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Value of 1967 US Dollars today

$100 in 1967
$871.38 in 2022

The inflation rate in the United States between 1967 and today has been 771.38%, which translates into a total increase of $771.38. This means that 100 dollars in 1967 are equivalent to 871.38 dollars in 2022. In other words, the purchasing power of $100 in 1967 equals $871.38 today. The average annual inflation rate between these periods has been 4.01%.

Inflation timeline in the United States (1967 - 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 1967-2021 712.3%
Cumulative inflation 1967-today 771.38%
Avg. Annual inflation 1967-2021 3.96%
CPI 1967 14.07
CPI 2021 114.33
CPI 2022-04 (latest official data) 121.98
CPI today 122.64

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 1967 and 2021, use the corresponding CPI values:

Value2021
=Value1967 ×
CPI2021/CPI1967
=$ 100 ×
114.33/14.07
$812.3

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 122.64:

Valuetoday
=Value1967 ×
CPItoday/CPI1967
=$ 100 ×
122.64/14.07
$871.38

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 54 years between 1967 and 2021 and the average inflation rate was 3.9553%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=$100 × (1 + 0.039553)54
$812.3

US inflation - Conversion table

Initial Value Equivalent value
$1 dollar in 1967 $8.12 dollars in 2021
$5 dollars in 1967 $40.61 dollars in 2021
$10 dollars in 1967 $81.23 dollars in 2021
$50 dollars in 1967 $406.15 dollars in 2021
$100 dollars in 1967 $812.3 dollars in 2021
$500 dollars in 1967 $4,061.5 dollars in 2021
$1,000 dollars in 1967 $8,123 dollars in 2021
$5,000 dollars in 1967 $40,614.98 dollars in 2021
$10,000 dollars in 1967 $81,229.96 dollars in 2021
$50,000 dollars in 1967 $406,149.82 dollars in 2021
$100,000 dollars in 1967 $812,299.63 dollars in 2021
$500,000 dollars in 1967 $4,061,498.17 dollars in 2021
$1,000,000 dollars in 1967 $8,122,996.34 dollars in 2021
Cumulative inflation From 1967 771.38%
Avg. annual inflation From 1967 4.01%
CPI 1967 14.07
CPI today 122.64

Value of Dollar over time (by year)

Period Value
1967 100
1968 104.27
1969 109.97
1970 116.39
1971 121.38
1972 125.36
1973 133.1
1974 147.81
1975 161.33
1976 170.6
1977 181.69
1978 195.55
1979 217.56
1980 247.04
1981 272.57
1982 289.28
1983 298.58
1984 311.42
1985 322.46
1986 328.58
1987 340.62
1988 354.51
1989 371.62
1990 391.68
1991 408.27
1992 420.63
1993 433.05
1994 444.34
1995 456.81
1996 470.2
1997 481.19
1998 488.66
1999 499.35
2000 516.21
2001 530.8
2002 539.22
2003 551.46
2004 566.23
2005 585.44
2006 604.32
2007 621.56
2008 645.42
2009 643.13
2010 653.68
2011 674.31
2012 688.27
2013 698.35
2014 709.68
2015 710.52
2016 719.48
2017 734.81
2018 752.76
2019 766.4
2020 775.85
2021 812.3
2022-04 866.68
Today 871.38

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: