# The Inflation Calculator Will Make You Wish You Could Go Back in Time

By | May 2, 2022

The Inflation Calculator Will Make You Wish You Could Go Back in Time

Inflation, inflation, inflation. It’s all over the news these days. Heck, you don’t need any news bobbleheads to tell you that prices are soaring. Have you filled up your tank lately? How about eggs? Bought any eggs recently. Heck a month ago around my neck of the woods, eggs were seventy-nine cents a dozen. Granted they weren’t the free-range ultra-organic eggs, but eggs nonetheless. Today a dozen eggs cost \$2.79.

Have you ever wondered what inflation has done to our dollar?

There’s a site where you can see how much \$100 in today’s money would be worth, let’s say, in the 1960’s money. If you’re curious, \$100 in 2022 money would have purchased about \$10.55 worth of goods/services in 1960. According to the Inflation Calculator…

Adjusted for inflation, \$100.00 in 2022 is equal to \$10.55 in 1960.
Annual inflation over this period was 3.69%.

A house that cost  \$45,000 in 1965 would cost \$402,118 in 2022.

The Inflation Calculator says…

\$402,118
Adjusted for inflation, \$45,000 in 1965 is equal to \$402,118 in 2022.
Annual inflation over this period was 3.92%.
Darcy pays me about \$50  a week. That would be a living wage if we were living in 1954.
\$518.22
Adjusted for inflation, \$50.00 in 1954 is equal to \$518.22 in 2022.
Annual inflation over this period was 3.50%.

Heck, I could make more being a greeter at Walmart! Shame on you, Darcy. How do you sleep?

Anyway, let’s say you’re getting Social Security and you’re making \$1800 a month in 2022… imagine if you could go back in time to 1960, you’d be making \$17,070 a month. That’s about \$4,064 a week or \$204,840.00 a year.  What a retirement you’d have.

\$17,070
Adjusted for inflation, \$1,800 in 1960 is equal to \$17,070 in 2022.
Annual inflation over this period was 3.69%.

The folks at Dollar Times, who created the Inflation Calculator, want you to know…

A dollar just ain’t what it used to be. Our inflation calculator will tell you the relative buying power of a dollar in the United States between any two years from 1914–2022. It will also calculate the rate of inflation during the time period you choose.

We determine the value of a dollar using the Consumer Price Index from December of the previous year. All calculations are approximate.

Fun fact: In 2021, inflation surged to over 7%, the highest rate since 1982.

It’s time to see how much inflation has affected you over your lifetime. One thing we know for sure — you’ll find the Inflation Calculator interesting, if not useful.

Check out the Inflation Calculator here

Not Living in the USA? No worries!

If you’re living in someplace other than the USA,  do not fret. Do you know how easy it is to convert U.S. dollars to your brand of money? If you use Google as your default search engine, just type the following into your browser’s address bar.

Great Britain
100 GBP USD

Australia
100 AUD USD

New Zealand
100 NZD USD