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(2,994 posts)

6. Can be calculated based on government sources

Sun Dec 22, 2024, 10:24 AM

Sunday

$1 in 1840 is worth $36.26 today - Inflation Calculator

https://www.officialdata.org/us/inflation/1840?amount=1#:~:text=%241%20in%201840%20is%20equivalent,cumulative%20price%20increase%20of%203%2C526.36%25.

since there are 20 shillings in a pound, that would be 0.75 pounds. The conversion if rate of pounds to dollars for must of the 1800s was 1 pound was $2.20. multiplying you get $1.65. multiply that by 36.26 and you get about $60 a week.

The sentiment is correct. But the original math is faulty.

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