On average, horses cost $60, pigs $5, milking cows just over $20, and goats only $2. A farm worker earned $23 per month, a place to sleep, and meals.
Butter: 16 cents a pound. Eggs: 20 cents a dozen. Potatoes: 40 cents a bushel. Coffee: $1.20 a pound (for coffee beans, which you then had to roast and grind yourself)
The Colt 1860 cost approximately $20 per revolver. This was rather expensive during the 1860s, both for the United States Army and private citizens. Colt had been criticized for this high price, and by 1865 the revolver was reduced to $14.50.
In 1900 you could get a good, solid horse for about $150 and an old nag for as little as $10. An unskilled laborer made about $20 a week and skilled laborer made double that.
Two eggs, fried or boiled, accompanied by the invariable boiled potato, fetch from 10 to 15 cents; steak 15 cents; sirloin, 25 cents; plain omelet, 25 cents; tea or coffee, 5 cents; pies and puddings from 5 to 10 cents.”
In other words, $1 in 1860 is equivalent in purchasing power to about $31.22 in 2020, a difference of $30.22 over 160 years.
Value of $1 from 1860 to 2020.Cumulative price change3,021.70%Price difference ($1 base)$30.22CPI in 18608.300CPI in 2020259.101Inflation in 18600.00%
$100 in 1860 is worth $3,131.54 today
In other words, $100 in 1860 is equivalent in purchasing power to about $3,131.54 in 2020, a difference of $3,031.54 over 160 years. The 1860 inflation rate was 0.00%.
1800’s Cost of Living
The average wage earner only made $16.00 a week.
Colt Single Action Army Revolver
“People were allowed to own guns, and everyone did own guns [in the West], for the most part,” says Winkler. “Having a firearm to protect yourself in the lawless wilderness from wild animals, hostile native tribes, and outlaws was a wise idea.
Revolvers were a popular weapon to gunfighters who were horsemen, cowboys, and lawmen because of their concealability and effectiveness on horseback. The Winchester rifle was also a popular weapon among gunfighters. Dubbed the “Gun that Won the West”, it was widely used during the settlement of the American frontier.
With hindsight, horse-drawn transport a century ago may appear to us to be doomed. However, in 1901, horses were still the main form of private and road transport in Britain. … The horse was king, and almost everything grew around him: fodder, smithies, stables, paddocks, distances and the rhythm of our days.
Wholesale prices for cattle reached a heart-stopping $6.47 per hundredweight in May 1870— meaning an 850-pound steer went for $55.