$1,539 in 1963 → $12,328.09 in 2017

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U.S. Inflation Rate, $1,539 in 1963 to 2017

According to the Bureau of Labor Statistics consumer price index, prices in 2017 are 701.05% higher than prices in 1963. The dollar experienced an average inflation rate of 3.93% per year during this period.

In other words, $1,539 in 1963 is equivalent in purchasing power to $12,328.09 in 2017, a difference of $10,789.09 over 54 years.

The 1963 inflation rate was 1.32%. The inflation rate in 2017 was 2.13%. The 2017 inflation rate is lower compared to the average inflation rate of 2.87% per year between 2017 and 2018.


Inflation from 1963 to 2017
Cumulative price change 701.05%
Average inflation rate 3.93%
Converted amount ($1,539 base) $12,328.09
Price difference ($1,539 base) $10,789.09
CPI in 1963 30.6
CPI in 2017 245.12
Inflation in 1963 1.32%
Inflation in 2017 2.13%


U.S. Inflation since 1913
Annual Rate, U.S. Bureau of Labor Statistics CPI

Buying power of $1,539 since 1963

This chart shows calculations of buying power equivalence over time for $1,539 in 1963 (price index tracking began in 1635).

According to the Bureau of Labor Statistics, each of these USD amounts below is equal in terms of what it could buy at the time:

Year USD Value Inflation Rate
1963 $1,539.00 1.32%
1964 $1,559.12 1.31%
1965 $1,584.26 1.61%
1966 $1,629.53 2.86%
1967 $1,679.82 3.09%
1968 $1,750.24 4.19%
1969 $1,845.79 5.46%
1970 $1,951.41 5.72%
1971 $2,036.91 4.38%
1972 $2,102.29 3.21%
1973 $2,233.06 6.22%
1974 $2,479.50 11.04%
1975 $2,705.82 9.13%
1976 $2,861.74 5.76%
1977 $3,047.82 6.50%
1978 $3,279.18 7.59%
1979 $3,651.35 11.35%
1980 $4,144.24 13.50%
1981 $4,571.74 10.32%
1982 $4,853.38 6.16%
1983 $5,009.29 3.21%
1984 $5,225.56 4.32%
1985 $5,411.65 3.56%
1986 $5,512.24 1.86%
1987 $5,713.41 3.65%
1988 $5,949.79 4.14%
1989 $6,236.47 4.82%
1990 $6,573.44 5.40%
1991 $6,850.06 4.21%
1992 $7,056.26 3.01%
1993 $7,267.50 2.99%
1994 $7,453.59 2.56%
1995 $7,664.82 2.83%
1996 $7,891.15 2.95%
1997 $8,072.21 2.29%
1998 $8,197.94 1.56%
1999 $8,379.00 2.21%
2000 $8,660.65 3.36%
2001 $8,907.09 2.85%
2002 $9,047.91 1.58%
2003 $9,254.12 2.28%
2004 $9,500.56 2.66%
2005 $9,822.44 3.39%
2006 $10,139.29 3.23%
2007 $10,428.08 2.85%
2008 $10,828.47 3.84%
2009 $10,789.95 -0.36%
2010 $10,966.93 1.64%
2011 $11,313.11 3.16%
2012 $11,547.23 2.07%
2013 $11,716.37 1.46%
2014 $11,906.43 1.62%
2015 $11,920.56 0.12%
2016 $12,070.94 1.26%
2017 $12,328.09 2.13%
2018 $12,681.46 2.87%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.

Inflation by City

Inflation can vary widely by city, even within the United States. Here's how some cities fared in 1963 to 2017 (figures shown are purchasing power equivalents of $1,539):

  • San Francisco, California: 4.20% average rate, $1,539 → $14,212.52, cumulative change of 823.49%
  • Seattle, Washington: 4.09% average rate, $1,539 → $13,380.85, cumulative change of 769.45%
  • New York: 4.04% average rate, $1,539 → $13,077.62, cumulative change of 749.75%
  • Boston, Massachusetts: 4.04% average rate, $1,539 → $13,072.12, cumulative change of 749.39%
  • Philadelphia, Pennsylvania: 3.88% average rate, $1,539 → $12,033.74, cumulative change of 681.92%
  • Atlanta, Georgia: 3.85% average rate, $1,539 → $11,840.46, cumulative change of 669.36%
  • Houston, Texas: 3.85% average rate, $1,539 → $11,821.31, cumulative change of 668.12%
  • Detroit, Michigan: 3.80% average rate, $1,539 → $11,546.50, cumulative change of 650.26%
  • Chicago, Illinois: 3.80% average rate, $1,539 → $11,544.91, cumulative change of 650.16%

San Francisco, California experienced the highest rate of inflation during the 54 years between 1963 and 2017 (4.20%).

