If I made a salary in 1994 of $90,000.00, what is the equivalent
salary in 2004 dollars?

Dear scottsquestions-ga;

Thank you for allowing me to answer your interesting question.

According to this Consumer Price Index Conversion Table from the
OREGON STATE UNIVERSITY DEPARTMENT OF POLITICAL SCIENCE, your $90,000
salary in 1994 would have been equivalent to $71,370 in terms of 2004
US dollar value (accurate as of March 1, 2004). This is based on the
historical annual valuation of the US dollar in 1994 as compared to
the 2004 US dollar at a ratio of 0.793 cents to 1.

OREGON STATE UNIVERSITY DEPARTMENT OF POLITICAL SCIENCE
http://oregonstate.edu/Dept/pol_sci/fac/sahr/cv2004.pdf


I hope you find that my research exceeds your expectations. If you
have any questions about my research please post a clarification
request prior to rating the answer. Otherwise I welcome your rating
and your final comments and I look forward to working with you again
in the near future. Thank you for bringing your question to us.

Best regards;
Tutuzdad-ga ? Google Answers Researcher



INFORMATION SOURCES

OREGON STATE UNIVERSITY DEPARTMENT OF POLITICAL SCIENCE
http://oregonstate.edu/Dept/pol_sci/fac/sahr/cv2004.pdf

INFLATION CONVERSION FACTORS FOR DOLLARS 1665 TO ESTIMATED 2014
http://oregonstate.edu/dept/pol_sci/fac/sahr/sahr.htm


SEARCH STRATEGY


SEARCH ENGINE USED:

Google ://www.google.com


SEARCH TERMS USED:

Dollar

Value

Valuation

Inflation

Conversion

Table

Precise, straightforward answer with information to allow me to go further.
Thanks.

This answer is thorough and unearths the correct sources. However, the
sources are not used correctly: the conversion rate of US Dollar in
1994 to US Dollar in 2004 should be interpreted as follows "To buy as
much stuff as I can with one dollar today I needed only 79.3 cents".
Alternatively, as the sourced pdf says "To convert dollars of any year
to dollars of the year 2004 (estimated), DIVIDE the dollar amount from
that year by the conversion factor (CF) for that year".

Thus the $90,000.00 in 1994 is equal to $113,493.06 in 2004 in terms
of consumer price inflation.

On a final point, there are a number of pitfalls in converting
monetary measures over time that are to do with the way inflation is
measured: should one consider earnings inflation, consumer price
inflation or some other measure of inflation is always a hot topic.