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To: onyx
In 1913 five dollars could get you the following:

15 pounds of potatoes, 10 pounds of flour, 5 pounds of sugar, 5 pounds of chuck roast, 3 pounds of round steak, 3 pounds of rice, 2 pounds each of cheese and bacon, and a pound each of butter and coffee... two loaves of bread, 4 quarts of milk and a dozen eggs.

Then 5 dollars was nearly a quarter ounce of gold. Today, a quarter ounce of gold is near $300.00. Could you buy this for $300?

91 posted on 08/06/2010 10:17:11 PM PDT by DeaconBenjamin (A trillion here, a trillion there, soon you're NOT talking real money)
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To: DeaconBenjamin
15 pounds of potatoes, 10 pounds of flour, 5 pounds of sugar, 5 pounds of chuck roast, 3 pounds of round steak, 3 pounds of rice, 2 pounds each of cheese and bacon, and a pound each of butter and coffee... two loaves of bread, 4 quarts of milk and a dozen eggs.

Then 5 dollars was nearly a quarter ounce of gold. Today, a quarter ounce of gold is near $300.00. Could you buy this for $300?

Well, using the handy price checker feature at Albertsons.com (here), here's what I come up with:

Item Price per item Cost
15 lbs potatoes $3.99 / 5 lbs $11.97
10 lbs flour $2.49 / 5 lbs $4.98
5 lbs sugar $3.59 / 5 lbs $3.59
5 lbs chuck roast $5.49 / 1 lb boneless chuck $27.45
3 lbs round steak $5.99 / 1 lb chuck steak (no round listed) $17.97
3 lbs rice $1.89 / 1 lb long grain rice $5.67
2 lbs cheese $5.49 / 1 lb cheddar cheese $10.98
2 lbs bacon $4.49 / 1 lb bacon $8.98
1 lb butter $3.49 / 1 lb butter $3.49
1 lb coffee $8.59 / 1 lb coffee $8.59
2 loaves bread $2.89 / 1 loaf $5.78
4 quarts milk $3.99 / gallon $3.99
1 dozen eggs $2.69 / dozen $2.69
TOTAL $116.13

94 posted on 08/07/2010 9:31:15 AM PDT by snowsislander (In this election year, please ask your candidates if they support repeal of the 1968 GCA.)
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