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Value of $1 from 1960 to 2022
$1 in 1960 is equivalent in purchasing power to about $10.01 today, an increase of $9.01 over 62 years. The dollar had an average inflation rate of 3.79% per year between 1960 and today, producing a cumulative price increase of 901.05%.
| Cumulative price change | 901.05% |
|---|---|
| Average inflation rate | 3.79% |
| Converted amount ($5 base) | $50.05 |
| Price difference ($5 base) | $45.05 |
| CPI in 1960 | 29.600 |
…
Value of $5,000 from 1960 to 2022.
| Cumulative price change | 901.05% |
|---|---|
| Average inflation rate | 3.79% |
| Converted amount ($5,000 base) | $50,052.53 |
| Price difference ($5,000 base) | $45,052.53 |
| CPI in 1960 | 29.600 |
| Cumulative price change | 901.05% |
|---|---|
| Average inflation rate | 3.79% |
| Converted amount ($10 base) | $100.11 |
| Price difference ($10 base) | $90.11 |
| CPI in 1960 | 29.600 |
Contents
How much is $1 in 1960 worth now?
Value of $1 from 1960 to 2022
$1 in 1960 is equivalent in purchasing power to about $10.01 today, an increase of $9.01 over 62 years. The dollar had an average inflation rate of 3.79% per year between 1960 and today, producing a cumulative price increase of 901.05%.
How much is 5000 dollars worth in 1960?
…
Value of $5,000 from 1960 to 2022.
| Cumulative price change | 901.05% |
|---|---|
| Average inflation rate | 3.79% |
| Converted amount ($5,000 base) | $50,052.53 |
| Price difference ($5,000 base) | $45,052.53 |
| CPI in 1960 | 29.600 |
How much would 10 dollars be worth in 1960?
| Cumulative price change | 901.05% |
|---|---|
| Average inflation rate | 3.79% |
| Converted amount ($10 base) | $100.11 |
| Price difference ($10 base) | $90.11 |
| CPI in 1960 | 29.600 |
How much was 50 cents worth in 1960?
Value of $0.50 from 1960 to 2022
$0.50 in 1960 is equivalent in purchasing power to about $5.01 today, an increase of $4.51 over 62 years. The dollar had an average inflation rate of 3.79% per year between 1960 and today, producing a cumulative price increase of 901.05%.
How much was 50 cents in the 70s?
$0.50 in 1970 is equivalent in purchasing power to about $3.82 today, an increase of $3.32 over 52 years.
How much was $12000 1960?
| Cumulative price change | 901.05% |
|---|---|
| Average inflation rate | 3.79% |
| Converted amount ($12,000 base) | $120,126.08 |
| Price difference ($12,000 base) | $108,126.08 |
| CPI in 1960 | 29.600 |
How much was $10000 1960?
| Cumulative price change | 901.05% |
|---|---|
| Average inflation rate | 3.79% |
| Converted amount ($10,000 base) | $100,105.07 |
| Price difference ($10,000 base) | $90,105.07 |
| CPI in 1960 | 29.600 |
How much was $2000 1960?
| Cumulative price change | 901.05% |
|---|---|
| Converted amount ($2,000 base) | $20,021.01 |
| Price difference ($2,000 base) | $18,021.01 |
| CPI in 1960 | 29.600 |
| CPI in 2022 | 296.311 |
What did a car cost in 1960?
In 1960 the average new car costs about 2,752 dollars, and a gallon was gas was around 31. cent.
How much was $1 worth in 1880?
| Cumulative price change | 2,805.01% |
|---|---|
| Average inflation rate | 2.40% |
| Converted amount ($1 base) | $29.05 |
| Price difference ($1 base) | $28.05 |
| CPI in 1880 | 10.200 |
How much was a 1000 dollars worth in 1776?
| Cumulative price change | 3,305.87% |
|---|---|
| Average inflation rate | 1.44% |
| Converted amount ($1,000 base) | $34,058.74 |
| Price difference ($1,000 base) | $33,058.74 |
| CPI in 1776 | 8.700 |
How much was $1000000 worth in 1950?
| Cumulative price change | 1,112.85% |
|---|---|
| Average inflation rate | 3.53% |
| Converted amount ($1,000,000 base) | $12,128,464.73 |
| Price difference ($1,000,000 base) | $11,128,464.73 |
| CPI in 1950 | 24.100 |
How much was $1000 worth in 1960?
| Cumulative price change | 901.05% |
|---|---|
| Average inflation rate | 3.79% |
| Converted amount ($1,000 base) | $10,010.51 |
| Price difference ($1,000 base) | $9,010.51 |
| CPI in 1960 | 29.600 |
How much was $1 dollars worth in 1950?
| Year | Dollar Value | Inflation Rate |
|---|---|---|
| 1950 | $1.00 | 1.26% |
| 1951 | $1.08 | 7.88% |
| 1952 | $1.10 | 1.92% |
| 1953 | $1.11 | 0.75% |
What was 100k worth in 1960?
| Cumulative price change | 901.05% |
|---|---|
| Average inflation rate | 3.79% |
| Converted amount ($100,000 base) | $1,001,050.68 |
| Price difference ($100,000 base) | $901,050.68 |
| CPI in 1960 | 29.600 |
$5 in 1960 → 2022 | Inflation Calculator
- Article author: www.in2013dollars.com
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- Summary of article content: Articles about $5 in 1960 → 2022 | Inflation Calculator Updating …
- Most searched keywords: Whether you are looking for $5 in 1960 → 2022 | Inflation Calculator Updating The 3.79% inflation rate means $5 in 1960 is equivalent to $50.05 today. This inflation calculator uses the official US consumer price index published by the Department of Labor.
- Table of Contents:
Value of $5 from 1960 to 2022
Buying power of $5 in 1960
Inflation by City
Inflation by Country
Inflation by Spending Category
How to calculate inflation rate for $5 since 1960
Alternate Measurements of Inflation
Comparison to S&P 500 Index
Data source & citation
$1 in 1960 → 2022 | Inflation Calculator
- Article author: www.in2013dollars.com
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- Summary of article content: Articles about $1 in 1960 → 2022 | Inflation Calculator Updating …
- Most searched keywords: Whether you are looking for $1 in 1960 → 2022 | Inflation Calculator Updating The 3.79% inflation rate means $1 in 1960 is equivalent to $10.01 today. This inflation calculator uses the official US consumer price index published by the Department of Labor.
- Table of Contents:
Value of $1 from 1960 to 2022
Buying power of $1 in 1960
Inflation by City
Inflation by Country
Inflation by Spending Category
How to calculate inflation rate for $1 since 1960
Alternate Measurements of Inflation
Comparison to S&P 500 Index
Data source & citation
$5,000 in 1960 → 2022 | Inflation Calculator
- Article author: www.in2013dollars.com
- Reviews from users: 5325 Ratings
- Top rated: 4.7
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- Summary of article content: Articles about $5,000 in 1960 → 2022 | Inflation Calculator Updating …
- Most searched keywords: Whether you are looking for $5,000 in 1960 → 2022 | Inflation Calculator Updating The 3.79% inflation rate means $5,000 in 1960 is equivalent to $50,052.53 today. This inflation calculator uses the official US consumer price index published by the Department of Labor.
- Table of Contents:
Value of $5000 from 1960 to 2022
Buying power of $5000 in 1960
Inflation by City
Inflation by Country
Inflation by Spending Category
How to calculate inflation rate for $5000 since 1960
Alternate Measurements of Inflation
Comparison to S&P 500 Index
Data source & citation
$10 in 1960 → 2022 | Inflation Calculator
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- Summary of article content: Articles about $10 in 1960 → 2022 | Inflation Calculator Updating …
- Most searched keywords: Whether you are looking for $10 in 1960 → 2022 | Inflation Calculator Updating The 3.79% inflation rate means $10 in 1960 is equivalent to $100.11 today. This inflation calculator uses the official US consumer price index published by the Department of Labor.
- Table of Contents:
Value of $10 from 1960 to 2022
Buying power of $10 in 1960
Inflation by City
Inflation by Country
Inflation by Spending Category
How to calculate inflation rate for $10 since 1960
Alternate Measurements of Inflation
Comparison to S&P 500 Index
Data source & citation
$5.50 in 1960 → 2022 | Inflation Calculator
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- Summary of article content: Articles about $5.50 in 1960 → 2022 | Inflation Calculator $5.50 in 1960 is equivalent in purchasing power to about $55.06 today, an increase of $49.56 over 62 years. The dollar had an average inflation rate of 3.79% … …
- Most searched keywords: Whether you are looking for $5.50 in 1960 → 2022 | Inflation Calculator $5.50 in 1960 is equivalent in purchasing power to about $55.06 today, an increase of $49.56 over 62 years. The dollar had an average inflation rate of 3.79% … The 3.79% inflation rate means $5.50 in 1960 is equivalent to $55.06 today. This inflation calculator uses the official US consumer price index published by the Department of Labor.
- Table of Contents:
Value of $550 from 1960 to 2022
Buying power of $550 in 1960
Inflation by City
Inflation by Country
Inflation by Spending Category
How to calculate inflation rate for $550 since 1960
Alternate Measurements of Inflation
Comparison to S&P 500 Index
Data source & citation
Calculate the Value of $5.00 in 1960. How much is it worth today?
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- Summary of article content: Articles about Calculate the Value of $5.00 in 1960. How much is it worth today? How much is $5 in 1960 dollars worth? Year, Equivalent. 2022, $47.42. 2021, $44.30. 2020, $43.70. 2019, $42.73. …
- Most searched keywords: Whether you are looking for Calculate the Value of $5.00 in 1960. How much is it worth today? How much is $5 in 1960 dollars worth? Year, Equivalent. 2022, $47.42. 2021, $44.30. 2020, $43.70. 2019, $42.73.
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5 Examples showing how much was 5 dollars worth in 1960? InsightsArtist
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- Summary of article content: Articles about 5 Examples showing how much was 5 dollars worth in 1960? InsightsArtist To cut long story short, the $5 in 1960 has the same buying power or worth as $47.49 in 2022. It is interesting to note that during this period, … …
- Most searched keywords: Whether you are looking for 5 Examples showing how much was 5 dollars worth in 1960? InsightsArtist To cut long story short, the $5 in 1960 has the same buying power or worth as $47.49 in 2022. It is interesting to note that during this period, … $5 in 1960 has the same purchasing power as $47.49 today. Here we discuss, how much was 5 dollars worth in 1960 with examples of things you can buy with $5.How much was 5 dollars worth in 1960How much was 5 dollars worth in 1960?
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Value of $5 in 1960. Inflation Calculator for Today’s Dollars
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- Summary of article content: Articles about Value of $5 in 1960. Inflation Calculator for Today’s Dollars $5 in 1960 equals $47.42 in 2022. Inflation by Year. Year, Value. 1960, $5.00. 1961, $5.07. 1962, $5.10. 1963, $5.17. 1964, $5.26. 1965, $5.31. 1966, $5.41. …
- Most searched keywords: Whether you are looking for Value of $5 in 1960. Inflation Calculator for Today’s Dollars $5 in 1960 equals $47.42 in 2022. Inflation by Year. Year, Value. 1960, $5.00. 1961, $5.07. 1962, $5.10. 1963, $5.17. 1964, $5.26. 1965, $5.31. 1966, $5.41.
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$5 in 1960. Inflation Value of a Dollar Calculator. What is it worth?
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- Summary of article content: Articles about $5 in 1960. Inflation Value of a Dollar Calculator. What is it worth? How much was $5 worth in 1960? This is a good way to estimate what a certain wage or price could buy in a specific year. People often like to see how much their … …
- Most searched keywords: Whether you are looking for $5 in 1960. Inflation Value of a Dollar Calculator. What is it worth? How much was $5 worth in 1960? This is a good way to estimate what a certain wage or price could buy in a specific year. People often like to see how much their … Calculate the monthly payment of a mortgage.
