The following chart was prepared from information presented on the Internet by Samuel Williamson at http://www.eh.net/hmit/compare/. Mr. Williamson based these conversions on the Consumer Price Index.
|
Dollar in: |
Value in 2003 |
|
1854 |
21.79 |
|
1857 |
20.96 |
|
1860 |
22.01 |
|
1861 |
20.76 |
|
1862 |
18.19 |
|
1863 |
14.57 |
|
1864 |
11.64 |
|
1867 |
12.36 |
|
1868 |
12.87 |
|
1869 |
13.42 |
|
1870 |
14.02 |
|
1871-72 |
14.97 |
|
1873 |
15.28 |
|
1874 |
16.06 |
|
1875 |
16.67 |
|
1876 |
17.06 |
|
1877 |
17.47 |
|
1878-79 |
18.34 |
|
1880-82 |
17.89 |
|
1883 |
18.19 |
|
1884 |
18.65 |
|
1885 |
18.97 |
|
1886 |
19.47 |
|
1887-88 |
19.30 |
|
1888-89 |
19.83 |
|
1890-92 |
20.19 |
|
|
The use of Mr. Williamson's information was chosen to accompany the text of my article, entitled "The Old Tin Box." This article is being used only for this freepages website offered by Rootsweb.