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Question: What was the buying power of one thousand dollars (US) in 1860!?
For example, was that enough to comfortably support a family of four in a major American city for a year (what!? $50k now!?)Www@QuestionHome@Com


Best Answer - Chosen by Asker:
$1000 (1860) = $25,000 (2007)!.
$1000 (2007) = $40 (1860)!.

Some 1861 food prices:
http://www!.foodtimeline!.org/foodpioneer!.!.!.!.

Here's another source on comparative value!.
$25,724!.81 using the Consumer Price Index
$20,052!.87 using the GDP deflator
$163,500!.00 using the unskilled wage *
$331,494!.70 using the nominal GDP per capita
$3,177,745!.96 using the relative share of GDP

I have to thank you!. I love it when a question results in my finding a great source, and the second source is one of those!. That's worth a star!.Www@QuestionHome@Com

enough to buy several slaves!.Www@QuestionHome@Com