$47,707,045 in 1986 → $109,882,470.19 in 2018

Inflation Calculator

$

U.S. Inflation Rate, $47,707,045 in 1986 to 2018

According to the Bureau of Labor Statistics consumer price index, prices in 2018 are 130.33% higher than prices in 1986. The dollar experienced an average inflation rate of 2.28% per year during this period.

In other words, $47,707,045 in 1986 is equivalent in purchasing power to $109,882,470.19 in 2018, a difference of $62,175,425.19 over 32 years.

The 1986 inflation rate was 1.86%. The current inflation rate (2017 to 2018) is now 2.28%1. If this number holds, $47,707,045 today will be equivalent to $48,793,321.15 next year. The current inflation rate page gives more detail on the latest official inflation rates.


Inflation from 1986 to 2018
Cumulative price change 130.33%
Average inflation rate 2.28%
Converted amount ($47,707,045 base) $109,882,470.19
Price difference ($47,707,045 base) $62,175,425.19
CPI in 1986 109.600
CPI in 2018 252.439
Inflation in 1986 1.86%
Inflation in 2018 2.28%


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

Buying power of $47,707,045 since 1986

This chart shows calculations of buying power equivalence over time for $47,707,045 in 1986 (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
1986 $47,707,045.00 1.86%
1987 $49,448,178.03 3.65%
1988 $51,494,009.34 4.14%
1989 $53,975,123.91 4.82%
1990 $56,891,521.73 5.40%
1991 $59,285,579.64 4.21%
1992 $61,070,241.00 3.01%
1993 $62,898,430.68 2.99%
1994 $64,508,978.73 2.56%
1995 $66,337,168.41 2.83%
1996 $68,295,943.07 2.95%
1997 $69,862,962.80 2.29%
1998 $70,951,170.94 1.56%
1999 $72,518,190.67 2.21%
2000 $74,955,776.91 3.36%
2001 $77,088,664.87 2.85%
2002 $78,307,457.99 1.58%
2003 $80,092,119.34 2.28%
2004 $82,225,007.30 2.66%
2005 $85,010,820.15 3.39%
2006 $87,753,104.67 3.23%
2007 $90,252,501.13 2.85%
2008 $93,717,791.15 3.84%
2009 $93,384,364.17 -0.36%
2010 $94,916,125.95 1.64%
2011 $97,912,180.61 3.16%
2012 $99,938,424.18 2.07%
2013 $101,402,281.77 1.46%
2014 $103,047,217.20 1.62%
2015 $103,169,531.80 0.12%
2016 $104,471,028.73 1.26%
2017 $106,696,632.03 2.13%
2018 $109,882,470.19 2.99%*
* 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 1986 to 2018 (figures shown are purchasing power equivalents of $47,707,045):

  • San Diego, California: 3.40% average rate, $47,707,045 → $134,309,471.18, cumulative change of 181.53%
  • San Francisco, California: 2.96% average rate, $47,707,045 → $121,155,974.79, cumulative change of 153.96%
  • Seattle, Washington: 2.94% average rate, $47,707,045 → $120,690,047.18, cumulative change of 152.98%
  • Miami-Fort Lauderdale, Florida: 2.84% average rate, $47,707,045 → $116,888,045.83, cumulative change of 145.01%
  • Boston, Massachusetts: 2.84% average rate, $47,707,045 → $116,877,674.85, cumulative change of 144.99%
  • New York: 2.82% average rate, $47,707,045 → $116,155,530.13, cumulative change of 143.48%
  • Denver, Colorado: 2.81% average rate, $47,707,045 → $112,743,817.79, cumulative change of 136.33%
  • Minneapolis-St Paul, Minnesota: 2.59% average rate, $47,707,045 → $105,289,536.34, cumulative change of 120.70%
  • Philadelphia, Pennsylvania: 2.57% average rate, $47,707,045 → $107,496,427.01, cumulative change of 125.33%
  • Houston, Texas: 2.45% average rate, $47,707,045 → $103,361,663.90, cumulative change of 116.66%
  • Chicago, Illinois: 2.44% average rate, $47,707,045 → $103,128,494.53, cumulative change of 116.17%
  • Detroit, Michigan: 2.41% average rate, $47,707,045 → $102,087,204.66, cumulative change of 113.99%
  • Atlanta, Georgia: 2.38% average rate, $47,707,045 → $101,347,886.51, cumulative change of 112.44%
  • Dallas-Fort Worth, Texas: 2.36% average rate, $47,707,045 → $100,715,065.67, cumulative change of 111.11%
  • St Louis, Missouri: 2.35% average rate, $47,707,045 → $100,224,751.62, cumulative change of 110.08%

San Diego, California experienced the highest rate of inflation during the 32 years between 1986 and 2018 (3.40%).

