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You give me your laughter but Mr. T pities me (lemmy.world)

submitted 7 months ago by [email protected] to c/[email protected]

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[–] [email protected] 5 points 7 months ago (1 children)

The Louisiana purchase

[–] [email protected] 2 points 7 months ago* (last edited 7 months ago)

Louisiana purchase was approx $18/mi². 1 mi² = 640 acre, so 900 acres was $25. No inflation calculator goes back that far, but I don't think $25 then was worth $500,000 now

Edit: no idea how reliable https://www.officialdata.org/us/inflation/1803?amount=25 is, but it claims $25 then is $681 now