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Inflation of $5 in 1960. What was $5 worth in 1960?
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- Summary of article content: Articles about Inflation of $5 in 1960. What was $5 worth in 1960? This calculator is useful for proving a rough estimate of costs in the past. What would the dollar cost of a university education be worth today? …
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Value of $5 in 1960. What is $5 in 1960 worth in today’s dollars?
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Value of $5 in 1960. What is $5 in 1960 worth in today’s dollars?
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- Summary of article content: Articles about Value of $5 in 1960. What is $5 in 1960 worth in today’s dollars? Free shipping on many items | Browse your favorite brands | affordable prices. … FR. 1960 D $5 1934-D Federal Reserve Note Cleveland D-A Block Gem PMG. …
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Value of 1960 Australian Dollars today – Inflation Calculator
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- Summary of article content: Articles about Value of 1960 Australian Dollars today – Inflation Calculator How much are 1960 dollars (AUD) worth today? This tool calculates the time value of money based on inflation and CPI historical data from Australia. …
- Most searched keywords: Whether you are looking for Value of 1960 Australian Dollars today – Inflation Calculator How much are 1960 dollars (AUD) worth today? This tool calculates the time value of money based on inflation and CPI historical data from Australia. How much are 1960 dollars (AUD) worth today? This tool calculates the time value of money based on inflation and CPI historical data from Australia.
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Inflation timeline in Australia (1960 – 2022)
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Australia inflation – Conversion table
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Inflation Calculator
Value of $5 from 1960 to 2022
$5 in 1960 is equivalent in purchasing power to about $50.05 today, an increase of $45.05 over 62 years. The dollar had an average inflation rate of 3.79% per year between 1960 and today, producing a cumulative price increase of 901.05%.
This means that today’s prices are 10.01 times higher than average prices since 1960, according to the Bureau of Labor Statistics consumer price index. A dollar today only buys 9.990% of what it could buy back then.
The inflation rate in 1960 was 1.72%. The current inflation rate compared to last year is now 9.06%. If this number holds, $5 today will be equivalent in buying power to $5.45 next year. The current inflation rate page gives more detail on the latest inflation rates.
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Inflation from 1960 to 2022 Cumulative price change 901.05% Average inflation rate 3.79% Converted amount ($5 base) $50.05 Price difference ($5 base) $45.05 CPI in 1960 29.600 CPI in 2022 296.311 Inflation in 1960 1.72% Inflation in 2022 9.06% $5 in 1960 $50.05 in 2022
USD inflation since 1960 Annual Rate, the Bureau of Labor Statistics CPI Download
Buying power of $5 in 1960 This chart shows a calculation of buying power equivalence for $5 in 1960 (price index tracking began in 1635). For example, if you started with $5, you would need to end with $50.05 in order to “adjust” for inflation (sometimes refered to as “beating inflation”). Download When $5 is equivalent to $50.05 over time, that means that the “real value” of a single U.S. dollar decreases over time. In other words, a dollar will pay for fewer items at the store. This effect explains how inflation erodes the value of a dollar over time. By calculating the value in 1960 dollars, the chart below shows how $5 is worth less over 62 years. Download According to the Bureau of Labor Statistics, each of these USD amounts below is equal in terms of what it could buy at the time: Dollar inflation: 1960-2022 Year Dollar Value Inflation Rate 1960 $5.00 1.72% 1961 $5.05 1.01% 1962 $5.10 1.00% 1963 $5.17 1.32% 1964 $5.24 1.31% 1965 $5.32 1.61% 1966 $5.47 2.86% 1967 $5.64 3.09% 1968 $5.88 4.19% 1969 $6.20 5.46% 1970 $6.55 5.72% 1971 $6.84 4.38% 1972 $7.06 3.21% 1973 $7.50 6.22% 1974 $8.33 11.04% 1975 $9.09 9.13% 1976 $9.61 5.76% 1977 $10.24 6.50% 1978 $11.01 7.59% 1979 $12.26 11.35% 1980 $13.92 13.50% 1981 $15.35 10.32% 1982 $16.30 6.16% 1983 $16.82 3.21% 1984 $17.55 4.32% 1985 $18.18 3.56% 1986 $18.51 1.86% 1987 $19.19 3.65% 1988 $19.98 4.14% 1989 $20.95 4.82% 1990 $22.08 5.40% 1991 $23.01 4.21% 1992 $23.70 3.01% 1993 $24.41 2.99% 1994 $25.03 2.56% 1995 $25.74 2.83% 1996 $26.50 2.95% 1997 $27.11 2.29% 1998 $27.53 1.56% 1999 $28.14 2.21% 2000 $29.09 3.36% 2001 $29.92 2.85% 2002 $30.39 1.58% 2003 $31.08 2.28% 2004 $31.91 2.66% 2005 $32.99 3.39% 2006 $34.05 3.23% 2007 $35.02 2.85% 2008 $36.37 3.84% 2009 $36.24 -0.36% 2010 $36.83 1.64% 2011 $38.00 3.16% 2012 $38.78 2.07% 2013 $39.35 1.46% 2014 $39.99 1.62% 2015 $40.04 0.12% 2016 $40.54 1.26% 2017 $41.41 2.13% 2018 $42.44 2.49% 2019 $43.19 1.76% 2020 $43.72 1.23% 2021 $45.77 4.70% 2022 $50.05 9.35%* * Compared to previous annual rate. Not final. See * Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value. Click to show 56 more rows Download as CSV/Excel This conversion table shows various other 1960 amounts in today’s dollars, based on the 901.05% change in prices: Conversion: 1960 dollars today Initial value Equivalent value $1 dollar in 1960 $10.01 dollars today $5 dollars in 1960 $50.05 dollars today $10 dollars in 1960 $100.11 dollars today $50 dollars in 1960 $500.53 dollars today $100 dollars in 1960 $1,001.05 dollars today $500 dollars in 1960 $5,005.25 dollars today $1,000 dollars in 1960 $10,010.51 dollars today $5,000 dollars in 1960 $50,052.53 dollars today $10,000 dollars in 1960 $100,105.07 dollars today $50,000 dollars in 1960 $500,525.34 dollars today $100,000 dollars in 1960 $1,001,050.68 dollars today $500,000 dollars in 1960 $5,005,253.38 dollars today $1,000,000 dollars in 1960 $10,010,506.76 dollars today
Inflation by City Inflation can vary widely by city, even within the United States. Here’s how some cities fared in 1960 to 2022 (figures shown are purchasing power equivalents of $5): San Francisco, California : 3.99% average rate, $5 → $56.59 , cumulative change of 1,031.79%
: average rate, $5 → , cumulative change of Seattle, Washington : 3.93% average rate, $5 → $54.58 , cumulative change of 991.64%
: average rate, $5 → , cumulative change of Boston, Massachusetts : 3.85% average rate, $5 → $51.97 , cumulative change of 939.37%
: average rate, $5 → , cumulative change of New York : 3.81% average rate, $5 → $50.70 , cumulative change of 914.05%
: average rate, $5 → , cumulative change of Atlanta, Georgia : 3.71% average rate, $5 → $47.71 , cumulative change of 854.12%
: average rate, $5 → , cumulative change of Philadelphia, Pennsylvania : 3.67% average rate, $5 → $46.58 , cumulative change of 831.54%
: average rate, $5 → , cumulative change of Houston, Texas : 3.63% average rate, $5 → $45.64 , cumulative change of 812.76%
: average rate, $5 → , cumulative change of Chicago, Illinois : 3.59% average rate, $5 → $44.43 , cumulative change of 788.50%
: average rate, $5 → , cumulative change of Detroit, Michigan: 3.58% average rate, $5 → $44.30 , cumulative change of 786.05% San Francisco, California experienced the highest rate of inflation during the 62 years between 1960 and 2022 (3.99%). Detroit, Michigan experienced the lowest rate of inflation during the 62 years between 1960 and 2022 (3.58%). Note that some locations showing 0% inflation may have not yet reported latest data. Inflation by Country Inflation can also vary widely by country. For comparison, in the UK £5.00 in 1960 would be equivalent to £127.99 in 2022, an absolute change of £122.99 and a cumulative change of 2,459.79%. In Canada, CA$5.00 in 1960 would be equivalent to CA$48.84 in 2022, an absolute change of CA$43.84 and a cumulative change of 876.76%. Compare these numbers to the US’s overall absolute change of $45.05 and total percent change of 901.05%.
Inflation by Spending Category CPI is the weighted combination of many categories of spending that are tracked by the government. Breaking down these categories helps explain the main drivers behind price changes. This chart shows the average rate of inflation for select CPI categories between 1960 and 2022. Compare these values to the overall average of 3.79% per year: Category Avg Inflation (%) Total Inflation (%) $5 in 1960 → 2022 Food and beverages 3.96 1,008.11 55.41 Housing 4.19 1,176.42 63.82 Apparel 1.66 177.75 13.89 Transportation 3.59 790.79 44.54 Medical care 5.28 2,329.12 121.46 Recreation 1.23 113.47 10.67 Education and communication 1.80 202.72 15.14 Other goods and services 4.95 1,895.45 99.77 The graph below compares inflation in categories of goods over time. Click on a category such as “Food” to toggle it on or off: For all these visualizations, it’s important to note that not all categories may have been tracked since 1960. This table and charts use the earliest available data for each category.
How to calculate inflation rate for $5 since 1960 Our calculations use the following inflation rate formula to calculate the change in value between 1960 and today: CPI today CPI in 1960 × 1960 USD value = Today’s value Then plug in historical CPI values. The U.S. CPI was 29.6 in the year 1960 and 296.311 in 2022: 296.311 29.6 × $5 = $50.05 $5 in 1960 has the same “purchasing power” or “buying power” as $50.05 in 2022. To get the total inflation rate for the 62 years between 1960 and 2022, we use the following formula: CPI in 2022 – CPI in 1960 CPI in 1960 × 100 = Cumulative inflation rate (62 years) Plugging in the values to this equation, we get: 296.311 – 29.6 29.6 × 100 = 901%
Alternate Measurements of Inflation The above data describe the CPI for all items. Also of note is the Core CPI, which measures inflation for all items except for the more volatile categories of food and energy. Core inflation averaged 3.69% per year between 1960 and 2022 (vs all-CPI inflation of 3.79%), for an inflation total of 847.28%. When using the core inflation measurement, $5 in 1960 is equivalent in buying power to $47.36 in 2022, a difference of $42.36. Recall that for All Items, the converted amount is $50.05 with a difference of $45.05. In 1960, core inflation was 1.50%.
Comparison to S&P 500 Index The average inflation rate of 3.79% has a compounding effect between 1960 and 2022. As noted above, this yearly inflation rate compounds to produce an overall price difference of 901.05% over 62 years. To help put this inflation into perspective, if we had invested $5 in the S&P 500 index in 1960, our investment would be nominally worth approximately $1,968.51 in 2022. This is a return on investment of 39,270.11%, with an absolute return of $1,963.51 on top of the original $5. These numbers are not inflation adjusted, so they are considered nominal. In order to evaluate the real return on our investment, we must calculate the return with inflation taken into account. The compounding effect of inflation would account for 90.01% of returns ($1,771.86) during this period. This means the inflation-adjusted real return of our $5 investment is $191.64. You may also want to account for capital gains tax, which would take your real return down to around $163 for most people. Investment in S&P 500 Index, 1960-2022 Original Amount Final Amount Change Nominal $5 $1,968.51 39,270.11% Real
Inflation Adjusted $5 $196.64 3,832.88% Information displayed above may differ slightly from other S&P 500 calculators. Minor discrepancies can occur because we use the latest CPI data for inflation, annualized inflation numbers for previous years, and we compute S&P price and dividends from January of 1960 to latest available data for 2022 using average monthly close price. For more details on the S&P 500 between 1960 and 2022, see the stock market returns calculator.
