Wednesday, February 15, 2006

How Much Is That?

How Much Is That? will let you calculate in 2004 dollars (or pounds) your ancestor's wages, or how much he paid for that piece of swamp land. As an example, one of my ancestors paid $900 for 125 acres in 1805. That $900 has the purchasing power of more than $14,000 of today's dollars. Use the "unskilled wage" option to see how much your father's dollar-a-day job really earned him. To figure out how much your grandparents' steerage tickets cost, check out the exchange rate calculator. The calculations aren't exact, so read and take into account all the caveats attached.