Would $196,000 In The 1920s Be A Lot Of Money
What $100 was worth in the decade you were born
American women won the right to vote in 1920, a few months in advance of the national election that anointed Warren G. Harding president of the United States.
A lot has changed in the 95-plus years since then, including what a "Benjamin," or $100 bill, can buy.
To illustrate how much the value of $100 has changed over the years, GOBankingRates used the Bureau of Labor Statistics CPI Inflation Calculator to determine what a $100 bill could buy in today's world as its purchasing power changed over the decades.
Starting in 1920, see what $100 was worth the decade you were born.
1920
Value of $100 in 1920: $1,196.30
What you can buy in 2016: 511 gallons of gas
In 1920, a $100 bill would be worth the equivalent of $1,196.30, and you could buy 511 gallons of gas at modern prices. The national average price for a gallon of gas on June 3 was $2.34, according to AAA.
Read: 10 Things You Never Knew About the $100 Bill
1925
Value of $100 in 1925: $1,367.21
What you can buy in 2016: 18 pairs of Nikes
These days, a mid-range pair of Nike running shoes cost consumers around $74.60, according to Numbeo. The inflation-adjusted equivalent of $100 in 1925 would allow consumers to purchase 18 pairs and take home some pocket change.
1930
Value of $100 in 1930: $1,432.70
What you can buy in 2016: 33 pairs of jeans
These days, a single pair of Levi's 501s, or a comparable pair of jeans, will set buyers back about $42.38, according to Numbeo. That means you could purchase 33 pairs and have $37.46 — almost enough for another pair — to put in one of your many pockets.
1935
Value of $100 in 1935: $1,746.43
What you can buy in 2016: 4 round-trip plane tickets
Today's $100 bill would have been worth the equivalent of $1,709.01 during the depths of the Depression . And, with the average domestic round-trip airfare at $363 in the fourth quarter of 2015, according to the U.S. Bureau of Transportation Statistics, that means you could purchase tickets for four round-trips these days.
1940
Value of $100 in 1940: $ 1,709.01
What you can buy in 2016: 417 Dairy Queen Blizzards
By 1940, the American economy was recovering after the Depression. Still, today's $100 bill would have been worth the equivalent of $1,709.01, enough to buy 417 medium-sized Blizzards from Dairy Queen, which cost $4.09 each these days, according to FastFoodMenuPrices.com. That would get you more than 27 of every flavor listed on the DQ website or — if you prefer — a whole lot of Butterfinger Blizzard Treats.
1945
Value of $100 in 1945: $1,329.23
What you can buy in 2016: 1 refrigerator
A $100 bill wouldn't cover the cost of many mini-fridges today, but it was worth the equivalent of $1,329.23 in 1945, enough to buy a 25.4-cubic foot Whirlpool side-by-side refrigerator from Best Buy and leave you with a little grocery money to fill it.
1950
Value of $100 in 1950: $992.78
What you can buy in 2016: 60 movie theater tickets and 60 large tubs of popcorn
The average movie ticket cost $8.42 in 2015, according to The Hollywood Reporter. And a tub of popcorn could set you back around $8, according to an ABC News story. In 1950, $100 was worth the equivalent of $992.78, enough to buy 60 movie tickets, plus a large tub of popcorn for each flick.
1955
Value of $100 in 1955: $892.76
What you can buy in 2016: 8 MLB game tickets and 26 hot dogs at the game
In 1950, $100 was worth the equivalent of $892.76, enough to buy eight premium Major League Baseball game tickets, which averaged $96.94 each league-wide, and 26 hot dogs, which averaged $4.39 each, according to Team Marketing Report, a sports marketing information firm.
1960
Value of $100 in 1960: $808.31
What you can buy in 2016: 16 one-hour massages
A one-hour introductory massage session at Massage Envy will set you back $49.99 today. If $100 had the purchasing power it did about a decade ago, you could book 16 sessions, although you wouldn't have much cash left over for tips.
1965
Value of $100 in 1965: $759.56
What you can buy in 2016: 5 32-inch TVs
Consumers in 1965 would probably be blown away by the technology seen in today's flat-screen HDTVs. Likewise, modern shoppers might be surprised to learn $100 would be worth the equivalent of nearly $760, enough to buy five 32-inch Insignia brand HDTVs at Best Buy.
