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[update]
			$9.06×1012	United States national debt as of October 2007[update] [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

• GNI per capita 2002, Atlas method and PPP