How much did slaves cost in 1840?

Answer 1

In 1840, the price of slaves in the United States varied significantly based on factors such as age, gender, skills, and location. On average, a slave could cost anywhere from $400 to $1,200, with prices generally higher in the Upper South and lower in the Lower South. Skilled laborers or those with specialized abilities often commanded higher prices, reflecting their economic value to slave owners. Overall, the slave market was influenced by supply and demand, regional economies, and the impending tensions leading to the Civil War.