You are looking for information, articles, knowledge about the topic nail salons open on sunday near me how much was $5 worth in 1970 on Google, you do not find the information you need! Here are the best content compiled and compiled by the https://chewathai27.com team, along with other related topics such as: how much was $5 worth in 1970 how much was $5 dollars worth in 1980, $2 dollars in 1970 worth today, $10,000 in 1970, 1970 cash conversion, $7 in 1970, $1 m in 1970, how much was $2,000 dollars in 1970, $5 dollars in 1960
$1 in 1970 is equivalent in purchasing power to about $7.64 today, an increase of $6.64 over 52 years. The dollar had an average inflation rate of 3.99% per year between 1970 and today, producing a cumulative price increase of 663.69%.Value of $5 from 1960 to 2022
$5 in 1960 is equivalent in purchasing power to about $49.37 today, an increase of $44.37 over 62 years. The dollar had an average inflation rate of 3.76% per year between 1960 and today, producing a cumulative price increase of 887.49%.Value of $5 from 1980 to 2022
$5 in 1980 is equivalent in purchasing power to about $17.98 today, an increase of $12.98 over 42 years. The dollar had an average inflation rate of 3.09% per year between 1980 and today, producing a cumulative price increase of 259.60%.
| Cumulative price change | 663.69% |
|---|---|
| Converted amount ($5 base) | $38.18 |
| Price difference ($5 base) | $33.18 |
| CPI in 1970 | 38.800 |
| CPI in 2022 | 296.311 |
| Cumulative price change | 653.34% |
|---|---|
| Average inflation rate | 3.96% |
| Converted amount ($5,000 base) | $37,667.01 |
| Price difference ($5,000 base) | $32,667.01 |
| CPI in 1970 | 38.800 |
Contents
How much is $1 in 1970 worth now?
$1 in 1970 is equivalent in purchasing power to about $7.64 today, an increase of $6.64 over 52 years. The dollar had an average inflation rate of 3.99% per year between 1970 and today, producing a cumulative price increase of 663.69%.
How much is $5 in 1960 worth now?
Value of $5 from 1960 to 2022
$5 in 1960 is equivalent in purchasing power to about $49.37 today, an increase of $44.37 over 62 years. The dollar had an average inflation rate of 3.76% per year between 1960 and today, producing a cumulative price increase of 887.49%.
How much was 5000 worth in the 1970s?
| Cumulative price change | 653.34% |
|---|---|
| Average inflation rate | 3.96% |
| Converted amount ($5,000 base) | $37,667.01 |
| Price difference ($5,000 base) | $32,667.01 |
| CPI in 1970 | 38.800 |
What would $5 in 1980 be worth now?
Value of $5 from 1980 to 2022
$5 in 1980 is equivalent in purchasing power to about $17.98 today, an increase of $12.98 over 42 years. The dollar had an average inflation rate of 3.09% per year between 1980 and today, producing a cumulative price increase of 259.60%.
How much did a loaf of bread cost in 1970?
However, in 1970, you could purchase a loaf of bread for the low price of $0.25.
What was a million dollars worth in 1920?
| Cumulative price change | 1,381.55% |
|---|---|
| Average inflation rate | 2.68% |
| Converted amount ($1,000,000 base) | $14,815,550.00 |
| Price difference ($1,000,000 base) | $13,815,550.00 |
| CPI in 1920 | 20.000 |
How much was 5 cents 1880?
$5 in 1880 is equivalent in purchasing power to about $145.25 today, an increase of $140.25 over 142 years. The dollar had an average inflation rate of 2.40% per year between 1880 and today, producing a cumulative price increase of 2,805.01%.
How much was 5 cents in the 1800s?
Value of $0.05 from 1800 to 2022
$0.05 in 1800 is equivalent in purchasing power to about $1.18 today, an increase of $1.13 over 222 years. The dollar had an average inflation rate of 1.43% per year between 1800 and today, producing a cumulative price increase of 2,251.67%.
How much was 5 cents 1900?
