$6,000,000 in 1976 → $25,308,295.25 in 2016

U.S. Inflation Rate, 1976-2016 ($6,000,000)

According to the Bureau of Labor Statistics, the dollar experienced an average inflation rate of 3.66% per year. Prices in 2016 are 321.8% higher than prices in 1976.

In other words, $6,000,000 in the year 1976 is equivalent to $25,308,295.25 in 2016, a difference of $19,308,295.25 over 40 years.

The inflation rate in 2016 was 1.26%.

Inflation from 1976 to 2016
Cumulative price change 321.80%
Average inflation rate 3.66%
Price difference ($6,000,000 base) $19,308,295.25
CPI in 1976 56.9
CPI in 2016 240.007


U.S. inflation from 1913 to 2017


Inflation rates for specific categories

Dental services · Rent of primary residence · Televisions · More

Inflation-adjusted measures

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

How to calculate the inflation rate for $6,000,000, 1976 to 2016

Start with the inflation rate formula:

CPI in 2016 / CPI in 1976 * 1976 USD value = 2016 USD value

Then plug in historical CPI values. The U.S. CPI was 56.9 in the year 1976 and 240.007 in 2016:

240.007 / 56.9 * $6,000,000 = $25,308,295.25

$6,000,000 in 1976 has the same "purchasing power" as $25,308,295.25 in 2016.


News headlines from 1976

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

  • Steve Jobs and Stebe Wozniak invent the Apple Computer in Job's parents' garage.
  • The US Viking 1 lands on Mars, becoming the first man-built object on the Red Planet.
  • Osvaldo Dorticos Torrado is replaced as Cuban President by Fidel Castro.

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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