General Question

richardhenry's avatar

What was $5000 (USD) worth in 1960, comparable to today?

Asked by richardhenry (12692points) March 30th, 2008

Does anyone know? Or even better, of a way to calculate it?

Observing members: 0 Composing members: 0

11 Answers

Michael's avatar

$5000 in 1960 is worth about $35,700 today.

http://data.bls.gov/cgi-bin/cpicalc.pl

Michael (2685points)“Great Answer” (2points) Flag as…
Michael's avatar

Curse you johnpowell and your remarkably quick fingers!

: )

Michael (2685points)“Great Answer” (0points) Flag as…
jrpowell's avatar

At least you included the answer.

jrpowell (40562points)“Great Answer” (0points) Flag as…
richardhenry's avatar

That’s awesome guys, thanks. Do you know of any for other currencies such as the GB£? (More out of interest than anything else.)

richardhenry (12692points)“Great Answer” (0points) Flag as…
jrpowell's avatar

England

Google Consumer Price Index Calculator with the currency and that should help.

jrpowell (40562points)“Great Answer” (1points) Flag as…
richardhenry's avatar

Thanks again.

richardhenry (12692points)“Great Answer” (0points) Flag as…
richardhenry's avatar

(Off topic: that animation on the Bank of England site is pretty random.)

richardhenry (12692points)“Great Answer” (0points) Flag as…
buster's avatar

about two new cadillacs

buster (10279points)“Great Answer” (0points) Flag as…
susanc's avatar

Well, a person or two could live on it…. but back then there weren’t any credit cards
and it wasn’t considered loserish to own almost nothing.

susanc (16144points)“Great Answer” (0points) Flag as…
docshep's avatar

convert dollars in 1805 to 2009

docshep (2points)“Great Answer” (0points) Flag as…

Answer this question

Login

or

Join

to answer.

This question is in the General Section. Responses must be helpful and on-topic.

Your answer will be saved while you login or join.

Have a question? Ask Fluther!

What do you know more about?
or
Knowledge Networking @ Fluther