$5 in 1900 is equivalent in purchasing power to about $176.38 today, an increase of $171.38 over 122 years. The dollar had an average inflation rate of 2.96% per year between 1900 and today, producing a cumulative price increase of 3,427.51%.
How much was a dollar worth in 1800?
| Year | Dollar Value | Inflation Rate |
|---|---|---|
| 1800 | $1.00 | 2.44% |
| 1801 | $1.01 | 0.79% |
| 1802 | $0.85 | -15.75% |
| 1803 | $0.90 | 5.61% |
What is a million dollars in 1970 worth today?
$1,000,000 in 1970 is equivalent in purchasing power to about $7,636,881.44 today, an increase of $6,636,881.44 over 52 years. The dollar had an average inflation rate of 3.99% per year between 1970 and today, producing a cumulative price increase of 663.69%.
How much was 100k worth in 1970?
| Cumulative price change | 663.69% |
|---|---|
| Average inflation rate | 3.99% |
| Converted amount ($100,000 base) | $763,688.14 |
| Price difference ($100,000 base) | $663,688.14 |
| CPI in 1970 | 38.800 |
What was a dollar worth in 1880?
| Average inflation rate | 2.00% |
|---|---|
| Converted amount ($1 base) | $1.02 |
| Price difference ($1 base) | $0.02 |
| CPI in 1879 | 10.000 |
| CPI in 1880 | 10.200 |
How much was a dollar worth in 1950?
| Year | Dollar Value | Inflation Rate |
|---|---|---|
| 1950 | $100.00 | 1.26% |
| 1951 | $107.88 | 7.88% |
| 1952 | $109.96 | 1.92% |
| 1953 | $110.79 | 0.75% |
How much was a dollar worth in 1920?
| Year | Dollar Value | Inflation Rate |
|---|---|---|
| 1920 | $1.00 | 15.61% |
| 1921 | $0.89 | -10.50% |
| 1922 | $0.84 | -6.15% |
| 1923 | $0.86 | 1.79% |
How much was $2 worth in the 70s?
| Cumulative price change | 663.69% |
|---|---|
| Average inflation rate | 3.99% |
| Converted amount ($2 base) | $15.27 |
| Price difference ($2 base) | $13.27 |
| CPI in 1970 | 38.800 |
How much was $100 worth in 1970?
| Cumulative price change | 663.69% |
|---|---|
| Converted amount ($100 base) | $763.69 |
| Price difference ($100 base) | $663.69 |
| CPI in 1970 | 38.800 |
| CPI in 2022 | 296.311 |
How much was $1 worth in the 60s?
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 was $20 in the 70’s?
| Cumulative price change | 653.34% |
|---|---|
| Average inflation rate | 3.96% |
| Converted amount ($20 base) | $150.67 |
| Price difference ($20 base) | $130.67 |
| CPI in 1970 | 38.800 |
$5 in 1970 → 2022 | Inflation Calculator
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- Summary of article content: Articles about $5 in 1970 → 2022 | Inflation Calculator Updating …
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- Table of Contents:
Value of $5 from 1970 to 2022
Buying power of $5 in 1970
Inflation by City
Inflation by Country
Inflation by Spending Category
How to calculate inflation rate for $5 since 1970
Alternate Measurements of Inflation
Comparison to S&P 500 Index
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$1 in 1970 → 2022 | Inflation Calculator
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- Most searched keywords: Whether you are looking for $1 in 1970 → 2022 | Inflation Calculator Updating The 3.99% inflation rate means $1 in 1970 is equivalent to $7.64 today. This inflation calculator uses the official US consumer price index published by the Department of Labor.
- Table of Contents:
Value of $1 from 1970 to 2022
Buying power of $1 in 1970
Inflation by City
Inflation by Country
Inflation by Spending Category
How to calculate inflation rate for $1 since 1970
Alternate Measurements of Inflation
Comparison to S&P 500 Index
Data source & citation
$5 in 1960 → 2022 | Inflation Calculator
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- 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
$5,000 in 1970 → 2022 | Inflation Calculator
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- Most searched keywords: Whether you are looking for $5,000 in 1970 → 2022 | Inflation Calculator Updating The 3.99% inflation rate means $5,000 in 1970 is equivalent to $38,184.41 today. This inflation calculator uses the official US consumer price index published by the Department of Labor.