Data source & citation
Raw data for these calculations comes from the Bureau of Labor Statistics’ Consumer Price Index (CPI), established in 1913. Inflation data from 1634 to 1912 is sourced from a historical study conducted by political science professor Robert Sahr at Oregon State University and from the American Antiquarian Society.
You may use the following MLA citation for this page: “$5 in 1960 → 2022 | Inflation Calculator.” Official Inflation Data, Alioth Finance, 23 Jul. 2022, https://www.officialdata.org/us/inflation/1960?amount=5.
Special thanks to QuickChart for their chart image API, which is used for chart downloads.
in2013dollars.com is a reference website maintained by the Official Data Foundation.
Inflation Calculator
Value of $1 from 1960 to 2022
$1 in 1960 is equivalent in purchasing power to about $10.01 today, an increase of $9.01 over 62 years. The dollar had an average inflation rate of 3.79% per year between 1960 and today, producing a cumulative price increase of 901.05%.
This means that today’s prices are 10.01 times higher than average prices since 1960, according to the Bureau of Labor Statistics consumer price index. A dollar today only buys 9.990% of what it could buy back then.
The inflation rate in 1960 was 1.72%. The current inflation rate compared to last year is now 9.06%. If this number holds, $1 today will be equivalent in buying power to $1.09 next year. The current inflation rate page gives more detail on the latest inflation rates.
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Inflation from 1960 to 2022 Cumulative price change 901.05% Average inflation rate 3.79% Converted amount ($1 base) $10.01 Price difference ($1 base) $9.01 CPI in 1960 29.600 CPI in 2022 296.311 Inflation in 1960 1.72% Inflation in 2022 9.06% $1 in 1960 $10.01 in 2022
USD inflation since 1960 Annual Rate, the Bureau of Labor Statistics CPI Download
Buying power of $1 in 1960 This chart shows a calculation of buying power equivalence for $1 in 1960 (price index tracking began in 1635). For example, if you started with $1, you would need to end with $10.01 in order to “adjust” for inflation (sometimes refered to as “beating inflation”). Download When $1 is equivalent to $10.01 over time, that means that the “real value” of a single U.S. dollar decreases over time. In other words, a dollar will pay for fewer items at the store. This effect explains how inflation erodes the value of a dollar over time. By calculating the value in 1960 dollars, the chart below shows how $1 is worth less over 62 years. Download According to the Bureau of Labor Statistics, each of these USD amounts below is equal in terms of what it could buy at the time: Dollar inflation: 1960-2022 Year Dollar Value Inflation Rate 1960 $1.00 1.72% 1961 $1.01 1.01% 1962 $1.02 1.00% 1963 $1.03 1.32% 1964 $1.05 1.31% 1965 $1.06 1.61% 1966 $1.09 2.86% 1967 $1.13 3.09% 1968 $1.18 4.19% 1969 $1.24 5.46% 1970 $1.31 5.72% 1971 $1.37 4.38% 1972 $1.41 3.21% 1973 $1.50 6.22% 1974 $1.67 11.04% 1975 $1.82 9.13% 1976 $1.92 5.76% 1977 $2.05 6.50% 1978 $2.20 7.59% 1979 $2.45 11.35% 1980 $2.78 13.50% 1981 $3.07 10.32% 1982 $3.26 6.16% 1983 $3.36 3.21% 1984 $3.51 4.32% 1985 $3.64 3.56% 1986 $3.70 1.86% 1987 $3.84 3.65% 1988 $4.00 4.14% 1989 $4.19 4.82% 1990 $4.42 5.40% 1991 $4.60 4.21% 1992 $4.74 3.01% 1993 $4.88 2.99% 1994 $5.01 2.56% 1995 $5.15 2.83% 1996 $5.30 2.95% 1997 $5.42 2.29% 1998 $5.51 1.56% 1999 $5.63 2.21% 2000 $5.82 3.36% 2001 $5.98 2.85% 2002 $6.08 1.58% 2003 $6.22 2.28% 2004 $6.38 2.66% 2005 $6.60 3.39% 2006 $6.81 3.23% 2007 $7.00 2.85% 2008 $7.27 3.84% 2009 $7.25 -0.36% 2010 $7.37 1.64% 2011 $7.60 3.16% 2012 $7.76 2.07% 2013 $7.87 1.46% 2014 $8.00 1.62% 2015 $8.01 0.12% 2016 $8.11 1.26% 2017 $8.28 2.13% 2018 $8.49 2.49% 2019 $8.64 1.76% 2020 $8.74 1.23% 2021 $9.15 4.70% 2022 $10.01 9.35%* * Compared to previous annual rate. Not final. See * Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value. Click to show 56 more rows Download as CSV/Excel This conversion table shows various other 1960 amounts in today’s dollars, based on the 901.05% change in prices: Conversion: 1960 dollars today Initial value Equivalent value $1 dollar in 1960 $10.01 dollars today $5 dollars in 1960 $50.05 dollars today $10 dollars in 1960 $100.11 dollars today $50 dollars in 1960 $500.53 dollars today $100 dollars in 1960 $1,001.05 dollars today $500 dollars in 1960 $5,005.25 dollars today $1,000 dollars in 1960 $10,010.51 dollars today $5,000 dollars in 1960 $50,052.53 dollars today $10,000 dollars in 1960 $100,105.07 dollars today $50,000 dollars in 1960 $500,525.34 dollars today $100,000 dollars in 1960 $1,001,050.68 dollars today $500,000 dollars in 1960 $5,005,253.38 dollars today $1,000,000 dollars in 1960 $10,010,506.76 dollars today
Inflation by City Inflation can vary widely by city, even within the United States. Here’s how some cities fared in 1960 to 2022 (figures shown are purchasing power equivalents of $1): San Francisco, California : 3.99% average rate, $1 → $11.32 , cumulative change of 1,031.79%
: average rate, $1 → , cumulative change of Seattle, Washington : 3.93% average rate, $1 → $10.92 , cumulative change of 991.64%
: average rate, $1 → , cumulative change of Boston, Massachusetts : 3.85% average rate, $1 → $10.39 , cumulative change of 939.37%
: average rate, $1 → , cumulative change of New York : 3.81% average rate, $1 → $10.14 , cumulative change of 914.05%
: average rate, $1 → , cumulative change of Atlanta, Georgia : 3.71% average rate, $1 → $9.54 , cumulative change of 854.12%
: average rate, $1 → , cumulative change of Philadelphia, Pennsylvania : 3.67% average rate, $1 → $9.32 , cumulative change of 831.54%
