$5,000 in 1820
Life in 1820
In 1820, United States's average annual wage was approximately $108. This means $5000 represented roughly 2407.4 weeks of average earnings β a luxury purchase. A loaf of bread cost approximately $0.025 and monthly rent was around $2.
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These calculations are estimates based on United States's Consumer Price Index (CPI) data from US Bureau of Labor Statistics CPI-U; Warren & Pearson (pre-1913); Federal Reserve. Pre-1913 values reconstructed from commodity price indices. Civil War inflation 1861β1865 reflected. Results may differ from other inflation calculators. See our Methodology and Sources for full details.