- Table of Contents:
Value of $5000 from 1970 to 2022
Buying power of $5000 in 1970
Inflation by City
Inflation by Country
Inflation by Spending Category
How to calculate inflation rate for $5000 since 1970
Alternate Measurements of Inflation
Comparison to S&P 500 Index
Data source & citation
$5 in 1980 → 2022 | Inflation Calculator
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- Table of Contents:
Value of $5 from 1980 to 2022
Buying power of $5 in 1980
Inflation by City
Inflation by Country
Inflation by Spending Category
How to calculate inflation rate for $5 since 1980
Alternate Measurements of Inflation
Comparison to S&P 500 Index
Data source & citation
Value of $5 in 1970. Inflation Calculator for Today’s Dollars
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- Summary of article content: Articles about Value of $5 in 1970. Inflation Calculator for Today’s Dollars $5 in 1970 equals $36.98 in 2022. Inflation by Year. Year, Value. 1970, $5.00. 1971, $5.28. 1972, $5.45. 1973, $5.64. 1974, $6.13. 1975, $6.88. 1976, $7.36. …
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$5 in 1970. Inflation Value of a Dollar Calculator. What is it worth?
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Value of $5 in 1970 – Inflation Calculator
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Value of 1970 US Dollars today – Inflation Calculator
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- Summary of article content: Articles about Value of 1970 US Dollars today – Inflation Calculator How much are 1970 dollars (USD) worth today? This tool calculates the time value of … $5 dollars in 1970, →, $34.9 dollars in 2021. $10 dollars in 1970 … …
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Inflation timeline in the United States (1970 – 2022)
How to calculate today’s value of money after inflation
US inflation – Conversion table
Inflation of $5 USD. What was $5 worth by year?
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- Summary of article content: Articles about Inflation of $5 USD. What was $5 worth by year? Inflation by Year ; 1968, $16.95 ; 1969, $17.75 ; 1970, $18.85 ; 1971, $19.90. …
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Inflation Calculator
Value of $5 from 1970 to 2022
$5 in 1970 is equivalent in purchasing power to about $38.18 today, an increase of $33.18 over 52 years. The dollar had an average inflation rate of 3.99% per year between 1970 and today, producing a cumulative price increase of 663.69%.
This means that today’s prices are 7.64 times higher than average prices since 1970, according to the Bureau of Labor Statistics consumer price index. A dollar today only buys 13.096% of what it could buy back then.
The inflation rate in 1970 was 5.72%. 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 1970 to 2022 Cumulative price change 663.69% Average inflation rate 3.99% Converted amount ($5 base) $38.18 Price difference ($5 base) $33.18 CPI in 1970 38.800 CPI in 2022 296.311 Inflation in 1970 5.72% Inflation in 2022 9.06% $5 in 1970 $38.18 in 2022
USD inflation since 1970 Annual Rate, the Bureau of Labor Statistics CPI Download
Buying power of $5 in 1970 This chart shows a calculation of buying power equivalence for $5 in 1970 (price index tracking began in 1635). For example, if you started with $5, you would need to end with $38.18 in order to “adjust” for inflation (sometimes refered to as “beating inflation”). Download When $5 is equivalent to $38.18 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 1970 dollars, the chart below shows how $5 is worth less over 52 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: 1970-2022 Year Dollar Value Inflation Rate 1970 $5.00 5.72% 1971 $5.22 4.38% 1972 $5.39 3.21% 1973 $5.72 6.22% 1974 $6.35 11.04% 