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What's $20 in 1791 worth today? | 211 comments | Create New Account
Comments belong to whoever posts them. Please notify us of inappropriate comments.
What's $20 in 1791 worth today?
Authored by: timkb4cq on Sunday, September 23 2012 @ 08:18 PM EDT
Hard to figure exactly given the vast difference in products available - but
around $500.

If you go by staple foodstuffs it's closer to $350. If you go by Cotton cloth
it's closer to $200. If you go by Gold it's around $1700.

If you go by median wages it's around $500

[ Reply to This | Parent | # ]

A retrial probably won't be by a jury
Authored by: tknarr on Monday, September 24 2012 @ 02:58 AM EDT

For purposes of the law? $20. A $20 bill from that time, assuming it's still legal tender, will buy you exactly $20 worth of goods and will put $20 in your bank account if deposited. The amendment doesn't indicate the amount is to be adjusted for inflation etc., so it isn't.

[ Reply to This | Parent | # ]

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