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What $500 Down Payment in 1911 Chevy Chase Would Be Worth Today

Ever wonder what a $500 down payment in 1911 Chevy Chase would be worth today? Find out in this blog post, and learn why Chevy Chase ain't cheap!
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Plan of the Navy Yard at Washington, D.C. : showing the position and dimensions of all the buildings as they were June 1st 1881.

Do you live in Chevy Chase? Was your down payment $500? I think it’s safe to say that’s off by a factor of around 200. Either you find this extremely amusing or slightly depressing. That amount of money in 1911 is probably worth $20,000 today. That also probably makes you a little depressed. Chevy Chase ain’t cheap.

Thomas J. Fisher & Co., Inc. advertisement - April 9th, 1911 (Washington Herald)
Thomas J. Fisher & Co., Inc. advertisement – April 9th, 1911 (Washington Herald)

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