Orders of magnitude (currency)

This page is a progressive and labeled list of the SI currency orders of magnitude, with certain examples appended to some list objects.

Orders of magnitude
(money expressed in United States dollars)
Factor ($) Long scale Short scale Money Item
10 −17 one Zimbabwean cent $3.33 * 10−17 Exchange rate on February 2 of 2009
10−3 one mill $0.001 smallest unit of currency, used in pricing gasoline and computing taxes
10−2 one cent $0.01 used chiefly for making change
10−1 one dime $0.10 highest common price per page for self-service monochrome photocopying
100 one dollar $1 double cheeseburger at McDonald's
$4 typical drink of gourmet coffee
101 ten dollars $10 wristwatch with quartz circuit, 20 lb. sack of rice
102 one hundred dollars $100 2 or 3 video games
$400 approximate annual GDP per capita (PPP) for East Timor (2004, CIA World Factbook)
103 one thousand dollars $1,000 used car (15 years old, runs)
$1,000 midrange personal computer
$1,000 a nice digital camera, approximate GDP per capita (PPP) for Nigeria (2004)
$9,117 approximate world GDP per capita (PPP) (2008)
104 ten thousand dollars $10,000 cheap new car
$10,000 approximate GDP per capita (PPP) for Russia (2004)
$20,000 (Israel, Greece)–$40,000 (Jersey, Norway, United States) - approximate GDP per capita (PPP) in most first world nations (2004)
$26,000 cost of an average new car
$30,000 cost of an Engineering degree from an average university
$35,060 annual income (GNI) per capita (PPP) for employed citizens of the United States, as of 2002
105 one hundred thousand dollars $100,000 - $999,999 In the United States, a "six figure salary" is sometimes seen as a milestone of significant wealth, and indicator of higher social class.
$100,000 small house far from cities
$100,000 cost of a Law degree from a prestigious university
$101,000 median value of a home in the U.S. in 1990
$120,000 median value of a home in the U.S. in 2000
106 one million dollars $1,000,000 huge house in suburbs, nice condo downtown in large city
107 ten million dollars $10,000,000 a small hospital
108 one hundred million dollars $100,000,000 large city office building
$264,000,000 estimated price of an Airbus A380 airplane
109 one milliard dollars one billion dollars $1.5×109 Burj Khalifa, world's tallest building
$2.5×109 estimated cost of a B-2 Spirit stealth bomber
1010 ten milliard dollars ten billion dollars $15.83×109 Gross Domestic Product of Iceland
$45×109 cost of the high-speed train from San Francisco to Los Angeles, the route for which is to be constructed by the California High-Speed Rail Authority [1]
$55×109 cost of a manned mission to Mars with a crew of four astronauts (cost would be spread out over ten years) using Robert Zubrin’s Mars Direct plan [2]
$62×109 fortune of Warren Buffett, world's richest man, as of 2008 [2]
1011 one hundred milliard dollars one hundred billion dollars $100×109 budget for reconstruction of Iraq
$100×109 total cost of the International Space Station [3]
$169×109 total value of all real estate in Manhattan [4]
$236×109 Gross Domestic Product of Greece (CIA World Factbook)
$420×109 approximate United States budget deficit
$972×109 total cost so far (as of March 2010) of the Iraq War and the War in Afghanistan ($712 billion for the Iraq War and $260 billion for the War in Afghanistan) [5]
1012 one billion dollars one trillion dollars $1.26×1012 total value of all real estate in Florida [6]
$2.5×1012 approximate United States annual federal budget as of 2005
$9.06×1012 United States national debt as of October 2007 [3]
1013 ten billion dollars ten trillion dollars $12.39×1012 United States GDP (PPP) as of 2005 [4]
$42.7 ×1012 total wealth of all 10.9 million rich people (defined as those with $1 million or more of investable assets) in the world (27% of which are women) as of 2010[7]
$53.5 ×1012 total of all private household net worth in the United States as of Sep. 2009[8]
$55×1012 global GDP (PPP)
$62×1012 value of all real estate in the developed countries (includes $48 trillion residential real estate and $14 trillion commercial real estate) as of 2002 [9]
1014 one hundred billion dollars one hundred trillion dollars $140×1012 total value of all world financial assets [10]
$510 ×1012 total world derivative contracts as of June 2007 [5]

References

  1. ^ "Joe Biden says California high-speed rail looking good for federal money". Los Angeles Times. 3 June 2009. http://latimesblogs.latimes.com/lanow/2009/06/though-california-is-in-the-throes-of-a-budget-crisis-vice-president-joe-biden-said-today-that-the-states-high-speed-rail.html. 
  2. ^ Zubrin, Robert The Case for Mars (1996)
  3. ^ Alan Boyle (2006). "What's the cost of the space station?". MSNBC. http://www.msnbc.msn.com/id/14505278/. Retrieved September 30, 2008. 
  4. ^ Value of Manhattan:
  5. ^ National Priorities Project—The Cost of War:
  6. ^ [1]
  7. ^ Economist magazine Volume 399 Whole Number 8739 June 25-July 1, 2011 The World This Week--Business section Page 10
  8. ^ Investment Analyst Stewart Dougherty on the Federal Deficit:
  9. ^ The Economist 2002
  10. ^ Macro Perspective on Capital Markets:

External links

Quantity
See also
Book:Orders of magnitude · Category:Orders of magnitude · Portal:Science