$65,000 in 1904 → $1,718,984.24 in 2017

Inflation Calculator

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U.S. Inflation Rate, 1904-2017 ($65,000)

According to the Bureau of Labor Statistics, the dollar experienced an average inflation rate of 2.94% per year. Prices in 2017 are 2544.6% higher than prices in 1904.

In other words, $65,000 in the year 1904 is equivalent to $1,718,984.24 in 2017, a difference of $1,653,984.24 over 113 years.

The current inflation rate in 2017 is 1.99%1. If this number holds, $65,000 today will be equivalent to $66,294.27 next year.


U.S. inflation chart since 1665


Inflation rates for specific categories

Frankfurters · Gasoline (all types) · Rent of primary residence · More

Inflation-adjusted measures

S&P 500 price · S&P 500 earnings · Shiller P/E

News headlines from 1904

Politics and news often play an important role in economic performance.

  • Japanese troops land at Chemulpo in Korea in order to advance toward the border of Manchuria.
  • US gains control of the Panama Canal Zone for a total of $10 million.
  • The St Louis Police force use fingerprints as an investigative method for the first time.

Inflation Data Source: The Bureau of Labor Statistics' (CPI), established in 1913. Inflation data from 1665 to 1912 is sourced from a historical study conducted by political science professor Robert Sahr at Oregon State University.


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