Apr 15, 2016 · On April 11, 1803, France’s Treasury Minister François de Barbé-Marbois offered Livingston the entire Louisiana Territory for $15 million, a territory comprised of 827,000 square miles. The price in today’s dollars louisiana purchase price per square mile was approximately $230 million or 41 cents per acre. Back in America, there was opposition to the deal.
PER SQ. MILE MODERN $ PER SQ. MILE Put an X on the best land deal. Louisiana Purchase $18.12 $470,108 louisiana purchase price per square mile Treaty of Guadalupe-Hidalgo $16.39 $84,704 Purchase of Alaska $12.28 $18,356 X $1 IN IS WORTH THIS MUCH TODAY 1803 $25,950 1848 $5,168 1867 $1,495 EVENT AMOUNT OF LAND COST Louisiana Purchase 828,000 sq. miles $15 Million in 1803
The United States government bought the Louisiana Territory from France for roughly $15,000,000 in 1803 dollars (or 3 cents per acre), $3.75 million of which was debt the U.S. forgave France for. In today’s dollars that would be about $300 million...
Louisiana is a close to 50,000-square-mile louisiana purchase price per square mile boot-shaped tract of land on the Gulf of Mexico coast. But our state is a fraction of the original Louisiana Territory, acquired by a young and fledgling United States from France in 1803. At the turn of the 19th century, President Thomas Jefferson saw French-held New Orleans as the stepping stone to secure American expansion beyond the Appalachian ...
The Louisiana Purchase (1803) was a land deal between the United States and France, in which the U.S. acquired approximately 827,000 square miles of land west of the Mississippi River for $15 million.
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