Price of Apollo program adjusted for inflation.
Category: Business and Money
Asked by: marcsk-ga
List Price: $2.00
03 Dec 2005 17:42 PST
Expires: 02 Jan 2006 17:42 PST
Question ID: 601086
How much money did the Apollo program cost from inception to the first lunar landing (or in total if that information is unavailible) and how much money would that be today once adjusted for inflation?
Re: Price of Apollo program adjusted for inflation.
Answered By: palitoy-ga on 04 Dec 2005 02:12 PST
Hello marcsk-ga Thank-you for your question. The cost of the Apollo space program is commonly given as $25 billion. When adjusted to 2005 dollars this would approximate to $135 billion. "The cost of the entire Apollo program: USD $25.4 billion -1969 Dollars ($135-billion in 2005 Dollars). [...] Apollo spacecraft and Saturn rocket cost alone, was about $83-billion 2005 Dollars (Apollo spacecraft cost $28-billion, Saturn I, IB, V costs about $46-billion 2005 dollars)." http://en.wikipedia.org/wiki/Project_Apollo http://www.answers.com/topic/project-apollo "The total cost of the Apollo Program was $25 billion, spent between 1962 and 1972. The program is generally agreed to have been the supreme technological achievement of a millennium now drawing to a close, a unifying experience for the human race, and the beginning of humanity's expansion into the universe." http://www.ccsn.nevada.edu/planetarium/apollo.html The yearly NASA budgets can be viewed here: http://en.wikipedia.org/wiki/NASA_Budget A simple way to convert what a 1960's dollar is worth compared to a 2000's dollar is to use the calculator on this web page: http://eh.net/hmit/compare/ I hope this has answered your question. Should you require any further assistance on this subject please do not hesitate to ask for clarification.
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