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Joined 1 year ago
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Cake day: June 16th, 2023

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  • Assuming USD.

    In the year 1900 AD, $1 USD is equivalent to ~$30 USD of today.

    So ~130 years ago it was worth 30 times as much. That’s a rate of roughly 23 times more valuable per century you go back. There have been 20 centuries since the year 0. So 20*23 = 460 times as valuable.

    460*$47= $21620 of today’s money. In other words, yes, that’s pretty low for a copay in the US.