1975 $6.93 9.13% 1976 $7.33 5.76% 1977 $7.81 6.50% 1978 $8.40 7.59% 1979 $9.36 11.35% 1980 $10.62 13.50% 1981 $11.71 10.32% 1982 $12.44 6.16% 1983 $12.84 3.21% 1984 $13.39 4.32% 1985 $13.87 3.56% 1986 $14.12 1.86% 1987 $14.64 3.65% 1988 $15.24 4.14% 1989 $15.98 4.82% 1990 $16.84 5.40% 1991 $17.55 4.21% 1992 $18.08 3.01% 1993 $18.62 2.99% 1994 $19.10 2.56% 1995 $19.64 2.83% 1996 $20.22 2.95% 1997 $20.68 2.29% 1998 $21.01 1.56% 1999 $21.47 2.21% 2000 $22.19 3.36% 2001 $22.82 2.85% 2002 $23.18 1.58% 2003 $23.71 2.28% 2004 $24.34 2.66% 2005 $25.17 3.39% 2006 $25.98 3.23% 2007 $26.72 2.85% 2008 $27.75 3.84% 2009 $27.65 -0.36% 2010 $28.10 1.64% 2011 $28.99 3.16% 2012 $29.59 2.07% 2013 $30.02 1.46% 2014 $30.51 1.62% 2015 $30.54 0.12% 2016 $30.93 1.26% 2017 $31.59 2.13% 2018 $32.38 2.49% 2019 $32.95 1.76% 2020 $33.35 1.23% 2021 $34.92 4.70% 2022 $38.18 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 46 more rows Download as CSV/Excel This conversion table shows various other 1970 amounts in today’s dollars, based on the 663.69% change in prices: Conversion: 1970 dollars today Initial value Equivalent value $1 dollar in 1970 $7.64 dollars today $5 dollars in 1970 $38.18 dollars today $10 dollars in 1970 $76.37 dollars today $50 dollars in 1970 $381.84 dollars today $100 dollars in 1970 $763.69 dollars today $500 dollars in 1970 $3,818.44 dollars today $1,000 dollars in 1970 $7,636.88 dollars today $5,000 dollars in 1970 $38,184.41 dollars today $10,000 dollars in 1970 $76,368.81 dollars today $50,000 dollars in 1970 $381,844.07 dollars today $100,000 dollars in 1970 $763,688.14 dollars today $500,000 dollars in 1970 $3,818,440.72 dollars today $1,000,000 dollars in 1970 $7,636,881.44 dollars today
Inflation by City Inflation can vary widely by city, even within the United States. Here’s how some cities fared in 1970 to 2022 (figures shown are purchasing power equivalents of $5): San Francisco, California : 4.22% average rate, $5 → $42.99 , cumulative change of 759.71%
: average rate, $5 → , cumulative change of Seattle, Washington : 4.18% average rate, $5 → $42.13 , cumulative change of 742.52%
: average rate, $5 → , cumulative change of Boston, Massachusetts : 4.01% average rate, $5 → $38.63 , cumulative change of 672.70%
: average rate, $5 → , cumulative change of New York : 3.93% average rate, $5 → $37.20 , cumulative change of 644.01%
: average rate, $5 → , cumulative change of Atlanta, Georgia : 3.91% average rate, $5 → $36.73 , cumulative change of 634.51%
: average rate, $5 → , cumulative change of Dallas-Fort Worth, Texas : 3.85% average rate, $5 → $35.69 , cumulative change of 613.74%
: average rate, $5 → , cumulative change of Houston, Texas : 3.81% average rate, $5 → $35.01 , cumulative change of 600.14%
: average rate, $5 → , cumulative change of Philadelphia, Pennsylvania : 3.81% average rate, $5 → $34.94 , cumulative change of 598.85%
: average rate, $5 → , cumulative change of Chicago, Illinois : 3.79% average rate, $5 → $34.66 , cumulative change of 593.30%
: average rate, $5 → , cumulative change of Detroit, Michigan: 3.71% average rate, $5 → $33.25 , cumulative change of 564.96% San Francisco, California experienced the highest rate of inflation during the 52 years between 1970 and 2022 (4.22%). Detroit, Michigan experienced the lowest rate of inflation during the 52 years between 1970 and 2022 (3.71%). 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 1970 would be equivalent to £85.97 in 2022, an absolute change of £80.97 and a cumulative change of 1,619.36%. In Canada, CA$5.00 in 1970 would be equivalent to CA$37.33 in 2022, an absolute change of CA$32.33 and a cumulative change of 646.58%. Compare these numbers to the US’s overall absolute change of $33.18 and total percent change of 663.69%.
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 1970 and 2022. Compare these values to the overall average of 3.99% per year: Category Avg Inflation (%) Total Inflation (%) $5 in 1970 → 2022 Food and beverages 3.91 636.54 36.83 Housing 4.11 710.69 40.53 Apparel 1.48 114.49 10.72 Transportation 3.83 607.66 35.38 Medical care 5.47 1,492.08 79.60 Recreation 1.23 88.90 9.44 Education and communication 1.80 153.19 12.66 Other goods and services 4.93 1,118.22 60.91 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 1970. This table and charts use the earliest available data for each category.
How to calculate inflation rate for $5 since 1970 Our calculations use the following inflation rate formula to calculate the change in value between 1970 and today: CPI today CPI in 1970 × 1970 USD value = Today’s value Then plug in historical CPI values. The U.S. CPI was 38.8 in the year 1970 and 296.311 in 2022: 296.311 38.8 × $5 = $38.18 $5 in 1970 has the same “purchasing power” or “buying power” as $38.18 in 2022. To get the total inflation rate for the 52 years between 1970 and 2022, we use the following formula: CPI in 2022 – CPI in 1970 CPI in 1970 × 100 = Cumulative inflation rate (52 years) Plugging in the values to this equation, we get: 296.311 – 38.8 38.8 × 100 = 664%
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 3.84% per year between 1970 and 2022 (vs all-CPI inflation of 3.99%), for an inflation total of 610.95%. When using the core inflation measurement, $5 in 1970 is equivalent in buying power to $35.55 in 2022, a difference of $30.55. Recall that for All Items, the converted amount is $38.18 with a difference of $33.18. In 1970, core inflation was 6.25%.
Comparison to S&P 500 Index The average inflation rate of 3.99% has a compounding effect between 1970 and 2022. As noted above, this yearly inflation rate compounds to produce an overall price difference of 663.69% over 52 years. To help put this inflation into perspective, if we had invested $5 in the S&P 500 index in 1970, our investment would be nominally worth approximately $923.75 in 2022. This is a return on investment of 18,375.08%, with an absolute return of $918.75 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 86.91% of returns ($802.79) during this period. This means the inflation-adjusted real return of our $5 investment is $115.96. You may also want to account for capital gains tax, which would take your real return down to around $99 for most people. Investment in S&P 500 Index, 1970-2022 Original Amount Final Amount Change Nominal $5 $923.75 18,375.08% Real
Inflation Adjusted $5 $120.96 2,319.19% 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 1970 to latest available data for 2022 using average monthly close price. For more details on the S&P 500 between 1970 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 1970 → 2022 | Inflation Calculator.” Official Inflation Data, Alioth Finance, 13 Jul. 2022, https://www.officialdata.org/us/inflation/1970?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 1970 to 2022
$1 in 1970 is equivalent in purchasing power to about $7.64 today, an increase of $6.64 over 52 years. The dollar had an average inflation rate of 3.99% per year between 1970 and today, producing a cumulative price increase of 663.69%.
This means that today’s prices are 7.64 times higher than average prices since 1970, according to the Bureau of Labor Statistics consumer price index. A dollar today only buys 13.089% of what it could buy back then.
The inflation rate in 1970 was 5.72%. 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.
