MovieChat Forums > If I Had a Million (1933) Discussion > A Million Bucks

A Million Bucks

posted 14 years ago by jtyroler
4 replies | jump to latest

is worth in 2010:

$15,761,566.62 using the Consumer Price Index
$13,409,517.92 using the GDP deflator
$40,637,450.20 using the value of consumer bundle
$48,197,183.10 using the unskilled wage
$100,942,393.66 using the nominal GDP per capita (Nominal GDP over time incorporates both real-output change and price change (inflation))
$246,020,442.93 using the relative share of GDP

http://www.measuringworth.com/uscompare/

In 1931, an accountant would earn about $2150/year. According to the site, as income, the best comparison would be the value of consumer bundle or just over $40,000,000.00.

[–] turtletommy 14 years ago

It was certainly a ton of money in those days. Babe Ruth was by far the highest paid athlete in sports then at around $75,000/yr, in the Depression! Interesting that in the 18 years he had played major league ball by 1932 he hadn't yet made $800,000 altogether in career earnings.
http://www.baseball-almanac.com/tsn/babe_ruth_salary.shtml

[–] HarlowMGM 13 years ago

Look at some of the prices of items in this movie - 10 cents for a night in a flop house, five cents for a hamburger, $11.00 for multiple pieces of broken china. I'd say that million was an astonishing amount of money in 1933!!

[–] Popcorngal (4360) 10 months ago

It's not chump change today eitner. Although some might call it peanuts. I would be grateful!

[–] louiseculmer 9 years ago

that is very interesting. huge variations in calculations, Some things of course are much cheaper nowadays in real terms - food for instance, and others much more expensive, like property. So it's terribly difficult to get an accurate comparison.