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Value of 1975 US Dollars today

$100 in 1975
$587.03 in 2024

The inflation rate in the United States between 1975 and today has been 487.03%, which translates into a total increase of $487.03. This means that 100 dollars in 1975 are equivalent to 587.03 dollars in 2024. In other words, the purchasing power of $100 in 1975 equals $587.03 today. The average annual inflation rate between these periods has been 3.68%.

Inflation timeline in the United States (1975 - 2024)

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 1975-2023 466.18%
Cumulative inflation 1975-today 487.03%
Avg. Annual inflation 1975-2023 3.68%
CPI 1975 53.82
CPI 2023 304.7
CPI 2024-11 (latest official data) 315.49
CPI today 315.92

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 1975 and 2023, use the corresponding CPI values:

Value2023
=Value1975 ×
CPI2023/CPI1975
=$ 100 ×
304.7/53.82
$566.18

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 315.92:

Valuetoday
=Value1975 ×
CPItoday/CPI1975
=$ 100 ×
315.92/53.82
$587.03

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 48 years between 1975 and 2023 and the average inflation rate was 3.678%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=$100 × (1 + 0.03678)48
$566.18

US inflation - Conversion table

Initial Value Equivalent value
$1 dollar in 1975 $5.66 dollars in 2023
$5 dollars in 1975 $28.31 dollars in 2023
$10 dollars in 1975 $56.62 dollars in 2023
$50 dollars in 1975 $283.09 dollars in 2023
$100 dollars in 1975 $566.18 dollars in 2023
$500 dollars in 1975 $2,830.92 dollars in 2023
$1,000 dollars in 1975 $5,661.84 dollars in 2023
$5,000 dollars in 1975 $28,309.22 dollars in 2023
$10,000 dollars in 1975 $56,618.44 dollars in 2023
$50,000 dollars in 1975 $283,092.21 dollars in 2023
$100,000 dollars in 1975 $566,184.42 dollars in 2023
$500,000 dollars in 1975 $2,830,922.11 dollars in 2023
$1,000,000 dollars in 1975 $5,661,844.22 dollars in 2023
Cumulative inflation From 1975 487.03%
Avg. annual inflation From 1975 3.68%
CPI 1975 53.82
CPI today 315.92

Value of Dollar over time (by year)

Period Value
1975 100
1976 105.74
1977 112.62
1978 121.21
1979 134.86
1980 153.13
1981 168.95
1982 179.31
1983 185.07
1984 193.03
1985 199.88
1986 203.67
1987 211.13
1988 219.74
1989 230.35
1990 242.78
1991 253.07
1992 260.73
1993 268.43
1994 275.43
1995 283.15
1996 291.45
1997 298.27
1998 302.9
1999 309.52
2000 319.98
2001 329.02
2002 334.24
2003 341.82
2004 350.98
2005 362.88
2006 374.59
2007 385.28
2008 400.07
2009 398.64
2010 405.18
2011 417.97
2012 426.62
2013 432.87
2014 439.89
2015 440.42
2016 445.97
2017 455.47
2018 466.6
2019 475.05
2020 480.91
2021 503.51
2022 543.8
2023 566.18
2024-11 586.24
Today 587.03

All available years

Today's value of US dollars by year:

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