1970
Value of $100 in 1970: $616.65
What you can buy in 2016: 154 Big Macs
Those two all-beef patties, special sauce and more cost $3.99, according to the website FastFoodMenuPrices. Even at that price, you could buy 154 Big Macs for $100 if it were worth its 1970 inflation-adjusted equivalent. Fries would be extra, of course.
1975
Value of $100 in 1975: $444.72
What you can buy in 2016: 2 tickets to a Rolling Stones concert
The average Rolling Stones concert ticket costs $153.81, according to a recent report from concert industry trade publication Pollstar. So even though $100 would be worth a lot more in 1975 dollars, you could still only buy two tickets, although you would have almost $140 left over for merchandise.
1980
Value of $100 in 1980: $290.37
What you can buy in 2016: 2 tickets to a New England Patriots game
At $122, the New England Patriots have one of the highest average ticket prices in the NFL, according to Team Marketing Report. If $100 had the purchasing power it did in 1980, you could buy two tickets with enough left over for a stadium snack or two.
1985
Value of $100 in 1985: $222.36
What you can buy in 2016: 4 Costco memberships
Today's $100 bill was worth the equivalent of more than almost $222.36 in 1985. That's enough to buy four Business or Gold Star memberships at Costco, available for $55 a pop, according to its website, and leave $2.36 for a fountain soda or snack to power you through your first wholesale club shopping trip.
1990
Value of $100 in 1990: $183.06
What you can buy in 2016: 50 Starbucks lattes
In 1990, today's $100 would be worth $183.06, taking into account the effects of inflation. That would buy 50 Starbucks Grande Caffè Lattes, priced at $3.65 each, according to FastFoodMenuPrices. That's nearly one a week for a whole year.
1995
Value of $100 in 1995: $157.00
What you can buy in 2016: 24 Chipotle chicken burritos
A chicken burrito from Chipotle will set you back $6.50, according to the FastFoodMenuPrices website. If today's $100 was worth its inflation-adjusted 1995 equivalent of $157, that would buy you two dozen burritos, with exactly $1 left in your wallet if you didn't have to cover tax.
2000
Value of $100 in 2000: $138.94
What you can buy in 2016: 1 Beyoncé concert ticket
A modern $100 had the buying power of $138.94 in 2000, enough to buy one admission to a Beyoncé show, for which the average ticket was $132.08, according to a recent Pollstar report. That would leave Queen B fans just enough for a few iTunes downloads to practice singing along for the show.
2005
Value of $100 in 2005: $122.51
What you can buy in 2016: 7 Sirius XM monthly subscriptions
A monthly Sirius Select subscription costs $15.99, according to the company website, meaning you could buy seven months of music, sports, comedy and talk radio for what $100 was worth about a decade ago. You'd even have $10.58 left over for a few gallons of gas.
2010
Value of $100 in 2010: $109.72
What you can buy in 2016: 12 dozen eggs and 15 pounds of bacon
A pound of bacon cost about $5.61 in April 2016, and the price tag on a dozen eggs was around $1.79, according to the U.S. city average statistics from the Bureau of Labor Statistics. At the beginning of the decade, $100 had slightly more buying power, which would allow you to take home an extra pound of bacon and two dozen more eggs than you could buy with $100 today.
2015
Value of $100 in 2015/2016: $100
What you can buy in 2015/2016: 16-20 classic Subway footlong sandwiches
Whether you prefer the Classic Tuna or the Meatball Marinara, all Subway's classic footlongs were $5 until February of this year, according to Fortune.com, meaning you could take home 20 for $100, not including tax. Alas, the sandwich chain recently raised prices for its classic footlongs to $6, adding up to four fewer sandwiches for $100, although you can now cover some of the taxes with your $4 in change.
Read: The Cost of College the Year You Were Born
Methodology: GOBankingRates used the Bureau of Labor Statistics CPI Inflation Calculator to determine what $100 could buy in today's world as its purchasing power changed over the years, in five-year increments, from 1920 to 2015.
For you
Would $196,000 In The 1920s Be A Lot Of Money
Source: https://www.businessinsider.com/what-100-was-worth-in-the-decade-you-were-born-2016-6
Posted by: mirandaheally1992.blogspot.com
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