# \$500 in 1969 is worth \$3,667.51 today

\$

## Value of \$500 from 1969 to 2021

\$500 in 1969 is equivalent in purchasing power to about \$3,667.51 today, an increase of \$3,167.51 over 52 years. The dollar had an average inflation rate of 3.91% per year between 1969 and today, producing a cumulative price increase of 633.50%.

This means that today's prices are 7.34 times higher than average prices since 1969, according to the Bureau of Labor Statistics consumer price index. A dollar today only buys 13.63% of what it could buy back then.

The 1969 inflation rate was 5.46%. The current year-over-year inflation rate (2020 to 2021) is now 4.99%1. If this number holds, \$500 today will be equivalent in buying power to \$524.96 next year. The current inflation rate page gives more detail on the latest inflation rates.

 Cumulative price change 633.50% Average inflation rate 3.91% Converted amount (\$500 base) \$3,667.51 Price difference (\$500 base) \$3,167.51 CPI in 1969 36.700 CPI in 2021 269.195 Inflation in 1969 5.46% Inflation in 2021 4.99% \$500 in 1969 \$3,667.51 in 2021

USD Inflation since 1913
Annual Rate, the Bureau of Labor Statistics CPI

## Buying power of \$500 in 1969

This chart shows a calculation of buying power equivalence for \$500 in 1969 (price index tracking began in 1635).

For example, if you started with \$500, you would need to end with \$3,667.51 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When \$500 is equivalent to \$3,667.51 over time, that means that the "real value" of a single U.S. 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 1969 dollars, the chart below shows how \$500 is worth less over 52 years.

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:

Dollar inflation: 1969-2021
Year Dollar Value Inflation Rate
1969 \$500.00 5.46%
1970 \$528.61 5.72%
1971 \$551.77 4.38%
1972 \$569.48 3.21%
1973 \$604.90 6.22%
1974 \$671.66 11.04%
1975 \$732.97 9.13%
1976 \$775.20 5.76%
1977 \$825.61 6.50%
1978 \$888.28 7.59%
1979 \$989.10 11.35%
1980 \$1,122.62 13.50%
1981 \$1,238.42 10.32%
1982 \$1,314.71 6.16%
1983 \$1,356.95 3.21%
1984 \$1,415.53 4.32%
1985 \$1,465.94 3.56%
1986 \$1,493.19 1.86%
1987 \$1,547.68 3.65%
1988 \$1,611.72 4.14%
1989 \$1,689.37 4.82%
1990 \$1,780.65 5.40%
1991 \$1,855.59 4.21%
1992 \$1,911.44 3.01%
1993 \$1,968.66 2.99%
1994 \$2,019.07 2.56%
1995 \$2,076.29 2.83%
1996 \$2,137.60 2.95%
1997 \$2,186.65 2.29%
1998 \$2,220.71 1.56%
1999 \$2,269.75 2.21%
2000 \$2,346.05 3.36%
2001 \$2,412.81 2.85%
2002 \$2,450.95 1.58%
2003 \$2,506.81 2.28%
2004 \$2,573.57 2.66%
2005 \$2,660.76 3.39%
2006 \$2,746.59 3.23%
2007 \$2,824.82 2.85%
2008 \$2,933.28 3.84%
2009 \$2,922.85 -0.36%
2010 \$2,970.79 1.64%
2011 \$3,064.56 3.16%
2012 \$3,127.98 2.07%
2013 \$3,173.80 1.46%
2014 \$3,225.29 1.62%
2015 \$3,229.11 0.12%
2016 \$3,269.85 1.26%
2017 \$3,339.51 2.13%
2018 \$3,422.75 2.49%
2019 \$3,483.07 1.76%
2020 \$3,526.04 1.23%
2021 \$3,667.51 4.01%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.
Click to show 46 more rows

This conversion table shows various other 1969 amounts in today's dollars, based on the 633.50% change in prices:

Conversion: 1969 dollars today
Initial value Equivalent value
\$1 dollar in 1969 \$7.34 dollars today
\$5 dollars in 1969 \$36.68 dollars today
\$10 dollars in 1969 \$73.35 dollars today
\$50 dollars in 1969 \$366.75 dollars today
\$100 dollars in 1969 \$733.50 dollars today
\$500 dollars in 1969 \$3,667.51 dollars today
\$1,000 dollars in 1969 \$7,335.01 dollars today
\$5,000 dollars in 1969 \$36,675.07 dollars today
\$10,000 dollars in 1969 \$73,350.14 dollars today
\$50,000 dollars in 1969 \$366,750.68 dollars today
\$100,000 dollars in 1969 \$733,501.36 dollars today
\$500,000 dollars in 1969 \$3,667,506.81 dollars today
\$1,000,000 dollars in 1969 \$7,335,013.62 dollars today

## Inflation by City

Inflation can vary widely by city, even within the United States. Here's how some cities fared in 1969 to 2021 (figures shown are purchasing power equivalents of \$500):

San Francisco, California experienced the highest rate of inflation during the 52 years between 1969 and 2021 (4.22%).

