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How much was a thousand dollars worth 20 years ago?

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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.

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