According to the U.S. Bureau of Labor Statistics, prices in New York are 908.37% higher in 2024 versus 1965 (a $545,023,869,154,101.75 difference in value).
Between 1965 and 2024: New York experienced an average inflation rate of 3.99% per year. This rate of change indicates significant inflation. In other words, $60,000,000,000,000 in New York in the year 1965 would cost $605,023,869,154,101.75 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.95% during this same period, inflation in New York was higher.
In the year 1965: Pricing changed by 1.61%, which is below the average yearly change in New York during the 1965-2024 time period. Compared to inflation for all items in 1965 (1.59%), inflation in New York was higher.
Below are calculations of equivalent buying power in New York, over time, for $60,000,000,000,000 beginning in 1965. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1965 | $60,000,000,000,000.00 | 1.61% |
1966 | $62,024,022,489,138.77 | 3.37% |
1967 | $63,634,040,378,226.43 | 2.60% |
1968 | $66,378,737,541,528.23 | 4.31% |
1969 | $70,488,116,534,628.16 | 6.19% |
1970 | $75,716,841,298,236.64 | 7.42% |
1971 | $80,102,223,358,037.31 | 5.79% |
1972 | $83,628,929,210,324.55 | 4.40% |
1973 | $88,949,654,996,166.63 | 6.36% |
1974 | $98,517,761,308,458.98 | 10.76% |
1975 | $106,000,511,116,790.16 | 7.60% |
1976 | $112,225,913,621,262.44 | 5.87% |
1977 | $118,067,978,533,094.84 | 5.21% |
1978 | $124,845,387,170,968.58 | 5.74% |
1979 | $135,655,507,283,414.28 | 8.66% |
1980 | $150,973,677,485,305.38 | 11.29% |
1981 | $165,831,842,576,028.63 | 9.84% |
1982 | $175,415,282,392,026.56 | 5.78% |
1983 | $183,695,374,393,048.81 | 4.72% |
1984 | $192,895,476,616,406.84 | 5.01% |
1985 | $200,025,555,839,509.28 | 3.70% |
1986 | $206,588,295,425,504.72 | 3.28% |
1987 | $217,030,411,449,016.09 | 5.05% |
1988 | $227,579,861,998,466.63 | 4.86% |
1989 | $240,230,002,555,583.91 | 5.56% |
1990 | $254,919,499,105,545.59 | 6.11% |
1991 | $266,434,960,388,448.72 | 4.52% |
1992 | $276,049,067,211,857.91 | 3.61% |
1993 | $284,298,492,205,468.94 | 2.99% |
1994 | $291,060,567,339,637.13 | 2.38% |
1995 | $298,374,648,607,206.75 | 2.51% |
1996 | $307,145,412,726,808.00 | 2.94% |
1997 | $314,306,158,957,321.81 | 2.33% |
1998 | $319,442,882,698,696.63 | 1.63% |
1999 | $325,652,951,699,463.25 | 1.94% |
2000 | $335,773,064,145,157.19 | 3.11% |
2001 | $344,329,159,212,880.06 | 2.55% |
2002 | $353,099,923,332,481.44 | 2.55% |
2003 | $363,940,710,452,338.38 | 3.07% |
2004 | $376,774,853,053,922.81 | 3.53% |
2005 | $391,387,682,085,356.50 | 3.88% |
2006 | $406,169,179,657,551.75 | 3.78% |
2007 | $417,574,393,048,811.63 | 2.81% |
2008 | $433,844,467,160,746.25 | 3.90% |
2009 | $435,762,075,134,168.06 | 0.44% |
2010 | $443,194,991,055,456.06 | 1.71% |
2011 | $455,805,417,837,975.94 | 2.85% |
2012 | $464,767,697,418,860.19 | 1.97% |
2013 | $472,578,124,201,380.00 | 1.68% |
2014 | $478,827,753,641,707.13 | 1.32% |
2015 | $479,432,353,692,818.75 | 0.13% |
2016 | $484,596,831,075,900.81 | 1.08% |
2017 | $494,083,056,478,405.25 | 1.96% |
2018 | $503,504,114,490,161.06 | 1.91% |
2019 | $511,827,753,641,707.06 | 1.65% |
2020 | $520,577,817,531,305.94 | 1.71% |
2021 | $537,842,729,363,659.50 | 3.32% |
2022 | $570,666,394,071,045.25 | 6.10% |
2023 | $592,482,749,808,331.13 | 3.82% |
2024 | $605,023,869,154,101.75 | 2.12%* |
* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for New York:
Year | 1914 | 1915 | 1916 | 1917 | 1918 | 1919 | 1920 | 1921 | 1922 | 1923 | 1924 | 1925 | 1926 | 1927 | 1928 | 1929 | 1930 | 1931 | 1932 | 1933 | 1934 | 1935 | 1936 | 1937 | 1938 | 1939 | 1940 | 1941 | 1942 | 1943 | 1944 | 1945 | 1946 | 1947 | 1948 | 1949 | 1950 | 1951 | 1952 | 1953 | 1954 | 1955 | 1956 | 1957 | 1958 | 1959 | 1960 | 1961 | 1962 | 1963 | 1964 | 1965 | 1966 | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
CPI | 9.900 | 9.917 | 10.200 | 11.508 | 14.050 | 17.158 | 20.117 | 18.408 | 17.283 | 17.458 | 17.492 | 17.767 | 18.267 | 18.050 | 17.875 | 17.808 | 17.575 | 16.367 | 14.950 | 13.933 | 14.192 | 14.375 | 14.550 | 14.867 | 14.617 | 14.550 | 14.700 | 15.250 | 16.717 | 17.967 | 18.400 | 18.825 | 20.683 | 23.167 | 24.742 | 24.467 | 24.608 | 26.442 | 26.900 | 27.042 | 27.208 | 27.083 | 27.483 | 28.358 | 29.208 | 29.650 | 30.192 | 30.458 | 30.925 | 31.600 | 32.092 | 32.608 | 33.708 | 34.583 | 36.075 | 38.308 | 41.150 | 43.533 | 45.450 | 48.342 | 53.542 | 57.608 | 60.992 | 64.167 | 67.850 | 73.725 | 82.050 | 90.125 | 95.333 | 99.833 | 104.833 | 108.708 | 112.275 | 117.950 | 123.683 | 130.558 | 138.542 | 144.800 | 150.025 | 154.508 | 158.183 | 162.158 | 166.925 | 170.817 | 173.608 | 176.983 | 182.483 | 187.133 | 191.900 | 197.792 | 204.767 | 212.708 | 220.742 | 226.940 | 235.782 | 236.825 | 240.864 | 247.718 | 252.588 | 256.833 | 260.230 | 260.558 | 263.365 | 268.520 | 273.641 | 278.164 | 282.920 | 292.303 | 310.141 | 321.998 | 328.814 |