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Gold Rush Prices Worksheet Many arrived in California hoping to strike it rich, but they quickly learned it was hard work to find gold. Most miners only found $10 to $15 worth of gold dust a day.

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How to fill out the Gold Rush Prices Worksheet online

The Gold Rush Prices Worksheet is an essential tool for comparing historical prices of goods during the Gold Rush era to modern-day costs. This guide will walk you through each section of the worksheet, helping you navigate its components effectively and efficiently.

Follow the steps to complete the Gold Rush Prices Worksheet online:

  1. Click the ‘Get Form’ button to access the Gold Rush Prices Worksheet and open it in your chosen editor.
  2. Begin by filling in the 'Gold Rush Prices' column with the data provided for each item from the year 1851. Ensure accuracy in your entries, reflecting the values listed.
  3. Next, in the '2007' column, input the corresponding values from historical data for the same items, making sure to match each item correctly with its 1851 price.
  4. Proceed to gather current pricing for each item listed by visiting a local grocery store or reviewing newspaper food advertisements. Document these contemporary prices in the 'Today's Prices' column.
  5. Calculate the difference between the historical prices and today's prices for each item, then document these figures in the 'Difference' column.
  6. Once all sections are completed and verified, save your changes. You may choose to download, print, or share the completed Gold Rush Prices Worksheet as needed.

Complete your Gold Rush Prices Worksheet online today and gain valuable insight into price changes over time.

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Gold was worth $20.67 per ounce in 1849; how much was their total gold worth in dollars?

The gold pans that miners needed cost 20 cents before 1849, but soon were sold for $8 each. The cost of eggs rose from $1.00, to $2.00, to $3.00 per egg. Instructions: Below are what certain items cost in the gold fields during 1851 and what the price would be equal to in 2007 at gold rush era values.

Pans the miners used cost 20 cents before 1849, but soon rose to $8, or $246 in 2017 dollars. Boots cost $6, or $185. A shovel went for $36, or more than $1,000.

But a much more interesting phenomenon was at work in the gold fields of Northern California in the 1850s: an out of control rate of inflation in the cost of food itself. Once gold was discovered in tiny Coloma, food prices rose dramatically, seemingly overnight.

Once gold was discovered in tiny Coloma, food prices rose dramatically, seemingly overnight. A barrel of flour, sold for $8 before the discovery, suddenly sold for $85. In nearby Placerville, a single slice of bread cost $1.

Back in 1849, a dozen eggs would cost you the equivalent of $90. If you have ever wondered how California's modern-day rush for riches in Silicon Valley compares with the Gold Rush of 1849, look no further than the cost of buying a home.

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