The U.S. dollar has lost 86% its value since 1972
Updated: July 13, 2022 Updated : July 13, 2022 $ 100 in 1972 is equivalent in purchasing world power to about $ 708.88 today, an increase of $ 608.88 over 50 years. The dollar had an modal inflation pace of 3.99 % per year between 1972 and today, producing a accumulative price addition of 608.88 %. This means that today ‘s prices are 7.09 times higher than average prices since 1972, according to the Bureau of Labor Statistics consumer price index. A dollar today entirely buys 14.107 % of what it could buy back then.
The inflation rate in 1972 was 3.21 %. The current ostentation rate compared to stopping point year is immediately 9.06 %. If this number holds, $ 100 today will be equivalent in buying power to $ 109.06 following year. The stream ostentation rate page gives more detail on the latest inflation rates. ⌃
Cumulative price change | 608.88% |
Average inflation rate | 3.99% |
Converted amount ( $ 100 base ) | $708.88 |
Price difference ( $ 100 foundation ) | $608.88 |
CPI in 1972 | 41.800 |
CPI in 2022 | 296.311 |
Inflation in 1972 | 3.21% |
Inflation in 2022 | 9.06% |
$100 in 1972 | $708.88 in 2022 |
USD ostentation since 1972 annual Rate, the Bureau of Labor Statistics CPIDownload
Buying power of $100 in 1972
This chart shows a calculation of buying exponent comparison for $ 100 in 1972 ( price index tracking began in 1635 ). For example, if you started with $ 100, you would need to end with $ 708.88 in club to “ adjust ” for inflation ( sometimes refered to as “ beating inflation ” ) .Download When $ 100 is equivalent to $ 708.88 over prison term, 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 memory. This effect explains how ostentation erodes the value of a dollar over time. By calculating the respect in 1972 dollars, the chart below shows how $ 100 is worth less over 50 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 :
Year | Dollar Value | Inflation Rate |
---|---|---|
1972 | $100.00 | 3.21% |
1973 | $106.22 | 6.22% |
1974 | $117.94 | 11.04% |
1975 | $128.71 | 9.13% |
1976 | $136.12 | 5.76% |
1977 | $144.98 | 6.50% |
1978 | $155.98 | 7.59% |
1979 | $173.68 | 11.35% |
1980 | $197.13 | 13.50% |
1981 | $217.46 | 10.32% |
1982 | $230.86 | 6.16% |
1983 | $238.28 | 3.21% |
1984 | $248.56 | 4.32% |
1985 | $257.42 | 3.56% |
1986 | $262.20 | 1.86% |
1987 | $271.77 | 3.65% |
1988 | $283.01 | 4.14% |
1989 | $296.65 | 4.82% |
1990 | $312.68 | 5.40% |
1991 | $325.84 | 4.21% |
1992 | $335.65 | 3.01% |
1993 | $345.69 | 2.99% |
1994 | $354.55 | 2.56% |
1995 | $364.59 | 2.83% |
1996 | $375.36 | 2.95% |
1997 | $383.97 | 2.29% |
1998 | $389.95 | 1.56% |
1999 | $398.56 | 2.21% |
2000 | $411.96 | 3.36% |
2001 | $423.68 | 2.85% |
2002 | $430.38 | 1.58% |
2003 | $440.19 | 2.28% |
2004 | $451.91 | 2.66% |
2005 | $467.22 | 3.39% |
2006 | $482.30 | 3.23% |
2007 | $496.03 | 2.85% |
2008 | $515.08 | 3.84% |
2009 | $513.25 | -0.36% |
2010 | $521.67 | 1.64% |
2011 | $538.13 | 3.16% |
2012 | $549.27 | 2.07% |
2013 | $557.31 | 1.46% |
2014 | $566.35 | 1.62% |
2015 | $567.03 | 0.12% |
2016 | $574.18 | 1.26% |
2017 | $586.41 | 2.13% |
2018 | $601.03 | 2.49% |
2019 | $611.62 | 1.76% |
2020 | $619.17 | 1.23% |
2021 | $648.25 | 4.70% |
2022 | $708.88 | 9.35%* |
* Compared to previous annual rate. Not final. See * Compared to previous annual rate. not concluding. See inflation compendious for latest 12-month trailing measure. Click to show 44 more rows This conversion postpone shows diverse other 1972 amounts in nowadays ‘s dollars, based on the 608.88 % change in prices :
Initial value | Equivalent value |
---|---|
$1 dollar in 1972 | $7.09 dollars today |