St Louis, Missouri experienced the lowest rate of inflation during the 32 years between 1986 and 2018 (2.35%).

Note that some locations showing 0% inflation may have not yet reported latest data.


Inflation by Country

Inflation can also vary widely by country. For comparison, in the UK £47,707,045.00 in 1986 would be equivalent to £135,774,306.94 in 2018, an absolute change of £88,067,261.94 and a cumulative change of 184.60%.

In Canada, CA$47,707,045.00 in 1986 would be equivalent to CA$95,199,836.80 in 2018, an absolute change of CA$47,492,791.80 and a cumulative change of 99.55%.

Compare these numbers to the US's overall absolute change of $62,175,425.19 and total percent change of 130.33%.


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 1986 and 2018.

Compare these values to the overall average of 2.28% per year:

Category Avg Inflation (%) Total Inflation (%) $47,707,045 in 1986 → 2018
Food 2.67 132.40 110,872,790.17
Shelter 3.09 164.67 126,267,543.12
Energy 2.89 148.87 118,726,521.17
Apparel 0.54 18.89 56,717,844.45
New vehicles 0.88 32.54 63,229,088.53
Used cars and trucks 0.76 27.33 60,743,170.44
Transportation services 3.22 175.82 131,585,710.99
Medical care services 4.62 323.91 202,235,974.28
Medical care commodities 3.61 211.05 148,394,175.77

It's important to note that not all categories may be tracked since 1986. This table and visualization use the earliest available data for each category.



How to Calculate Inflation Rate for $47,707,045 since 1986

This inflation calculator uses the following inflation rate formula:

CPI in 2018CPI in 1986
×
1986 USD value
=
2018 USD value

Then plug in historical CPI values. The U.S. CPI was 109.6 in the year 1986 and 252.439 in 2018:

252.439109.6
×
$47,707,045
=
$109,882,470.19

$47,707,045 in 1986 has the same "purchasing power" or "buying power" as $109,882,470.19 in 2018.

To get the total inflation rate for the 32 years between 1986 and 2018, we use the following formula:

CPI in 2018 - CPI in 1986CPI in 1986
×
100
=
Cumulative inflation rate (32 years)

Plugging in the values to this equation, we get:

252.439 - 109.6109.6
×
100
=
130%

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 2.58% per year between 1986 and 2018 (vs all-CPI inflation of 2.28%), for an inflation total of 125.96%.

When using the core inflation measurement, $47,707,045 in 1986 is equivalent in buying power to $107,797,713.07 in 2018, a difference of $60,090,668.07. Recall that for All Items, the converted amount is $109,882,470.19 with a difference of $62,175,425.19.

In 1986, core inflation was 4.05%.


Comparison to S&P 500 Index

The average inflation rate of 2.28% has a compounding effect between 1986 and 2018. As noted above, this yearly inflation rate compounds to produce an overall price difference of 130.33% over 32 years.

To help put this inflation into perspective, if we had invested $47,707,045 in the S&P 500 index in 1986, our investment would be nominally worth approximately $1,286,413,865.79 in 2018. This is a return on investment of 2,596.49%, with an absolute return of $1,238,706,820.79.

These numbers are not inflation adjusted, so they are considered nominal. In order to evaluate the real return on our investment, we must calculate the return with inflation taken into account.

The compounding effect of inflation would account for 56.58% of returns ($700,904,549.51) during this period. This means the inflation-adjusted real return of our $47,707,045 investment is $537,802,271.28.

Investment in S&P 500 Index, 1986-2018
Original Amount Final Amount Change
Nominal $47,707,045 $1,286,413,865.79 2,596.49%
Real
Inflation Adjusted
$47,707,045 $537,802,271.28 1,127.30%


News headlines from 1986

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

  • Ferdinand Marcos becomes president of the Philippines after rigged elections.
  • 6.5 million People hold hands across the US in an event referred to as Hands Across America.
  • Doctors announce that the drug AZT will be available to AIDS patients.
  • Talks between Ronald Reagan and Mikhail Gorbachev begin at the Reykjavik summit.
  • Mrs. Davina Thompson receives the first heart, lung and liver transplant in Cambridge, England.

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: “$47,707,045 in 1986 → 2018 | Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 13 Nov. 2018, https://www.officialdata.org/1986-dollars-in-2018?amount=47707045.

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


© 2018 Official Data Foundation / Alioth LLC. Contact