How much would 1 dollar in 1936 be worth 2010 dollar?

To calculate the value of $1 in 1936 in terms of 2010 dollars, we need to consider the inflation rate over that period. The inflation calculator from the Bureau of Labor Statistics (BLS) can help us with this calculation.

According to the BLS, the Consumer Price Index (CPI) in 1936 was 13.7, while the CPI in 2010 was 218.06. This means that the purchasing power of the dollar decreased significantly between 1936 and 2010.

To calculate the value of $1 in 1936 in terms of 2010 dollars, we can use the following formula:

Value in 2010 dollars = Value in 1936 dollars * (CPI in 2010 / CPI in 1936)

Plugging in the values, we get:

Value in 2010 dollars = $1 * (218.06 / 13.7) ≈ $15.92

Therefore, $1 in 1936 would be worth approximately $15.92 in 2010 dollars, reflecting the significant decrease in the dollar's purchasing power over that period.

How did Fargo get its name?

How did secttionalism led to the civil war?

"Dream Team" - the best team in the history of sport
The American constellation, which delighted the fans eyes during the Olympic Games in Barcelona, was not only a sporting phenomenon. It is a sociological, cultural and psychological phenomenon. However, the team that pushed basketball to the heights of popularity was not crystal clear. She faced v
About the great life of Rev. King (Martin Luther King, Jr.)-I have a dream-
Who is the greatest person in world history? With that in mind, the name of Rev. King, Martin Luther King, Jr., cannot be missed. Named Martin Luther Rev. King was born in Georgia in 1929. Georgia, also known as the Deep South, was one of the most black-discriminatory regions in the United S
Spanish colonization
The Spanish colonization in America was characterized by the modification of the political, economic and religious structure of the societies that inhabited that territory. The Spaniards introduced a new religion, language, economic and social organization to the American continent. For their part
From 15,000 BC. AD 550 AD. AD:North America
Around 15,000 BC Arrival of the first humans in North America: During this ice age , much of the earth is covered in ice and snow. Land and ice bridge connects America to Asia . The first American Indians cross Asia on foot or along the coast. They wander in pursuit of large animals:mammoths, horse