Boswell had this allowance to live in London in 1762.
2007-12-08 21:36:23 · 11 answers · asked by Anonymous in Arts & Humanities ➔ History
I found this website.
it converts american dollars to 1750 pounds so we are quite close.
It shows that 200 pounds in 1750 was worth 40,080 US dollars. (in 2003)
Lets assume the cable (dollar/pound) was 2 dollar to the quid. So that makes it 20,000 quid
Was he wealthy ? Well then you have to ask the average salary around that time.
2007-12-08 21:47:09 · answer #1 · answered by a foot in Tokyo 3 · 2⤊ 1⤋
According to the following paper prepared for the House of Commons;- http://www.parliament.uk/commons/lib/research/rp2006/rp06-009.pdf
the purchasing power of the pound was 1,799.99 of its 1974 value in 1760, making the purchasing power of £200 = £359,791. Using the retail price indicator that had increased to £2,589,000(odd) by 2006
I don't think you can do the calculation (as the previous answer does) by using a £/$ comparison. You must compare like with like.
2007-12-09 05:58:41 · answer #2 · answered by rdenig_male 7 · 1⤊ 0⤋
about £2000
2007-12-09 05:39:41 · answer #3 · answered by Anonymous · 0⤊ 2⤋
£200
2007-12-09 05:43:01 · answer #4 · answered by Best of British 4 · 0⤊ 4⤋
why 2 thumbs down you twits
i can remember my mother saying from £1 she could get a big bag of chips go to a cinema and get home and still have change and that was only 40 years ago not 230 years ago
you dont get much for £1 today
2007-12-09 05:46:25 · answer #5 · answered by eddie j 4 · 1⤊ 2⤋
£8 a year was LIAF wage for a servant.
Some things were relatively more expensive, for example travel.
2007-12-09 06:06:02 · answer #6 · answered by gravybaby 3 · 0⤊ 0⤋
Straight forward answer : £200.
2007-12-09 08:00:36 · answer #7 · answered by DENNIS P 5 · 0⤊ 3⤋
He would have bought half acre next to Westminster Abbey
2007-12-09 05:45:25 · answer #8 · answered by 498A_Crusader 3 · 1⤊ 2⤋
I would say exactly the same.People keep saying more if you think about it cost of living will be on the same par.
2007-12-09 05:40:40 · answer #9 · answered by Ollie 7 · 0⤊ 4⤋
lol that means he was a millionare near enough
2007-12-09 05:39:29 · answer #10 · answered by Anonymous · 1⤊ 1⤋