Tilted Forum Project Discussion Community - View Single Post - How Much Did Penny Candy Cost: Historic Value of Money

Randerolf · 02-17-2006, 11:08 PM

Sending a letter via Ponny Express in 1861 cost $1. (http://www.nps.gov/poex/hrs/hrs3e.htm)Cheap right?

In 1914 car manufacturers were paid $2.34 for a nine hour day until Ford raised it to $5 and hour A bargain, right?

So, how much did your grandparents penny candy really cost?

In my economics class, my proffessor showed us a site that converts money in the past into its value today. http://eh.net/hmit/compare/

I want to look at some of the historic photos at work and see how much a shake really cost.

Try it next time old people complain about how high prices are. I'll post back when I talk to my grandma and see how much she made an hour and see how much it is in todays dollars. What interesting figures can you come up with? (There is one for British pounds too) How much did a ticket on the Titanic cost?

BTW - Mailingthat letter in 1861 cost $21.31 using the Consumer Price Index

In 1914, the auto workers wage of works out to $21.81 an hour for a nine hour day.

02-17-2006, 11:08 PM	#1 (permalink)
Randerolf Fireball Location: ~	How Much Did Penny Candy Cost: Historic Value of Money Sending a letter via Ponny Express in 1861 cost $1. (http://www.nps.gov/poex/hrs/hrs3e.htm)Cheap right? In 1914 car manufacturers were paid $2.34 for a nine hour day until Ford raised it to $5 and hour A bargain, right? So, how much did your grandparents penny candy really cost? In my economics class, my proffessor showed us a site that converts money in the past into its value today. http://eh.net/hmit/compare/ I want to look at some of the historic photos at work and see how much a shake really cost. Try it next time old people complain about how high prices are. I'll post back when I talk to my grandma and see how much she made an hour and see how much it is in todays dollars. What interesting figures can you come up with? (There is one for British pounds too) How much did a ticket on the Titanic cost? BTW - Mailingthat letter in 1861 cost $21.31 using the Consumer Price Index In 1914, the auto workers wage of works out to $21.81 an hour for a nine hour day.