Take the amount of dollars you spend on groceries now and divide that by the spot price of gold per ounce. Then multiply that amount by 20 ($20 an ounce of gold in 1776 more or less). So let's say you spent $4000 a year on goceries now, then the equivalent cost in 1776 would be $4000/$899 (spot gold price per ounce as of Jan 23 2009) = 4.44. Take 4.44 multiply by $20 = $88 per year for food in 1776. The higher cost of food now is soley due to the inflation of prices caused when the dollar went off the gold standard in 1932 or so during the FDR administration. Until that time, prices had been mostly stable for the past 100 years. Since then, prices have risen between 5% to 7% per year (on average) due to a paper Fiat currency issued by the private bak called the Federal Reserve Bank.
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∙ 15y agoWiki User
∙ 13y agoWell, in 1700, people bargained to get there food like trade a sheep or cow for a 4 galons of milk or they would trade some lettuce for parsnips or apples because in the 1700, they had no money and everyone was very poor. :)
Wiki User
∙ 16y agoYou did not buy milk by the gallon back then, you got milk by milking a cow.
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∙ 14y agoThat's much too general. What food exactly?
Wiki User
∙ 13y agoThe cost of foods in India is too low at that time... We now bought 1kg rice minimum in 20INR IN THAT TIME IT COSTS 2-3INR
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∙ 11y ago50 cents
Food rentals will vary in cost depending on what you are renting them for. A food truck can cost as much as $2,000 to rent for a week.
Food rentals will vary in cost depending on what you are renting them for. A food truck can cost as much as $2,000 to rent for a week.
it cost $1.25 for i piece of food
they are cost in yen
It is 507.8 meters.
The normal mouse food cost is about $5-$10.
When the total cost of producing the food exceeds - or is even equal to - the cost of producing it, it costs too much to produce it.
fraction of 1666 = 1666/1
It cost about 30,00 dollars
1656Improved Answer:-1666 because MDCLXVI = 1000+500+100+50+10+5+1 = 1666
$150
$56