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This is a difficult question, since you cannot simply apply inflationary principles. The value of land has changed dramatically since 1867 is much different than the value of bread, grains, or other commodities.
Take this approach to the analysis: Applying the latest CPI data (which only goes back to 1914) and extrapolating other basic cost ratios to account for the time between that and 1867 - the adjusted value of the dollar can make the original $7.2 million purchase price grow to $161 million. That would not be a realistic price for Alaska given its value today...which includes mineral, strategic, and agricultural benefits to name just a few.
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∙ 13y ago
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How much would it cost to get from California to Alaska?
how much does everything cost to move from california to alaska
How much does it cost to get your tongue pierced in Alaska?
900,000,000
How much does child and adult circumcision cost in Alaska?
Dont Know
How much was Alaska from Russia?
It cost the US 7.2 million dollars.
How much does it cost to go to go to Florida from Alaska?
alot of money
How much does it cost to send a letter to Alaska from Michigan?
A First Class letter will cost you 44 cents.
How much does it cost for food for 12 days in Alaska?
It doesn't cost anything because you catch it in the ocean
How much does it cost to fly from Brisbane to Alaska?
This completely depends on how much you book in advance and what time of year it is.
A house for 24000 dollars in 1971 costs how much today?
A house that cost $24,000 in 1971 would cost much more than that today. Adjust for inflation, the house would cost $140,949.33 today.
How much would it cost to build a zoo the size of Alaska?
15 trillion pounds
How much does a computer cost today?
about 15000
How much does the telephone cost today?
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