Chicago, Illinois experienced the lowest rate of inflation during the 54 years between 1963 and 2017 (3.80%).


Inflation by Country

Inflation can also vary widely by country. For comparison, in the UK £1,539.00 in 1963 would be equivalent to £30,626.96 in 2017, an absolute change of £29,087.96 and a cumulative change of 1,890.06%.

In Canada, CA$1,539.00 in 1963 would be equivalent to CA$12,312.00 in 2017, an absolute change of CA$10,773.00 and a cumulative change of 700.00%.

Compare these numbers to the US's overall absolute change of $10,789.09 and total percent change of 701.05%.


Inflation by Spending Category

CPI is the weighted combination of many categories of spending that are tracked by the government. This chart shows the average rate of inflation for select CPI categories between 1963 and 2017.

Compare these values to the overall average of 3.93% per year:

Category Avg Inflation (%) Total Inflation (%) $1,539 in 1963 → 2017
Food 3.94 704.86 12,386.85
Shelter 4.61 1,042.36 17,580.85
Energy 4.16 804.54 13,920.95
Apparel 1.84 167.92 4,123.25
New vehicles 1.09 80.00 2,770.27
Used cars and trucks 0.63 40.13 2,156.55
Transportation services 3.34 489.57 9,073.43
Medical care services 6.03 2,258.07 36,290.74
Medical care commodities 4.35 895.56 15,321.74

It's important to note that not all categories may be tracked since 1963. This table and visualization use the earliest available data for each category.



How to Calculate Inflation Rate for $1,539, 1963 to 2017

This inflation calculator uses the following inflation rate formula:

CPI in 2017CPI in 1963
×
1963 USD value
=
2017 USD value

Then plug in historical CPI values. The U.S. CPI was 30.6 in the year 1963 and 245.12 in 2017:

245.1230.6
×
$1,539
=
$12,328.09

$1,539 in 1963 has the same "purchasing power" or "buying power" as $12,328.09 in 2017.

To get the total inflation rate for the 54 years between 1963 and 2017, we use the following formula:

CPI in 2017 - CPI in 1963CPI in 1963
×
100
=
Cumulative inflation rate (54 years)

Plugging in the values to this equation, we get:

245.12 - 30.630.6
×
100
=
701%

Alternate Measurements of Inflation

The above data describe the CPI for all items. Also of note is the Core CPI, which measures inflation for all items except for the more volatile categories of food and energy. Core inflation averaged 3.91% per year between 1963 and 2017 (vs all-CPI inflation of 3.93%), for an inflation total of 692.79%.

When using the core inflation measurement, $1,539 in 1963 is equivalent in buying power to $12,201.02 in 2017, a difference of $10,662.02. Recall that for All Items, the converted amount is $12,328.09 with a difference of $10,789.09.

In 1963, core inflation was 1.30%.


News headlines from 1963

Politics and news often influence economic performance. Here's what was happening at the time:

  • Iran is besieged and Ayatollah Khomeini is arrested.
  • President John F. Kennedy says segregation is morally wrong and appeals for action.
  • Sarawak is granted independence from British colonial rule.
  • The "I have a dream" speech is delivered by Martin Luther King Jr addressing civil rights march in Washington.
  • John F. Kennedy is assassinated by Lee Harvey Oswald in Dallas.

Data Source & Citation

Raw data for these calculations comes from 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.

You may use the following MLA citation for this page: “$1,539 in 1963 → 2017 | Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 24 Sep. 2018, https://www.officialdata.org/1963-dollars-in-2017?amount=1539.

in2013dollars.com is a reference website maintained by the Official Data Foundation.


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