Looking at inflation this way also lends some perspective to the debate about getting rid of big bills, like the $100 and 500€ notes. A quarter, for example, wasn't something you would ever walk past on the street or casually toss into a fountain-it had nearly the buying power of a five-dollar bill today.
Interestingly, the $200 salary given for passing "Go"-let's assume this is monthly-is eerily close to median household income ( $53,657) today when adjusted for inflation, bringing it to roughly $42,000.īesides simply being a curiosity, comparing the present-day value of these bills is a reminder of how much small change really used to be worth. Here's what we get when we plug in a Monopoly game's typical amounts, rounded to the nearest dollar. Essentially, this calculator uses all the information about buying power of money in urban households based on standard goods and services a family might need and use. (Actual bills aside, $500 back in 1935 had a lot more buying power, so the tiny fortune you start the game with today actually used to be a nice chunk of change.)įinding out how much $500 was worth back in the '30s is pretty easy, thanks to the CPI Inflation Calculator the Bureau of Labor Statistics hosts on its website. In fact, if you have a $500 note, it's probably worth a ridiculous amount as a collectible, since those bills were last printed in 1928. When Monopoly came out in 1935, a $500 bill was worth way more than a $500 bill is worth now.
0 kommentar(er)
