merari42@lemmy.world to memes@lemmy.world · 8 months agoYou give me your laughter but Mr. T pities melemmy.worldimagemessage-square7fedilinkarrow-up1310arrow-down12
arrow-up1308arrow-down1imageYou give me your laughter but Mr. T pities melemmy.worldmerari42@lemmy.world to memes@lemmy.world · 8 months agomessage-square7fedilink
minus-squareReveredOxygen@sh.itjust.workslinkfedilinkEnglisharrow-up2·edit-28 months agoLouisiana purchase was approx $18/mi². 1 mi² = 640 acre, so 900 acres was $25. No inflation calculator goes back that far, but I don’t think $25 then was worth $500,000 now Edit: no idea how reliable https://www.officialdata.org/us/inflation/1803?amount=25 is, but it claims $25 then is $681 now
The Louisiana purchase
Louisiana purchase was approx $18/mi². 1 mi² = 640 acre, so 900 acres was $25. No inflation calculator goes back that far, but I don’t think $25 then was worth $500,000 now
Edit: no idea how reliable https://www.officialdata.org/us/inflation/1803?amount=25 is, but it claims $25 then is $681 now