⌃
Inflation from 1970 to 2022 Cumulative price change 663.69% Average inflation rate 3.99% Converted amount ($1 base) $7.64 Price difference ($1 base) $6.64 CPI in 1970 38.800 CPI in 2022 296.311 Inflation in 1970 5.72% Inflation in 2022 9.06% $1 in 1970 $7.64 in 2022
USD inflation since 1970 Annual Rate, the Bureau of Labor Statistics CPI Download
Buying power of $1 in 1970 This chart shows a calculation of buying power equivalence for $1 in 1970 (price index tracking began in 1635). For example, if you started with $1, you would need to end with $7.64 in order to “adjust” for inflation (sometimes refered to as “beating inflation”). Download When $1 is equivalent to $7.64 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 1970 dollars, the chart below shows how $1 is worth less over 52 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: 1970-2022 Year Dollar Value Inflation Rate 1970 $1.00 5.72% 1971 $1.04 4.38% 1972 $1.08 3.21% 1973 $1.14 6.22% 1974 $1.27 11.04% 1975 $1.39 9.13% 1976 $1.47 5.76% 1977 $1.56 6.50% 1978 $1.68 7.59% 1979 $1.87 11.35% 1980 $2.12 13.50% 1981 $2.34 10.32% 1982 $2.49 6.16% 1983 $2.57 3.21% 1984 $2.68 4.32% 1985 $2.77 3.56% 1986 $2.82 1.86% 1987 $2.93 3.65% 1988 $3.05 4.14% 1989 $3.20 4.82% 1990 $3.37 5.40% 1991 $3.51 4.21% 1992 $3.62 3.01% 1993 $3.72 2.99% 1994 $3.82 2.56% 1995 $3.93 2.83% 1996 $4.04 2.95% 1997 $4.14 2.29% 1998 $4.20 1.56% 1999 $4.29 2.21% 2000 $4.44 3.36% 2001 $4.56 2.85% 2002 $4.64 1.58% 2003 $4.74 2.28% 2004 $4.87 2.66% 2005 $5.03 3.39% 2006 $5.20 3.23% 2007 $5.34 2.85% 2008 $5.55 3.84% 2009 $5.53 -0.36% 2010 $5.62 1.64% 2011 $5.80 3.16% 2012 $5.92 2.07% 2013 $6.00 1.46% 2014 $6.10 1.62% 2015 $6.11 0.12% 2016 $6.19 1.26% 2017 $6.32 2.13% 2018 $6.48 2.49% 2019 $6.59 1.76% 2020 $6.67 1.23% 2021 $6.98 4.70% 2022 $7.64 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 46 more rows Download as CSV/Excel This conversion table shows various other 1970 amounts in today’s dollars, based on the 663.69% change in prices: Conversion: 1970 dollars today Initial value Equivalent value $1 dollar in 1970 $7.64 dollars today $5 dollars in 1970 $38.18 dollars today $10 dollars in 1970 $76.37 dollars today $50 dollars in 1970 $381.84 dollars today $100 dollars in 1970 $763.69 dollars today $500 dollars in 1970 $3,818.44 dollars today $1,000 dollars in 1970 $7,636.88 dollars today $5,000 dollars in 1970 $38,184.41 dollars today $10,000 dollars in 1970 $76,368.81 dollars today $50,000 dollars in 1970 $381,844.07 dollars today $100,000 dollars in 1970 $763,688.14 dollars today $500,000 dollars in 1970 $3,818,440.72 dollars today $1,000,000 dollars in 1970 $7,636,881.44 dollars today
Inflation by City Inflation can vary widely by city, even within the United States. Here’s how some cities fared in 1970 to 2022 (figures shown are purchasing power equivalents of $1): San Francisco, California : 4.22% average rate, $1 → $8.60 , cumulative change of 759.71%
: average rate, $1 → , cumulative change of Seattle, Washington : 4.18% average rate, $1 → $8.43 , cumulative change of 742.52%
: average rate, $1 → , cumulative change of Boston, Massachusetts : 4.01% average rate, $1 → $7.73 , cumulative change of 672.70%
: average rate, $1 → , cumulative change of New York : 3.93% average rate, $1 → $7.44 , cumulative change of 644.01%
: average rate, $1 → , cumulative change of Atlanta, Georgia : 3.91% average rate, $1 → $7.35 , cumulative change of 634.51%
: average rate, $1 → , cumulative change of Dallas-Fort Worth, Texas : 3.85% average rate, $1 → $7.14 , cumulative change of 613.74%
: average rate, $1 → , cumulative change of Houston, Texas : 3.81% average rate, $1 → $7.00 , cumulative change of 600.14%
: average rate, $1 → , cumulative change of Philadelphia, Pennsylvania : 3.81% average rate, $1 → $6.99 , cumulative change of 598.85%
: average rate, $1 → , cumulative change of Chicago, Illinois : 3.79% average rate, $1 → $6.93 , cumulative change of 593.30%
