If a muskrat coat was valued at $200 in 1948, how much money would that be today, adjusted for inflation? I wondered about this because I'd come into possession of a storage receipt in the course of my research for a book on Hartford's G. Fox & Co. department store.
Thankfully, the U.S. Department of Labor's Bureau of Labor Statistics has an
online calculator for just such a job. Your tax dollars at work.
The answer, by the way, is $1,904.38.
If you own an iPhone, there are also apps for that, of course.