$100 in 1975 is equivalent in purchasing power to about $90.36 in 1974. The dollar had an average inflation rate of 10.67% per year between 1974 and 1975, producing a cumulative price increase of -9.64%.
This means that prices in 1974 are 9.64% lower than average prices since 1975, according to Statistics Canada consumer price index.
The inflation rate in 1974 was 11.00%. The inflation rate in 1975 was 10.67%. The 1975 inflation rate is higher compared to the average inflation rate of 3.53% per year between 1975 and 2024.
Average inflation rate | 10.67% |
Converted amount $100 base | $90.36 |
Price difference $100 base | $-9.64 |
CPI in 1975 | 28.950 |
CPI in 1974 | 26.158 |
Inflation in 1974 | 11.00% |
Inflation in 1975 | 10.67% |
$100 in 1975 | $90.36 in 1974 |
Our calculations use the following inflation rate formula to calculate the change in value between 1974 and 1975:
Then plug in historical CPI values. The Canadian CPI was 28.95 in the year 1975 and 26.15833333 in 1974:
$100 in 1975 has the same "purchasing power" or "buying power" as $90.36 in 1974.
To get the total inflation rate for the 1 years between 1974 and 1975, we use the following formula:
Plugging in the values to this equation, we get:
Raw data for these calculations comes from the government of Canada's annual Consumer Price Index (CPI), established in 1914 and computed by Statistics Canada (StatCan).
You may use the following MLA citation for this page: “$100 in 1975 → 1974 | Canada Inflation Calculator.” Official Inflation Data, Alioth Finance, 29 Mar. 2024, https://www.officialdata.org/1975-CAD-in-1974?amount=100.
Special thanks to QuickChart for their chart image API, which is used for chart downloads.
in2013dollars.com is a reference website maintained by the Official Data Foundation.
Average inflation rate | 10.67% |
Converted amount $100 base | $90.36 |
Price difference $100 base | $-9.64 |
CPI in 1975 | 28.950 |
CPI in 1974 | 26.158 |
Inflation in 1974 | 11.00% |
Inflation in 1975 | 10.67% |
$100 in 1975 | $90.36 in 1974 |