age fotostock—Alamy
By Ethan Wolff-Mann
August 31, 2015

Every year around this time, Money takes stock of the economy and tries to answer the question: What’s the best thing to do with $1,000 right now? Researching this year’s ways to put a grand to work (or play) got us thinking about the power of $1,000 in years past. In most cases, that amount money doesn’t go as far as it used to—you can’t buy a new car with it, for example, or live abroad on it for a year (more on that below.) But in other areas, like technology, its purchasing power has exploded.

So in the runup to this year’s suggestions for what to do with $1,000 (coming to on September 21), here’s a look back at 10 things that used to cost a stack, and what the equivalent items cost today.

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