Value of $1 from 1965 to 1985
$1 in 1965 is equivalent in purchasing power to about $3.74 in 1985, an increase of $2.74 over 20 years. The dollar had an average inflation rate of 6.82% per year between 1965 and 1985, producing a cumulative price increase of 274.48%.
This means that prices in 1985 are 3.74 times as high as average prices since 1965, according to Statistics Canada consumer price index.
The inflation rate in 1965 was 2.33%. The inflation rate in 1985 was 3.96%. The 1985 inflation rate is higher compared to the average inflation rate of 2.40% per year between 1985 and 2024.
⌃
| Cumulative price change | 274.48% |
| Average inflation rate | 6.82% |
| Converted amount $1 base | $3.74 |
| Price difference $1 base | $2.74 |
| CPI in 1965 | 16.817 |
| CPI in 1985 | 62.975 |
| Inflation in 1965 | 2.33% |
| Inflation in 1985 | 3.96% |
| $1 in 1965 | $3.74 in 1985 |
Buying power of $1 in 1965
This chart shows a calculation of buying power equivalence for $1 in 1965 (price index tracking began in 1914).
For example, if you started with $1, you would need to end with $3.74 in order to "adjust" for inflation (sometimes refered to as "beating inflation").
When $1 is equivalent to $3.74 over time, that means that the "real value" of a single Canadian dollar decreases over time. In other words, a dollar will pay for fewer items at the store.
This effect explains how inflation erodes the value of a dollar over time. By calculating the value in 1965 dollars, the chart below shows how $1 is worth less over 20 years.
According to Statistics Canada, each of these CAD amounts below is equal in terms of what it could buy at the time:
This conversion table shows various other 1965 amounts in 1985 dollars, based on the 274.48% change in prices:
| Initial value | Equivalent value |
|---|---|
| $1 dollar in 1965 | $3.74 dollars in 1985 |
| $5 dollars in 1965 | $18.72 dollars in 1985 |
| $10 dollars in 1965 | $37.45 dollars in 1985 |
| $50 dollars in 1965 | $187.24 dollars in 1985 |
| $100 dollars in 1965 | $374.48 dollars in 1985 |
| $500 dollars in 1965 | $1,872.40 dollars in 1985 |
| $1,000 dollars in 1965 | $3,744.80 dollars in 1985 |
| $5,000 dollars in 1965 | $18,723.98 dollars in 1985 |
| $10,000 dollars in 1965 | $37,447.97 dollars in 1985 |
| $50,000 dollars in 1965 | $187,239.84 dollars in 1985 |
| $100,000 dollars in 1965 | $374,479.68 dollars in 1985 |
| $500,000 dollars in 1965 | $1,872,398.41 dollars in 1985 |
| $1,000,000 dollars in 1965 | $3,744,796.83 dollars in 1985 |
How to calculate inflation rate for $1, 1965 to 1985
Our calculations use the following inflation rate formula to calculate the change in value between 1965 and 1985:
CPI in 1985 CPI in 1965
×
1965 CAD value
=
1985 CAD value
Then plug in historical CPI values. The Canadian CPI was 16.81666667 in the year 1965 and 62.975 in 1985:
62.97516.81666667
×
$1
=
$3.74
$1 in 1965 has the same "purchasing power" or "buying power" as $3.74 in 1985.
To get the total inflation rate for the 20 years between 1965 and 1985, we use the following formula:
CPI in 1985 - CPI in 1965CPI in 1965
×
100
=
Cumulative inflation rate (20 years)
Plugging in the values to this equation, we get:
62.975 - 16.8166666716.81666667
×
100
=
274%
Data source & citation
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: “$1 in 1965 → 1985 | Canada Inflation Calculator.” Official Inflation Data, Alioth Finance, 31 Oct. 2024, https://www.officialdata.org/canada/inflation/1965?amount=1&endYear=1985.
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.
| Cumulative price change | 274.48% |
| Average inflation rate | 6.82% |
| Converted amount $1 base | $3.74 |
| Price difference $1 base | $2.74 |
| CPI in 1965 | 16.817 |
| CPI in 1985 | 62.975 |
| Inflation in 1965 | 2.33% |
| Inflation in 1985 | 3.96% |
| $1 in 1965 | $3.74 in 1985 |