• odium@programming.dev
      link
      fedilink
      arrow-up
      6
      ·
      edit-2
      1 year ago

      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.