$5 dollars in 1972 | $35.44 dollars today |
$10 dollars in 1972 | $70.89 dollars nowadays |
$50 dollars in 1972 | $354.44 dollars today |
$100 dollars in 1972 | $708.88 dollars today |
$500 dollars in 1972 | $3,544.39 dollars today |
$1,000 dollars in 1972 | $7,088.78 dollars today |
$5,000 dollars in 1972 | $35,443.90 dollars today |
$10,000 dollars in 1972 | $70,887.80 dollars today |
$50,000 dollars in 1972 | $354,439.00 dollars nowadays |
$100,000 dollars in 1972 | $708,877.99 dollars today |
$500,000 dollars in 1972 | $3,544,389.95 dollars today |
$1,000,000 dollars in 1972 | $7,088,779.90 dollars today |
Inflation by City
inflation can vary wide by city, even within the United States. here ‘s how some cities fared in 1972 to 2022 ( figures shown are purchasing power equivalents of $ 100 ) :
- Seattle, Washington: 4.25 % average rate, $100 → $ 801.84, cumulative change of 701.84 %
- San Francisco, California: 4.25 % average rate, $100 → $ 800.37, cumulative change of 700.37 %
- Boston, Massachusetts: 3.99 % average rate, $100 → $ 708.42, cumulative change of 608.42 %
- Atlanta, Georgia: 3.91 % average rate, $100 → $ 680.40, cumulative change of 580.40 %
- New York: 3.89 % average rate, $100 → $ 673.62, cumulative change of 573.62 %
- Dallas-Fort Worth, Texas: 3.89 % average rate, $100 → $ 672.85, cumulative change of 572.85 %
- Houston, Texas: 3.82 % average rate, $100 → $ 652.47, cumulative change of 552.47 %
- Chicago, Illinois: 3.81 %
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average rate, $100 → $ 648.58, cumulative change of 548.58 %
- Philadelphia, Pennsylvania: 3.81 % average rate, $100 → $ 648.35, cumulative change of 548.35 %
- Detroit, Michigan: 3.71 % average rate, $100 → $ 618.64, cumulative change of 518.64 %
Seattle, Washington experienced the highest pace of inflation during the 50 years between 1972 and 2022 ( 4.25 % ). Detroit, Michigan experienced the lowest rate of ostentation during the 50 years between 1972 and 2022 ( 3.71 % ). notice that some locations showing 0 % ostentation may have not yet reported latest data .
Inflation by Country
inflation can besides vary widely by country. For comparison, in the UK £100.00 in 1972 would be equivalent to £1,466.58 in 2022, an absolute change of £1,366.58 and a accumulative exchange of 1,366.58 %. In Canada, CA $ 100.00 in 1972 would be equivalent to CA $ 692.38 in 2022, an absolute change of CA $ 592.38 and a accumulative change of 592.38 %. Compare these numbers to the US ‘s overall absolute change of $ 608.88 and total percentage transfer of 608.88 % .
Inflation by Spending Category
CPI is the burden combination of many categories of outgo that are tracked by the politics. Breaking down these categories helps explain the main drivers behind price changes. This chart shows the average rate of inflation for choose CPI categories between 1972 and 2022. Compare these values to the overall average of 3.99 % per year :
Category | Avg Inflation (%) | Total Inflation (%) | $100 in 1972 → 2022 |
---|---|---|---|
Food and beverages | 3.93 | 586.09 | 686.09 |
Housing | 4.10 | 647.17 | 747.17 |
Apparel | 1.43 | 103.56 | 203.56 |
Transportation | 3.86 | 564.58 | 664.58 |
Medical care | 5.49 | 1,348.66 | 1,448.66 |
Recreation | 1.23 | 84.33 | 184.33 |
Education and communication | 1.80 | 144.31 | 244.31 |
Other goods and services | 4.94 | 1,016.48 | 1,116.48 |
The graph below compares inflation in categories of goods over time. Click on a class such as “ Food ” to toggle it on or off : For all these visualizations, it ‘s significant to note that not all categories may have been tracked since 1972. This table and charts use the earliest available data for each category .