: average rate, $1 → , cumulative change of Houston, Texas : 3.63% average rate, $1 → $9.13 , cumulative change of 812.76%
: average rate, $1 → , cumulative change of Chicago, Illinois : 3.59% average rate, $1 → $8.89 , cumulative change of 788.50%
: average rate, $1 → , cumulative change of Detroit, Michigan: 3.58% average rate, $1 → $8.86 , cumulative change of 786.05% San Francisco, California experienced the highest rate of inflation during the 62 years between 1960 and 2022 (3.99%). Detroit, Michigan experienced the lowest rate of inflation during the 62 years between 1960 and 2022 (3.58%). Note that some locations showing 0% inflation may have not yet reported latest data. Inflation by Country Inflation can also vary widely by country. For comparison, in the UK £1.00 in 1960 would be equivalent to £25.60 in 2022, an absolute change of £24.60 and a cumulative change of 2,459.79%. In Canada, CA$1.00 in 1960 would be equivalent to CA$9.77 in 2022, an absolute change of CA$8.77 and a cumulative change of 876.76%. Compare these numbers to the US’s overall absolute change of $9.01 and total percent change of 901.05%.
Inflation by Spending Category CPI is the weighted combination of many categories of spending that are tracked by the government. Breaking down these categories helps explain the main drivers behind price changes. This chart shows the average rate of inflation for select CPI categories between 1960 and 2022. Compare these values to the overall average of 3.79% per year: Category Avg Inflation (%) Total Inflation (%) $1 in 1960 → 2022 Food and beverages 3.96 1,008.11 11.08 Housing 4.19 1,176.42 12.76 Apparel 1.66 177.75 2.78 Transportation 3.59 790.79 8.91 Medical care 5.28 2,329.12 24.29 Recreation 1.23 113.47 2.13 Education and communication 1.80 202.72 3.03 Other goods and services 4.95 1,895.45 19.95 The graph below compares inflation in categories of goods over time. Click on a category such as “Food” to toggle it on or off: For all these visualizations, it’s important to note that not all categories may have been tracked since 1960. This table and charts use the earliest available data for each category.
How to calculate inflation rate for $1 since 1960 Our calculations use the following inflation rate formula to calculate the change in value between 1960 and today: CPI today CPI in 1960 × 1960 USD value = Today’s value Then plug in historical CPI values. The U.S. CPI was 29.6 in the year 1960 and 296.311 in 2022: 296.311 29.6 × $1 = $10.01 $1 in 1960 has the same “purchasing power” or “buying power” as $10.01 in 2022. To get the total inflation rate for the 62 years between 1960 and 2022, we use the following formula: CPI in 2022 – CPI in 1960 CPI in 1960 × 100 = Cumulative inflation rate (62 years) Plugging in the values to this equation, we get: 296.311 – 29.6 29.6 × 100 = 901%
Alternate Measurements of Inflation The above data describe the CPI for all items. Also of note is the Core CPI, which measures inflation for all items except for the more volatile categories of food and energy. Core inflation averaged 3.69% per year between 1960 and 2022 (vs all-CPI inflation of 3.79%), for an inflation total of 847.28%. When using the core inflation measurement, $1 in 1960 is equivalent in buying power to $9.47 in 2022, a difference of $8.47. Recall that for All Items, the converted amount is $10.01 with a difference of $9.01. In 1960, core inflation was 1.50%.
Comparison to S&P 500 Index The average inflation rate of 3.79% has a compounding effect between 1960 and 2022. As noted above, this yearly inflation rate compounds to produce an overall price difference of 901.05% over 62 years. To help put this inflation into perspective, if we had invested $1 in the S&P 500 index in 1960, our investment would be nominally worth approximately $393.70 in 2022. This is a return on investment of 39,270.11%, with an absolute return of $392.70 on top of the original $1. These numbers are not inflation adjusted, so they are considered nominal. In order to evaluate the real return on our investment, we must calculate the return with inflation taken into account. The compounding effect of inflation would account for 90.01% of returns ($354.37) during this period. This means the inflation-adjusted real return of our $1 investment is $38.33. You may also want to account for capital gains tax, which would take your real return down to around $33 for most people. Investment in S&P 500 Index, 1960-2022 Original Amount Final Amount Change Nominal $1 $393.70 39,270.11% Real
Inflation Adjusted $1 $39.33 3,832.88% Information displayed above may differ slightly from other S&P 500 calculators. Minor discrepancies can occur because we use the latest CPI data for inflation, annualized inflation numbers for previous years, and we compute S&P price and dividends from January of 1960 to latest available data for 2022 using average monthly close price. For more details on the S&P 500 between 1960 and 2022, see the stock market returns calculator.
Data source & citation
Raw data for these calculations comes from the Bureau of Labor Statistics’ Consumer Price Index (CPI), established in 1913. Inflation data from 1634 to 1912 is sourced from a historical study conducted by political science professor Robert Sahr at Oregon State University and from the American Antiquarian Society.
You may use the following MLA citation for this page: “$1 in 1960 → 2022 | Inflation Calculator.” Official Inflation Data, Alioth Finance, 23 Jul. 2022, https://www.officialdata.org/us/inflation/1960?amount=1.
Special thanks to QuickChart for their chart image API, which is used for chart downloads.
in2013dollars.com is a reference website maintained by the Official Data Foundation.