: average rate, $1 → , cumulative change of Detroit, Michigan: 3.71% average rate, $1 → $6.65 , cumulative change of 564.96% San Francisco, California experienced the highest rate of inflation during the 52 years between 1970 and 2022 (4.22%). Detroit, Michigan experienced the lowest rate of inflation during the 52 years between 1970 and 2022 (3.71%). 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 1970 would be equivalent to £17.19 in 2022, an absolute change of £16.19 and a cumulative change of 1,619.36%. In Canada, CA$1.00 in 1970 would be equivalent to CA$7.47 in 2022, an absolute change of CA$6.47 and a cumulative change of 646.58%. Compare these numbers to the US’s overall absolute change of $6.64 and total percent change of 663.69%.
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 1970 and 2022. Compare these values to the overall average of 3.99% per year: Category Avg Inflation (%) Total Inflation (%) $1 in 1970 → 2022 Food and beverages 3.91 636.54 7.37 Housing 4.11 710.69 8.11 Apparel 1.48 114.49 2.14 Transportation 3.83 607.66 7.08 Medical care 5.47 1,492.08 15.92 Recreation 1.23 88.90 1.89 Education and communication 1.80 153.19 2.53 Other goods and services 4.93 1,118.22 12.18 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 1970. This table and charts use the earliest available data for each category.
How to calculate inflation rate for $1 since 1970 Our calculations use the following inflation rate formula to calculate the change in value between 1970 and today: CPI today CPI in 1970 × 1970 USD value = Today’s value Then plug in historical CPI values. The U.S. CPI was 38.8 in the year 1970 and 296.311 in 2022: 296.311 38.8 × $1 = $7.64 $1 in 1970 has the same “purchasing power” or “buying power” as $7.64 in 2022. To get the total inflation rate for the 52 years between 1970 and 2022, we use the following formula: CPI in 2022 – CPI in 1970 CPI in 1970 × 100 = Cumulative inflation rate (52 years) Plugging in the values to this equation, we get: 296.311 – 38.8 38.8 × 100 = 664%
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 3.84% per year between 1970 and 2022 (vs all-CPI inflation of 3.99%), for an inflation total of 610.95%. When using the core inflation measurement, $1 in 1970 is equivalent in buying power to $7.11 in 2022, a difference of $6.11. Recall that for All Items, the converted amount is $7.64 with a difference of $6.64. In 1970, core inflation was 6.25%.
Comparison to S&P 500 Index The average inflation rate of 3.99% has a compounding effect between 1970 and 2022. As noted above, this yearly inflation rate compounds to produce an overall price difference of 663.69% over 52 years. To help put this inflation into perspective, if we had invested $1 in the S&P 500 index in 1970, our investment would be nominally worth approximately $184.75 in 2022. This is a return on investment of 18,375.08%, with an absolute return of $183.75 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 86.91% of returns ($160.56) during this period. This means the inflation-adjusted real return of our $1 investment is $23.19. You may also want to account for capital gains tax, which would take your real return down to around $20 for most people. Investment in S&P 500 Index, 1970-2022 Original Amount Final Amount Change Nominal $1 $184.75 18,375.08% Real
Inflation Adjusted $1 $24.19 2,319.19% 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 1970 to latest available data for 2022 using average monthly close price. For more details on the S&P 500 between 1970 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 1970 → 2022 | Inflation Calculator.” Official Inflation Data, Alioth Finance, 13 Jul. 2022, https://www.officialdata.org/us/inflation/1970?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.
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, 13 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.
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