General Question

richardhenry's avatar

What was $5000 (USD) worth in 1960, comparable to today?

Asked by richardhenry (12623 points ) March 30th, 2008

Does anyone know? Or even better, of a way to calculate it?

Observing members: 0 Composing members: 0

11 Answers

Michael's avatar

$5000 in 1960 is worth about $35,700 today.

http://data.bls.gov/cgi-bin/cpicalc.pl

Michael's avatar

Curse you johnpowell and your remarkably quick fingers!

: )

jrpowell's avatar

At least you included the answer.

richardhenry's avatar

That’s awesome guys, thanks. Do you know of any for other currencies such as the GB£? (More out of interest than anything else.)

jrpowell's avatar

England

Google Consumer Price Index Calculator with the currency and that should help.

richardhenry's avatar

Thanks again.

richardhenry's avatar

(Off topic: that animation on the Bank of England site is pretty random.)

buster's avatar

about two new cadillacs

susanc's avatar

Well, a person or two could live on it…. but back then there weren’t any credit cards
and it wasn’t considered loserish to own almost nothing.

docshep's avatar

convert dollars in 1805 to 2009

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