Personal Consumption Expenditures Price Index priced at $1,513.50 in 1975 $6,783.13 in 2023

Personal Consumption Expenditures Price Index Inflation Calculator

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Prices for Personal Consumption Expenditures Price Index, 1975-2023 ($1,513.50)

According to the U.S. Bureau of Labor Statistics, prices for personal consumption expenditures price index were 348.17% higher in 2023 versus 1975 (a $5,269.63 difference in value).

Between 1975 and 2023: Personal Consumption Expenditures Price Index experienced an average inflation rate of 3.17% per year. This rate of change indicates significant inflation. In other words, personal consumption expenditures price index costing $1,513.50 in the year 1975 would cost $6,783.13 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 3.68% during this same period, inflation for personal consumption expenditures price index was lower.

In the year 1975: Pricing changed by 8.34%, which is significantly above the average yearly change for personal consumption expenditures price index during the 1975-2023 time period. Compared to inflation for all items in 1975 (9.14%), inflation for personal consumption expenditures price index was lower.

Price Inflation for Personal Consumption Expenditures Price Index since 1959

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1980 (10.77%), 1974 (10.41%), and 1981 (8.96%).

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Buying power of $1,513.50 since 1975

Below are calculations of equivalent buying power for Personal Consumption Expenditures Price Index, over time, for $1,513.50 beginning in 1975. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1975$1,513.508.34%
1976$1,596.525.49%
1977$1,700.376.50%
1978$1,818.676.96%
1979$1,980.258.88%
1980$2,193.5010.77%
1981$2,390.018.96%
1982$2,522.765.55%
1983$2,630.064.25%
1984$2,729.403.78%
1985$2,824.613.49%
1986$2,886.072.18%
1987$2,975.273.09%
1988$3,091.533.91%
1989$3,226.534.37%
1990$3,368.194.39%
1991$3,480.823.34%
1992$3,573.602.67%
1993$3,662.612.49%
1994$3,739.042.09%
1995$3,817.762.11%
1996$3,899.402.14%
1997$3,967.271.74%
1998$3,998.830.80%
1999$4,057.101.46%
2000$4,159.712.53%
2001$4,243.102.00%
2002$4,298.831.31%
2003$4,389.142.10%
2004$4,498.092.48%
2005$4,627.692.88%
2006$4,758.002.82%
2007$4,880.092.57%
2008$5,024.502.96%
2009$5,010.50-0.28%
2010$5,100.241.79%
2011$5,229.272.53%
2012$5,326.781.86%
2013$5,397.021.32%
2014$5,472.561.40%
2015$5,482.580.18%
2016$5,538.101.01%
2017$5,634.781.75%
2018$5,750.122.05%
2019$5,832.751.44%
2020$5,895.941.08%
2021$6,141.974.17%
2022$6,538.736.46%
2023$6,783.133.74%
2024$6,895.181.65%*

* 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 Personal Consumption Expenditures Price Index:

Year195919601961196219631964196519661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI15.29015.54115.70215.88616.07616.30916.54416.96217.38918.06918.88319.76620.60521.30822.45624.79326.86028.33330.17632.27635.14338.92842.41544.77146.67648.43950.12851.21952.80254.86557.26159.77561.77463.42065.00066.35667.75469.20370.40770.96772.00173.82275.30276.29177.89479.82782.12784.44086.60789.17088.92190.51492.80394.53495.78197.12197.29998.284100.000102.047103.513104.635109.001116.043120.380122.368

Adjust personal consumption expenditures price index prices for inflation

Start with the inflation rate formula:

CPI in 2023 / CPI in 1975 * 1975 USD value = 2023 USD value

Then plug in historical CPI values from above. The CPI for Personal Consumption Expenditures Price Index was 26.860 in the year 1975 and 120.380 in 2023:

120.380 / 26.860 * $1,513.50 = $6,783.13

Therefore, according to U.S. Bureau of Labor Statistics, $1,513.50 in 1975 has the same "purchasing power" as $6,783.13 in 2023 (in the CPI category of Personal Consumption Expenditures Price Index).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Personal Consumption Expenditures Price Index in 1959. In addition to personal consumption expenditures price index, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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