September 20, 2010

The Changing Value of a Dollar: What a 2010 Dollar Converts to in Past Years

Okay, I was watching a rerun of the Andy Griffith Show this week, and it was the episode where Helen Crump gets a children's book published - and Andy worries about being put on the back burner what with Helen becoming a rich and famous author.  Of course it works out, Andy apologizes in the end - but not before there's some tension between him and the nice schoolteacher.  (To watch Helen the Authoress, episode 213, go here.)

What is a 1967 Dollar Worth in 2010?

Here's the thing: as I was watching the show, I got curious about the $1000 advance that Helen received for the book -- all of Mayberry was very, very impressed.  Now, today, that's not that much money.  Not that any of us would turn it aside, but it's not the stuff of "rich and famous," right?

So, I went and checked on the web and found this Inflation Converter at DollarTimes.com.  According to their site, Helen's retainer amounts to around $6500 today.  That's nicer, but still not the big fat number that the Mayberry awe was suggesting to me. 

Still, it's interesting to ponder how a dollar has changed so much in so little time, right? 
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