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The Titanic cost $7.5 million to build, which is $200 million in today's money (as of 2020) [1]. I'm pretty confident this is not the cost of the average flat i
by not_math 4y ago
The Titanic cost $7.5 million to build, which is $200 million in today's money (as of 2020) [1]. I'm pretty confident this is not the cost of the average flat in London.
[1] https://www.history.com/news/titanic-facts-construction-passengers-sinking-discovery https://www.history.com/news/titanic-facts-construction-pass...
- nostromo 4y agoThe price was 1.5m pounds, as the ship was not built in the US. https://en.wikipedia.org/wiki/Titanic https://en.wikipedia.org/wiki/Titanic
- netrus 4y agoPretty sure the Titanic was paid in GBP -- the 1.5M GBP number is correct, the exchange rate was bit different back than. https://steemit.com/money/@lixtiklipbalm/exchange-rate-of-british-pound-to-american-usd-in-1912-to-now https://steemit.com/money/@lixtiklipbalm/exchange-rate-of-br...
- pessimizer 4y agoAnd when the Titanic cost £1.5M, the average weekly wage in the UK was £5.
- quickthrower2 4y ago/r/whoosh