$1 in 1965 is worth $1.04 in 1966

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Value of $1 from 1965 to 1966

$1 in 1965 is equivalent in purchasing power to about $1.04 in 1966. The dollar had an average inflation rate of 3.82% per year between 1965 and 1966, producing a cumulative price increase of 3.82%.

This means that prices in 1966 are 1.04 times as high as average prices in 1965, according to Statistics Canada consumer price index.

The inflation rate in 1965 was 2.33%. The inflation rate in 1966 was 3.82%. The 1966 inflation rate is higher compared to the average inflation rate of 3.82% per year between 1966 and 2026.

⌃
Inflation from 1965 to 1966
Average inflation rate 3.82%
Converted amount
$1 base		 $1.04
Price difference
$1 base		 $0.04
CPI in 1965 16.817
CPI in 1966 17.458
Inflation in 1965 2.33%
Inflation in 1966 3.82%
$1 in 1965 $1.04 in 1966
Recent CAD inflation
Annual Rate, Statistics Canada CPI
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How to calculate inflation rate for $1, 1965 to 1966

Our calculations use the following inflation rate formula to calculate the change in value between 1965 and 1966:

CPI in 1966CPI in 1965
×
1965 CAD value
=
1966 CAD value

Then plug in historical CPI values. The Canadian CPI was 16.81666667 in the year 1965 and 17.45833333 in 1966:

17.4583333316.81666667
×
$1
=
$1.04

$1 in 1965 has the same "purchasing power" or "buying power" as $1.04 in 1966.

To get the total inflation rate for the 1 years between 1965 and 1966, we use the following formula:

CPI in 1966 - CPI in 1965CPI in 1965
×
100
=
Cumulative inflation rate (1 years)

Plugging in the values to this equation, we get:

17.45833333 - 16.8166666716.81666667
×
100
=
4%

Frequently asked questions

How much is $1 from 1965 worth in 1966?

$1 in 1965 has about the same buying power as $1.04 in 1966, based on the consumer price index published by Statistics Canada. Prices in 1966 are 1.04 times as high as they were in 1965.

What was the inflation rate in 1965?

The Canadian inflation rate in 1965 was 2.33%, measured as the change in the consumer price index from 1964 to 1965. See inflation in 1965 for more detail.

What has the average inflation rate been from 1965 to 1966?

Prices rose by an average of 3.82% per year between 1965 and 1966, a cumulative increase of 3.82%.

How is this calculated?

Divide the CPI in 1966 (17.458) by the CPI in 1965 (16.817), then multiply by the original amount: 17.458 ÷ 16.817 × $1 = $1.04. See the step-by-step formula above.

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 → 1966 | Canada Inflation Calculator.” Official Inflation Data, Alioth Finance, 8 Oct. 2026, https://www.officialdata.org/canada/inflation/1965?amount=1&endYear=1966.

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.

Ian Webster

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.

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Inflation from 1965 to 1966
Average inflation rate 3.82%
Converted amount
$1 base		 $1.04
Price difference
$1 base		 $0.04
CPI in 1965 16.817
CPI in 1966 17.458
Inflation in 1965 2.33%
Inflation in 1966 3.82%
$1 in 1965 $1.04 in 1966