$5,000 in 1960 → 2022
Value of $5,000 from 1960 to 2022
$5,000 in 1960 is equivalent in purchasing power to about $50,052.53 today, an increase of $45,052.53 over 62 years. The dollar had an average inflation rate of 3.79% per year between 1960 and today, producing a cumulative price increase of 901.05%.
This means that today’s prices are 10.01 times higher than average prices since 1960, according to the Bureau of Labor Statistics consumer price index. A dollar today only buys 9.990% of what it could buy back then.
The inflation rate in 1960 was 1.72%. The current inflation rate compared to last year is now 9.06%. If this number holds, $5,000 today will be equivalent in buying power to $5,452.99 next year. The current inflation rate page gives more detail on the latest inflation rates.
⌃
Inflation from 1960 to 2022 Cumulative price change 901.05% Average inflation rate 3.79% Converted amount ($5,000 base) $50,052.53 Price difference ($5,000 base) $45,052.53 CPI in 1960 29.600 CPI in 2022 296.311 Inflation in 1960 1.72% Inflation in 2022 9.06% $5,000 in 1960 $50,052.53 in 2022
USD inflation since 1960 Annual Rate, the Bureau of Labor Statistics CPI Download
Buying power of $5,000 in 1960 This chart shows a calculation of buying power equivalence for $5,000 in 1960 (price index tracking began in 1635). For example, if you started with $5,000, you would need to end with $50,052.53 in order to “adjust” for inflation (sometimes refered to as “beating inflation”). Download When $5,000 is equivalent to $50,052.53 over time, that means that the “real value” of a single U.S. dollar decreases over time. In other words, a dollar will pay for fewer items at the store. This effect explains how inflation erodes the value of a dollar over time. By calculating the value in 1960 dollars, the chart below shows how $5,000 is worth less over 62 years. Download According to the Bureau of Labor Statistics, each of these USD amounts below is equal in terms of what it could buy at the time: Dollar inflation: 1960-2022 Year Dollar Value Inflation Rate 1960 $5,000.00 1.72% 1961 $5,050.68 1.01% 1962 $5,101.35 1.00% 1963 $5,168.92 1.32% 1964 $5,236.49 1.31% 1965 $5,320.95 1.61% 1966 $5,472.97 2.86% 1967 $5,641.89 3.09% 1968 $5,878.38 4.19% 1969 $6,199.32 5.46% 1970 $6,554.05 5.72% 1971 $6,841.22 4.38% 1972 $7,060.81 3.21% 1973 $7,500.00 6.22% 1974 $8,327.70 11.04% 1975 $9,087.84 9.13% 1976 $9,611.49 5.76% 1977 $10,236.49 6.50% 1978 $11,013.51 7.59% 1979 $12,263.51 11.35% 1980 $13,918.92 13.50% 1981 $15,354.73 10.32% 1982 $16,300.68 6.16% 1983 $16,824.32 3.21% 1984 $17,550.68 4.32% 1985 $18,175.68 3.56% 1986 $18,513.51 1.86% 1987 $19,189.19 3.65% 1988 $19,983.11 4.14% 1989 $20,945.95 4.82% 1990 $22,077.70 5.40% 1991 $23,006.76 4.21% 1992 $23,699.32 3.01% 1993 $24,408.78 2.99% 1994 $25,033.78 2.56% 1995 $25,743.24 2.83% 1996 $26,503.38 2.95% 1997 $27,111.49 2.29% 1998 $27,533.78 1.56% 1999 $28,141.89 2.21% 2000 $29,087.84 3.36% 2001 $29,915.54 2.85% 2002 $30,388.51 1.58% 2003 $31,081.08 2.28% 2004 $31,908.78 2.66% 2005 $32,989.86 3.39% 2006 $34,054.05 3.23% 2007 $35,023.99 2.85% 2008 $36,368.75 3.84% 2009 $36,239.36 -0.36% 2010 $36,833.78 1.64% 2011 $37,996.45 3.16% 2012 $38,782.77 2.07% 2013 $39,350.84 1.46% 2014 $39,989.19 1.62% 2015 $40,036.66 0.12% 2016 $40,541.72 1.26% 2017 $41,405.41 2.13% 2018 $42,437.50 2.49% 2019 $43,185.39 1.76% 2020 $43,718.19 1.23% 2021 $45,771.99 4.70% 2022 $50,052.53 9.35%* * Compared to previous annual rate. Not final. See * Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value. Click to show 56 more rows Download as CSV/Excel This conversion table shows various other 1960 amounts in today’s dollars, based on the 901.05% change in prices: Conversion: 1960 dollars today Initial value Equivalent value $1 dollar in 1960 $10.01 dollars today $5 dollars in 1960 $50.05 dollars today $10 dollars in 1960 $100.11 dollars today $50 dollars in 1960 $500.53 dollars today $100 dollars in 1960 $1,001.05 dollars today $500 dollars in 1960 $5,005.25 dollars today $1,000 dollars in 1960 $10,010.51 dollars today $5,000 dollars in 1960 $50,052.53 dollars today $10,000 dollars in 1960 $100,105.07 dollars today $50,000 dollars in 1960 $500,525.34 dollars today $100,000 dollars in 1960 $1,001,050.68 dollars today $500,000 dollars in 1960 $5,005,253.38 dollars today $1,000,000 dollars in 1960 $10,010,506.76 dollars today
Inflation by City Inflation can vary widely by city, even within the United States. Here’s how some cities fared in 1960 to 2022 (figures shown are purchasing power equivalents of $5,000): San Francisco, California : 3.99% average rate, $5,000 → $56,589.42 , cumulative change of 1,031.79%
: average rate, $5,000 → , cumulative change of Seattle, Washington : 3.93% average rate, $5,000 → $54,582.04 , cumulative change of 991.64%
: average rate, $5,000 → , cumulative change of Boston, Massachusetts : 3.85% average rate, $5,000 → $51,968.62 , cumulative change of 939.37%
: average rate, $5,000 → , cumulative change of New York : 3.81% average rate, $5,000 → $50,702.51 , cumulative change of 914.05%
: average rate, $5,000 → , cumulative change of Atlanta, Georgia : 3.71% average rate, $5,000 → $47,706.19 , cumulative change of 854.12%
: average rate, $5,000 → , cumulative change of Philadelphia, Pennsylvania : 3.67% average rate, $5,000 → $46,577.06 , cumulative change of 831.54%
: average rate, $5,000 → , cumulative change of Houston, Texas : 3.63% average rate, $5,000 → $45,637.77 , cumulative change of 812.76%
: average rate, $5,000 → , cumulative change of Chicago, Illinois : 3.59% average rate, $5,000 → $44,425.05 , cumulative change of 788.50%
: average rate, $5,000 → , cumulative change of Detroit, Michigan: 3.58% average rate, $5,000 → $44,302.50 , cumulative change of 786.05% San Francisco, California experienced the highest rate of inflation during the 62 years between 1960 and 2022 (3.99%). Detroit, Michigan experienced the lowest rate of inflation during the 62 years between 1960 and 2022 (3.58%). Note that some locations showing 0% inflation may have not yet reported latest data. Inflation by Country Inflation can also vary widely by country. For comparison, in the UK £5,000.00 in 1960 would be equivalent to £127,989.30 in 2022, an absolute change of £122,989.30 and a cumulative change of 2,459.79%. In Canada, CA$5,000.00 in 1960 would be equivalent to CA$48,837.79 in 2022, an absolute change of CA$43,837.79 and a cumulative change of 876.76%. Compare these numbers to the US’s overall absolute change of $45,052.53 and total percent change of 901.05%.
