4 ms·
$11680 in 1865 is $164391.37 in 2010 inflation adjusted dollars according to [1]. But when considering monthly wage of $25 (although it includes clothing and fo
by yread 15y ago
$11680 in 1865 is $164391.37 in 2010 inflation adjusted dollars according to [1]. But when considering monthly wage of $25 (although it includes clothing and food and might have been even under "minimal wage") it was probably much more. The ratio is perhaps closer to 20:1
[1] www.westegg.com/inflation