According to the Bureau of Labor Statistics, the dollar experienced an average inflation rate of 4.26% per year. Prices in 2013 are 639.5% higher than prices in 1965.
In other words, $750,000 in the year 1965 is equivalent to $5,546,595.24 in 2013, a difference of $4,796,595.24 over 48 years.
The inflation rate in 2013 was 1.46%.
|Cumulative price change||639.55%|
|Average inflation rate||4.26%|
|Price difference ($750,000 base)||$4,796,595.24|
|CPI in 1965||31.5|
|CPI in 2013||232.957|
Politics and news often play an important role in economic performance.
Inflation Data Source: The Bureau of Labor Statistics' Consumer Price Index (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.