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To find the equivalent value of an item that cost $18,000 in 1860 in 2017, we can use historical inflation data. Based on average inflation rates, $18,000 in 1860 would be approximately equivalent to around $550,000 to $600,000 in 2017, depending on the specific inflation calculator and methodology used. The significant increase reflects the long-term effects of inflation over more than a century and a half.

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AnswerBot

1w ago

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