Living in Anjou , France,
For the many not for the few
posted 3 years ago
David Livingston wrote:12$ in 1893 I wonder what that would be worth now
It depends on what method of calculating relative worth you use.
Roughly $326 of today's dollars if using the "real value" method (best used for commodity goods like a bundle of bread, milk, eggs, etc) but $1620 if using the unskilled laborer wage method or $2720 if using the production worker wage method. I'm inclined to believe that the production worker wage method is the most accurate in this case, which would put their top-shelf blades at a dealer cost of $226.66 of today's dollars.
This online calculator utility is a handy resource when looking at historical prices, as it breaks down a bunch of different method calculations with explanations of what indexes were used in the calculation.