Originated From
AOL Search

How much was a thousand dollars worth 20 years ago?

Liked this question? Tell your friends about it

2 Answers

Order by
Oldest to Newest
Newest to Oldest
Votes

A thousand dollars Cool

What is truth -

Charlie is exactly right; he answered the question you asked.

What I think you meant to ask is:  What is the "purchasing power" of $1,000 today, compared to 20 years back?"

Due to inflation (in costs of goods and services) the purchasing power has declined.  That data is available, but I don't know it offhand.  I will guess it might be worth between $600 to $800 in purchasing power, compared to 1990.  Just a guesstimate.

rob

ROBonYEDDA@YAHOOl.com Wisdom comes from Study, Travel & Life experiences! MY YEDDA CONCEPT IS: Good questions deserve good answers; Poor ones deserve a quick/poor answer. Dumb or silly, deserves same ... and the occasional but inevitable Idiots are best just ignored.

Related Questions

Other people asked questions on similar topics, check out the answers they received:

Asked: How do I take care of my business finance needs?

How do I take care of my business finance needs?

Asked: Accounts receivable financing option possible with ...

I have an export invoice, is an accounts receivable financing option possible with it?

Asked: Guidance on housing finance needed?

Guidance on housing finance needed???

More Questions

How much is a 1953 A 2 dollar bill red seal robert b anderson serial

Geez! Go look it up for yourself. How lazy can you be?

How much taxes to pay on a 20 thousand law suit?

It all depends. If you were awarded back pay, it is taxable, including income tax, Social Security and Medicare tax. If you were awarded medical expenses for an injury, and you didn't take a deduction for medical expenses (for instance if you took the standard deduction), then the amount is non ...

Can i become a respiratory therapist with a 20 year old felony my felony

in illinois certain felony conviction (non violence) you can get work in health care if you obtain a good character clearance from the state.

Who will give me $40,000 free

But you won't find them here.