Detroit, Michigan experienced the lowest rate of inflation during the 52 years between 1969 and 2021 (3.66%).

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 £500.00 in 1969 would be equivalent to £8,442.15 in 2021, an absolute change of £7,942.15 and a cumulative change of 1,588.43%.

In Canada, CA\$500.00 in 1969 would be equivalent to CA\$3,417.91 in 2021, an absolute change of CA\$2,917.91 and a cumulative change of 583.58%.

Compare these numbers to the US's overall absolute change of \$3,167.51 and total percent change of 633.50%.

## Inflation by Spending Category

CPI is the weighted combination of many categories of spending that are tracked by the government. Breaking down these categories helps explain the main drivers behind price changes. This chart shows the average rate of inflation for select CPI categories between 1969 and 2021.

Compare these values to the overall average of 3.91% per year:

Category Avg Inflation (%) Total Inflation (%) \$500 in 1969 → 2021
Food and beverages 3.85 613.52 3,567.58
Housing 4.11 712.59 4,062.96
Apparel 1.45 111.20 1,056.01
Transportation 3.53 507.20 3,035.99
Medical care 5.53 1,541.18 8,205.90
Recreation 1.11 77.55 887.74
Education and communication 1.85 159.57 1,297.84
Other goods and services 4.92 1,118.16 6,090.82

The graph below compares inflation in categories of goods over time. Click on a category such as "Food" to toggle it on or off:

For all these visualizations, it's important to note that not all categories may have been tracked since 1969. This table and charts use the earliest available data for each category.

## How to Calculate Inflation Rate for \$500 since 1969

Our calculations use the following inflation rate formula to calculate the change in value between 1969 and today:

CPI today CPI in 1969
×
1969 USD value
=
Today's value

Then plug in historical CPI values. The U.S. CPI was 36.7 in the year 1969 and 269.195 in 2021:

269.19536.7
×
\$500
=
\$3,667.51

\$500 in 1969 has the same "purchasing power" or "buying power" as \$3,667.51 in 2021.

To get the total inflation rate for the 52 years between 1969 and 2021, we use the following formula:

CPI in 2021 - CPI in 1969CPI in 1969
×
100
=
Cumulative inflation rate (52 years)

Plugging in the values to this equation, we get:

269.195 - 36.736.7
×
100
=
634%

## 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 3.84% per year between 1969 and 2021 (vs all-CPI inflation of 3.91%), for an inflation total of 608.96%.

When using the core inflation measurement, \$500 in 1969 is equivalent in buying power to \$3,544.81 in 2021, a difference of \$3,044.81. Recall that for All Items, the converted amount is \$3,667.51 with a difference of \$3,167.51.

In 1969, core inflation was 5.80%.

## Comparison to S&P 500 Index

The average inflation rate of 3.91% has a compounding effect between 1969 and 2021. As noted above, this yearly inflation rate compounds to produce an overall price difference of 633.50% over 52 years.

To help put this inflation into perspective, if we had invested \$500 in the S&P 500 index in 1969, our investment would be nominally worth approximately \$81,899.56 in 2021. This is a return on investment of 16,279.91%, with an absolute return of \$81,399.56 on top of the original \$500.

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 86.37% of returns (\$70,734.00) during this period. This means the inflation-adjusted real return of our \$500 investment is \$10,665.56. You may also want to account for capital gains tax, which would take your real return down to around \$9,066 for most people.

Investment in S&P 500 Index, 1969-2021
Original Amount Final Amount Change
Nominal \$500 \$81,899.56 16,279.91%
Real
Inflation Adjusted
\$500 \$11,165.56 2,133.11%

Information displayed above may differ slightly from other S&P 500 calculators. Minor discrepancies can occur because we use the latest CPI data for inflation, annualized inflation numbers for previous years, and we compute S&P price and dividends from January of 1969 to latest available data for 2021 using average monthly close price.

For more details on the S&P 500 between 1969 and 2021, see the stock market returns calculator.

## News headlines from 1969

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

• Golda Meir becomes first female Prime Minister of Israel.
• Colonel Muammar Gaddafi deposes King Idris during the Libyan revolution.
• Millions protest against the war on Vietnam Moratorium Day.

## 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: “\$500 in 1969 → 2021 | Inflation Calculator.” Official Inflation Data, Alioth Finance, 23 Jun. 2021, https://www.officialdata.org/1969-dollars-in-2021?amount=500.

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.

#### About the author

Ian Webster is an engineer and data expert based in San Mateo, California. He has worked for Google, NASA, and consulted for governments around the world on data pipelines and data analysis. Disappointed by the lack of clear resources on the impacts of inflation on economic indicators, Ian believes this website serves as a valuable public tool. Ian earned his degree in Computer Science from Dartmouth College.

 Cumulative price change 633.50% Average inflation rate 3.91% Converted amount (\$500 base) \$3,667.51 Price difference (\$500 base) \$3,167.51 CPI in 1969 36.700 CPI in 2021 269.195 Inflation in 1969 5.46% Inflation in 2021 4.99% \$500 in 1969 \$3,667.51 in 2021