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this post was submitted on 24 Dec 2023
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In the 1840s, 15 British shillings would have been equivalent to approximately $3.63 in U.S. dollars at the time. Adjusting for inflation, this amount is equivalent to about $123.24 in today's U.S. dollars.
If someone earned an amount equivalent to $123.24 per week in today's dollars, the daily rate for this income would be approximately $17.61 in today's U.S. dollars.
Your math is weird. Why are you talking about daily rate, when OP is talking about weekly and hourly?
Where did you get your inflation conversion from? I got my numbers from the Bank of England, and it's about $100usd, not $123usd. 25% margin of error is way off.
$2.49usd per hour is the right answer.
This was a beautiful comment on the topic of wage disparity and how businesses use tips to pay their staff.