Agent's Record - Liverpool to Boston - 3 June 1913
Third Class Prepaid Ticket - Agents Record, RMS Laconia 1913.
Summary of Agent's Record
- Date of Purchase / Voyage: 3 June 1913 / 10 June 1913
- Steamship Line: Cunard Line
- Steamship: RMS Laconia
- Route: Liverpool to Boston
- Ticket Type: Agents Record
- Voyage Class: Third Class
- Name on Contract: Mary Ellen McGuire
- Etnicity of Passenger(s): Irish
- Contract Terms: Not Stated
- Cost of Ticket: $39.00 / $1,050.00 USD in 2020
Agent's Record Details
From Liverpool to Boston
June 10-19, 1913
- Name of Passenger: Mary Ellen McGuire
- Age 20
Fare - Ocean: $35
- Railroad: $4
- Total Fare: $39
- Agent Commission: $2
- Net Due Cunard: $37
Ticket Paid for by: Katie A. McGuire,
Kensington Road, Edgewood,
Advised 12.Jun.1913
This is another steerage passenger who was on the same voyage to Boston as Ludvig Gjønvik.
Relative Cost of Passage Ticket in Today's Currency Value
In 2020, the relative values of $39.00 from 1913 ranges from $763.00 to $20,600.00.
A simple Purchasing Power Calculator would say the relative value is $1,050.00. This answer is obtained by multiplying $39 by the percentage increase in the CPI from 1913 to 2020.
This may not be the best answer.
The best measure of the relative value over time depends on if you are interested in comparing the cost or value of a Commodity, Income or Wealth, or a Project.
If you want to compare the value of a $39.00 Commodity in 1913 there are four choices. In 2020 the relative:
- real price of that commodity is $1,050.00
- real value in consumption of that commodity is $2,140.00
- labor value of that commodity is $5,120.00 (using the unskilled wage) or $6,440.00 (using production worker compensation)
- income value of that commodity is $6,070.00
- economic share of that commodity is $20,600.00
If you want to compare the value of a $39.00 Income or Wealth, in 1913 there are five choices. In 2020 the relative:
- real wage or real wealth value of that income or wealth is $1,050.00
- household purchasing power value of that income or wealth is $2,140.00
- relative labor earnings of that commodity are $5,120.00 (using the unskilled wage) or $6,440.00 (using production worker compensation)
- relative income value of that income or wealth is $6,070.00
- relative output value of that income or wealth is $20,600.00
If you want to compare the value of a $39.00 Project in 1913 there are four choices. In 2020 the relative:
- real cost of that project is $763.00
- household cost of that project is $2,140.00
- labor cost of that project is $5,120.00 (using the unskilled wage) or $6,440.00 (using production worker compensation)
- relative cost of that project is $6,070.00
- economy cost of that project is $20,600.00
Source: www.measuringworth.com Samuel H. Williamson, "Seven Ways to Compute the Relative Value of a U.S. Dollar Amount, 1790 to present," MeasuringWorth, 2022.
