Compared to today's standards, how much was 300 dollars in 1949?

Question

Compared to today's standards, how much was 300 dollars in 1949?

Answer 1

like maybe 3,000 in their time

Answer 2

Since lifestyle and expectations change, there is no real way to calculate that. Money looses about every 7 years half's its value, despite what the government claims, that it is not so.

You could buy an average house in 1949 for about $8000, today its $250,000. And there where no TV and other electronics, life was much cheaper.

I would say, $300 made a man/women look in 1949, like a man/women today with $30,000.

Answer 3

2,730.66

go to www.bls.gov, they have a calculatr

Answer 4

I once had a teacher tell me to double the amount for every ten years. So saying this is sixty years, it would be about 19,200.