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Value of 1961 US Dollars today

$100 in 1961
$1,001.42 in 2022

The inflation rate in the United States between 1961 and today has been 901.42%, which translates into a total increase of $901.42. This means that 100 dollars in 1961 are equivalent to 1,001.42 dollars in 2022. In other words, the purchasing power of $100 in 1961 equals $1,001.42 today. The average annual inflation rate between these periods has been 3.85%.

Inflation timeline in the United States (1961 - 2022)

The following chart depicts the equivalence of $100 due to compound inflation and CPI changes. All values are equivalent in terms of purchasing power, which means that for each year the same goods or services could be bought with the indicated amount of money.

All calculations are performed in the local currency (USD) and using 6 decimal digits. Results show only up to 2 decimal digits to favour readability. Inflation data is provided by governments and international institutions on a monthly basis. Today's values were extrapolated from the latest 12-month rolling average official data.

The following table contains relevant indicators:

Indicator Value
Cumulative inflation 1961-2021 806.51%
Cumulative inflation 1961-today 901.42%
Avg. Annual inflation 1961-2021 3.74%
CPI 1961 12.61
CPI 2021 114.33
CPI 2022-10 (latest official data) 125.73
CPI today 126.29

How to calculate today's value of money after inflation?

There are several ways to calculate the time value of money. Depending on the data available, results can be obtained by using the Consumer Price Index (CPI) formula or the compound interest formula.

Using the CPI formula

When we have both the start and end years, we can use the following formula:

Valuet =Value0 ×
CPIt/CPI0

To obtain the values equivalent in buying power between 1961 and 2021, use the corresponding CPI values:

Value2021
=Value1961 ×
CPI2021/CPI1961
=$ 100 ×
114.33/12.61
$906.51

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 126.29:

Valuetoday
=Value1961 ×
CPItoday/CPI1961
=$ 100 ×
126.29/12.61
$1,001.42

Alternative: Using the compound interest formula

Given that money changes with time as a result of an inflation rate that acts as compound interest, we can use the following formula: FV = PV × (1 + i)n, where:

  • FV: Future Value
  • PV: Present Value
  • i: Interest rate (inflation)
  • n: Number of times the interest is compounded (i.e. # of years)

In this case, the future value represents the final amount obtained after applying the inflation rate to our initial value. In other words, it indicates how much are $100 worth today. There are 60 years between 1961 and 2021 and the average inflation rate was 3.7424%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=$100 × (1 + 0.037424)60
$906.51

US inflation - Conversion table

Initial Value Equivalent value
$1 dollar in 1961 $9.07 dollars in 2021
$5 dollars in 1961 $45.33 dollars in 2021
$10 dollars in 1961 $90.65 dollars in 2021
$50 dollars in 1961 $453.25 dollars in 2021
$100 dollars in 1961 $906.51 dollars in 2021
$500 dollars in 1961 $4,532.53 dollars in 2021
$1,000 dollars in 1961 $9,065.06 dollars in 2021
$5,000 dollars in 1961 $45,325.3 dollars in 2021
$10,000 dollars in 1961 $90,650.6 dollars in 2021
$50,000 dollars in 1961 $453,252.99 dollars in 2021
$100,000 dollars in 1961 $906,505.99 dollars in 2021
$500,000 dollars in 1961 $4,532,529.95 dollars in 2021
$1,000,000 dollars in 1961 $9,065,059.89 dollars in 2021
Cumulative inflation From 1961 901.42%
Avg. annual inflation From 1961 3.85%
CPI 1961 12.61
CPI today 126.29

Value of Dollar over time (by year)

Period Value
1961 100
1962 101.2
1963 102.45
1964 103.76
1965 105.41
1966 108.59
1967 111.6
1968 116.36
1969 122.72
1970 129.89
1971 135.46
1972 139.89
1973 148.54
1974 164.96
1975 180.04
1976 190.38
1977 202.76
1978 218.23
1979 242.79
1980 275.69
1981 304.18
1982 322.83
1983 333.2
1984 347.53
1985 359.86
1986 366.69
1987 380.12
1988 395.62
1989 414.72
1990 437.11
1991 455.62
1992 469.42
1993 483.27
1994 495.87
1995 509.79
1996 524.73
1997 536.99
1998 545.33
1999 557.26
2000 576.08
2001 592.36
2002 601.76
2003 615.42
2004 631.89
2005 653.33
2006 674.41
2007 693.65
2008 720.28
2009 717.72
2010 729.49
2011 752.51
2012 768.09
2013 779.34
2014 791.98
2015 792.92
2016 802.92
2017 820.03
2018 840.06
2019 855.28
2020 865.83
2021 906.51
2022-10 996.97
Today 1,001.42

All available years

Today's value of US dollars by year:

1956 | 1957 | 1958 | 1959 | 1960 | 1961 | 1962 | 1963 | 1964 | 1965 | 1966 | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |

Other currencies: