Wisdom and South Central Wisconsin Real Estate information

What’s it Worth?

English: Bureau of Labor Statistics measuremen...

English: Bureau of Labor Statistics measurements U1, U2, U3, U4, U5 and U6. (Photo credit: Wikipedia)

English: Chart of United States Personal Savin...

English: Chart of United States Personal Savings Rate from 1960-2010. Data source: FRED, Federal Reserve Economic Data, Federal Reserve Bank of St. Louis: Personal Saving Rate [PSAVERT] ; U.S. Department of Labor: Bureau of Labor Statistics; accessed August 14, 2010. (Photo credit: Wikipedia)

Have you ever been tempted to say, “Back when I was a kid”? Remember when you could buy 3 loaves of bread for a dollar? Now it’s 1 loaf for $3. Here is a great remember when app from the Bureau of Labor Statistics. You can pick a year and compare what a dollar amount was worth during 2 different years. For instance; a dollar in 1962 is now worth & $7.73 and $500 dollars in 1980 is now worth $1,417.45. This site has many other tools for discovering trends on the state of your state or the whole country. Check it out if you want to learn or support an opinion.

http://www.bls.gov/data/inflation_calculator.htm

 

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