How to calculate inflation rate for $100 since 1972
Our calculations use the comply inflation rate rule to calculate the change in respect between 1972 and today :
CPI today
CPI in 1972
× 1972 USD value = today ‘s value then ballyhoo in historical CPI values. The U.S. CPI was 41.8 in the year 1972 and 296.311 in 2022 :
296.311
41.8
× $ 100 = $708.88 $ 100 in 1972 has the lapp “ purchasing power ” or “ buying exponent ” as $ 708.88 in 2022. To get the entire inflation rate for the 50 years between 1972 and 2022, we use the surveil formula :
CPI in 2022 – CPI in 1972
CPI in 1972
× 100 = Cumulative inflation rate (50 years) Plugging in the values to this equation, we get :
296.311 – 41.8
41.8
× 100 = 609%
Alternate Measurements of Inflation
The above datum describe the CPI for all items. besides of bill is the Core CPI, which measures inflation for all items except for the more explosive categories of food and energy. Core ostentation averaged 3.84 % per year between 1972 and 2022 ( volt all-CPI inflation of 3.99 % ), for an inflation sum of 558.93 %. When using the core inflation measurement, $ 100 in 1972 is equivalent in buying power to $ 658.93 in 2022, a difference of $ 558.93. Recall that for All Items, the convert total is $ 708.88 with a difference of $ 608.88. In 1972, core inflation was 3.06 % .
Comparison to S&P 500 Index
The modal inflation rate of 3.99 % has a compounding effect between 1972 and 2022. As note above, this annual inflation rate compounds to produce an overall price difference of 608.88 % over 50 years. To help put this inflation into position, if we had invested $ 100 in the S & P 500 exponent in 1972, our investing would be nominally worth approximately $ 15,069.37 in 2022. This is a fall on investing of 14,969.37 %, with an absolute render of $ 14,969.37 on top of the original $ 100. These numbers are not ostentation adjusted, so they are considered nominal. In order to evaluate the real reappearance on our investment, we must calculate the return with inflation taken into account. The compounding effect of inflation would account for 85.89 % of returns ( $ 12,943.57 ) during this period. This means the inflation-adjusted veridical return of our $ 100 investment is $ 2,025.81. You may besides want to account for capital gains tax, which would take your real number return down to around $ 1,722 for most people .
Original Amount | Final Amount | Change | |
---|---|---|---|
Nominal | $100 | $15,069.37 | 14,969.37% |
Real inflation Adjusted |
$100 | $2,125.81 | 2,025.81% |
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 1972 to latest available data for 2022 using average monthly close price. For more details on the S & P 500 between 1972 and 2022, see the store market returns calculator.
Data source & citation
Raw datum 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 diachronic sketch conducted by political science professor Robert Sahr at Oregon State University and from the american english Antiquarian Society. You may use the pursue MLA quotation for this foliate : “ Value of 1972 dollars today | Inflation Calculator. ” Official Inflation Data, Alioth Finance, 23 Jul. 2022, hypertext transfer protocol : //www.officialdata.org/us/inflation/1972. limited thanks to QuickChart for their chart effigy API, which is used for chart downloads.
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in2013dollars.com is a reference web site maintained by the Official Data Foundation .
About the author
Ian Webster is an mastermind and data expert based in San Mateo, California. He has worked for Google, NASA, and consulted for governments around the world on data pipelines and data analysis. Disappointed by the lack of clear resources on the impacts of inflation on economic indicators, Ian believes this web site serves as a valuable public tool. Ian earned his degree in Computer Science from Dartmouth College. Email · LinkedIn · Twitter
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