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Prices & Receipts

This receipt, from the Virginia Public Service Company, is dated January 1930; Mrs. L.W. Massie of Louisa, Virginia paid 2.00 for her electrical energy consumption.  Calculating for inflation, this would be approximately $26.13 by today’s rate.*

 

*This amount was calculated using the United States Bureau of Labor Statistics CPI Inflation Calculator.

This price comparison sheet provides some insight into the value of items of the period.  According to the United States Bureau of Labor Statistics CPI Inflation Calculator, $1.00 in 1931 is worth $14.35 in 2010.