According to the Bureau of Labor Statistics consumer price index, the dollar experienced an average inflation rate of 2.60% per year. Prices in 2017 are 127.5% higher than prices in 1985.
In other words, $13.82 in the year 1985 is equivalent in purchasing power to $31.44 in 2017, a difference of $17.62 over 32 years.
The inflation rate in 2017 was 1.99%.
|Cumulative price change||127.50%|
|Average inflation rate||2.60%|
|Price difference ($13.82 base)||$17.62|
|CPI in 1985||107.6|
|CPI in 2017||244.786|
Politics and news often influence economic performance. Here's what was happening at the time:
Raw data for these calculations comes from 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.
You may use the following MLA citation for this page: “$13.82 in 1985 → 2017 | Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 23 Jan. 2018, http://www.in2013dollars.com/1985-dollars-in-2017?amount=13.82.