Inflation by Spending Category CPI is the weighted combination of many categories of spending that are tracked by the government. Breaking down these categories helps explain the main drivers behind price changes. This chart shows the average rate of inflation for select CPI categories between 1960 and 2022. Compare these values to the overall average of 3.79% per year: Category Avg Inflation (%) Total Inflation (%) $5,000 in 1960 → 2022 Food and beverages 3.96 1,008.11 55,405.28 Housing 4.19 1,176.42 63,820.86 Apparel 1.66 177.75 13,887.33 Transportation 3.59 790.79 44,539.69 Medical care 5.28 2,329.12 121,456.12 Recreation 1.23 113.47 10,673.61 Education and communication 1.80 202.72 15,136.03 Other goods and services 4.95 1,895.45 99,772.65 The graph below compares inflation in categories of goods over time. Click on a category such as “Food” to toggle it on or off: For all these visualizations, it’s important to note that not all categories may have been tracked since 1960. This table and charts use the earliest available data for each category.
How to calculate inflation rate for $5,000 since 1960 Our calculations use the following inflation rate formula to calculate the change in value between 1960 and today: CPI today CPI in 1960 × 1960 USD value = Today’s value Then plug in historical CPI values. The U.S. CPI was 29.6 in the year 1960 and 296.311 in 2022: 296.311 29.6 × $5,000 = $50,052.53 $5,000 in 1960 has the same “purchasing power” or “buying power” as $50,052.53 in 2022. To get the total inflation rate for the 62 years between 1960 and 2022, we use the following formula: CPI in 2022 – CPI in 1960 CPI in 1960 × 100 = Cumulative inflation rate (62 years) Plugging in the values to this equation, we get: 296.311 – 29.6 29.6 × 100 = 901%
Alternate Measurements of Inflation The above data describe the CPI for all items. Also of note is the Core CPI, which measures inflation for all items except for the more volatile categories of food and energy. Core inflation averaged 3.69% per year between 1960 and 2022 (vs all-CPI inflation of 3.79%), for an inflation total of 847.28%. When using the core inflation measurement, $5,000 in 1960 is equivalent in buying power to $47,364.00 in 2022, a difference of $42,364.00. Recall that for All Items, the converted amount is $50,052.53 with a difference of $45,052.53. In 1960, core inflation was 1.50%.
Comparison to S&P 500 Index The average inflation rate of 3.79% has a compounding effect between 1960 and 2022. As noted above, this yearly inflation rate compounds to produce an overall price difference of 901.05% over 62 years. To help put this inflation into perspective, if we had invested $5,000 in the S&P 500 index in 1960, our investment would be nominally worth approximately $1,968,505.65 in 2022. This is a return on investment of 39,270.11%, with an absolute return of $1,963,505.65 on top of the original $5,000. These numbers are not inflation adjusted, so they are considered nominal. In order to evaluate the real return on our investment, we must calculate the return with inflation taken into account. The compounding effect of inflation would account for 90.01% of returns ($1,771,861.69) during this period. This means the inflation-adjusted real return of our $5,000 investment is $191,643.96. You may also want to account for capital gains tax, which would take your real return down to around $162,897 for most people. Investment in S&P 500 Index, 1960-2022 Original Amount Final Amount Change Nominal $5,000 $1,968,505.65 39,270.11% Real
Inflation Adjusted $5,000 $196,643.96 3,832.88% Information displayed above may differ slightly from other S&P 500 calculators. Minor discrepancies can occur because we use the latest CPI data for inflation, annualized inflation numbers for previous years, and we compute S&P price and dividends from January of 1960 to latest available data for 2022 using average monthly close price. For more details on the S&P 500 between 1960 and 2022, see the stock market returns calculator.
Data source & citation
Raw data for these calculations comes from the Bureau of Labor Statistics’ Consumer Price Index (CPI), established in 1913. Inflation data from 1634 to 1912 is sourced from a historical study conducted by political science professor Robert Sahr at Oregon State University and from the American Antiquarian Society.
You may use the following MLA citation for this page: “$5,000 in 1960 → 2022 | Inflation Calculator.” Official Inflation Data, Alioth Finance, 23 Jul. 2022, https://www.officialdata.org/us/inflation/1960?amount=5000.
Special thanks to QuickChart for their chart image API, which is used for chart downloads.
in2013dollars.com is a reference website maintained by the Official Data Foundation.
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