Inflation Adjusted Value?

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blueyes29	posted on July 18, 2005 09:13:41 PM Sometimes on "Antiques Roadshow", a person will say they bought a widget for $500 in 1940. The appraiser will say it's now worth $5,000 and the person will think they really made a killing. What I was wondering is if there's a website where you can convert a specific dollar amount from the past to today's value, adjusted for inflation? Just curious...thanks!
jackswebb	posted on July 18, 2005 09:20:03 PM E bay........ Space is Valuable. It's later than you .
birgittaw	posted on July 18, 2005 09:31:28 PM http://cgi.money.cnn.com/tools/allowance/allowance_101.html Thus, those $500 in 1940 are equal to $6762.59 in today's bucks. I know, it's a tool for figuring how much of an allowance your kid should have today compared to your own $1 per week, but it works for any number. And that of course doesn't include how much you would have if you deposited those $500 in a compound interest bearing account. B/
carolinetyler	posted on July 19, 2005 06:26:34 AM I love that website! It will definitely help with things I bought years ago and have held on to. Like that Beauty and the Beast cookie jar that I thought would be worth $100+ by now. Still selling for what I paid when I use this tool - pd $9.99, selling for $12.50 - inflation adjusted value $12.18 - with ebay fees I'll end up with a loss. Could have been worse though, judging by the other thread...
blueyes29	posted on July 19, 2005 07:30:14 AM Thanks! That's what I was looking for. Appreciate it.
niel35	posted on July 19, 2005 09:47:55 AM http://cgi.money.cnn.com/tools/allowance/allowance_101.html

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