how much did the us pay for alaska

The United States paid $7.2 million to Russia for the purchase of Alaska in 1867. This amounted to about two cents per acre for nearly 600,000 square miles of land. The deal was negotiated by U.S. Secretary of State William H. Seward and Russian Minister Eduard de Stoeckl. Initially, the purchase was met with skepticism and was nicknamed "Seward's Folly," but it proved to be a valuable acquisition for the U.S. over time.