ROOTS-L ArchivesArchiver > ROOTS > 2002-05 > 1022293452
Subject: [ROOTS-L] Re: ROOTS-L Digest V02 #288 value of $4,000
Date: Fri, 24 May 2002 22:24:12 EDT
In the mid 1800s, a day laborer earned about $3.00 a month, or 36 dollars a
year.. A typesetter made about $240.00 a year. So a sum of $4,000 would
have been a princley estate back then - it would be worth 111 years worth of
wages for a day laborer and 16 years for a type setter. Today, we would be
lucky if that was worth 1 - 6 MONTHS of wages!
I am glad you asked that Fran - helps put another perspective on what things
were worth back then - I never have thought about money back then before!