$

Value of 1965 US Dollars today

$100 in 1965
$945.51 in 2022

The inflation rate in the United States between 1965 and today has been 845.51%, which translates into a total increase of $845.51. This means that 100 dollars in 1965 are equivalent to 945.51 dollars in 2022. In other words, the purchasing power of $100 in 1965 equals $945.51 today. The average annual inflation rate between these periods has been 4.02%.

Inflation timeline in the United States (1965 - 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 1965-2021 759.99%
Cumulative inflation 1965-today 845.51%
Avg. Annual inflation 1965-2021 3.92%
CPI 1965 13.29
CPI 2021 114.33
CPI 2022-08 (latest official data) 124.96
CPI today 125.69

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 1965 and 2021, use the corresponding CPI values:

Value2021
=Value1965 ×
CPI2021/CPI1965
=$ 100 ×
114.33/13.29
$859.99

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 125.69:

Valuetoday
=Value1965 ×
CPItoday/CPI1965
=$ 100 ×
125.69/13.29
$945.51

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 56 years between 1965 and 2021 and the average inflation rate was 3.9172%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=$100 × (1 + 0.039172)56
$859.99

US inflation - Conversion table

Initial Value Equivalent value
$1 dollar in 1965 $8.6 dollars in 2021
$5 dollars in 1965 $43 dollars in 2021
$10 dollars in 1965 $86 dollars in 2021
$50 dollars in 1965 $430 dollars in 2021
$100 dollars in 1965 $859.99 dollars in 2021
$500 dollars in 1965 $4,299.97 dollars in 2021
$1,000 dollars in 1965 $8,599.94 dollars in 2021
$5,000 dollars in 1965 $42,999.69 dollars in 2021
$10,000 dollars in 1965 $85,999.38 dollars in 2021
$50,000 dollars in 1965 $429,996.92 dollars in 2021
$100,000 dollars in 1965 $859,993.83 dollars in 2021
$500,000 dollars in 1965 $4,299,969.16 dollars in 2021
$1,000,000 dollars in 1965 $8,599,938.32 dollars in 2021
Cumulative inflation From 1965 845.51%
Avg. annual inflation From 1965 4.02%
CPI 1965 13.29
CPI today 125.69

Value of Dollar over time (by year)

Period Value
1965 100
1966 103.02
1967 105.87
1968 110.39
1969 116.42
1970 123.22
1971 128.51
1972 132.72
1973 140.92
1974 156.49
1975 170.8
1976 180.61
1977 192.36
1978 207.04
1979 230.34
1980 261.54
1981 288.57
1982 306.27
1983 316.11
1984 329.7
1985 341.39
1986 347.87
1987 360.62
1988 375.32
1989 393.44
1990 414.68
1991 432.24
1992 445.33
1993 458.48
1994 470.43
1995 483.63
1996 497.8
1997 509.44
1998 517.35
1999 528.67
2000 546.52
2001 561.97
2002 570.88
2003 583.84
2004 599.47
2005 619.81
2006 639.8
2007 658.06
2008 683.32
2009 680.89
2010 692.06
2011 713.9
2012 728.68
2013 739.35
2014 751.34
2015 752.24
2016 761.73
2017 777.95
2018 796.95
2019 811.4
2020 821.41
2021 859.99
2022-08 939.98
Today 945.51

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: