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What is the Louisiana Purchase worth today?

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Today the land in the Louisiana Purchase is worth significantly more. The deal encompassed some 800,000 square miles, which equates to approximately 512,000,000 acres. With land costs today averaging between $1,000 and $4,000 per acre in the continental U.S., the total value of the Louisiana Purchase is therefore likely to be near $1.2 trillion. read more

Likewise, sitting smack-dab in the middle of the Louisiana Purchase, farmland in eastern Nebraska today sells for around $7,000 an acre. The United States government bought roughly 53 million acres in 1803 for the same price as 100,000 acres of Nebraska farmland would cost today. read more

Louisiana Territory. In 1803 the Louisiana Territory was bought for $15 million dollars, which is a great deal considering they only wanted new Orleans for $5 million. If the Louisiana Territory was bought today it would be about $240 million dollars. read more

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