The consumer price index (CPI) in 1981 was 90.9. the Bureau of Labor Statistics uses this CPI value to track inflation on a monthly basis.
According to the Bureau of Labor Statistics, the dollar experienced an average inflation rate of 2.79% per year. Prices in 2017 are 169.0% higher than prices in 1981.
In other words, $1 in the year 1981 is equivalent to $2.69 in 2017, a difference of $1.69 over 36 years.
|Cumulative price change||169.00%|
|Average inflation rate||2.79%|
|Price difference ($1 base)||$1.69|
|CPI in 1981||90.9|
|CPI in 2017||244.786|
Politics and news often play an important role in economic performance.
Inflation Data Source: 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.