butter per pound 15 cents Yoke of two oxen $150 Sugar per pound 7 cents heifer $18.75 1Cheese per pound 5 cents cow $26 Rice per pound 5 cents bull $90 oranges $. 50/dozen 3 year old steer $62 dried figs $. 20/pound 2 year old steer $22.50 dried apples $. 10/pound yearlings $12.50 dried apricots $.