# \$1.25 in 1963 → \$10.00 in 2017

## Inflation Calculator

\$

### U.S. Inflation Rate, 1963-2017 (\$1.25)

According to the Bureau of Labor Statistics consumer price index, the dollar experienced an average inflation rate of 3.93% per year. Prices in 2017 are 700.0% higher than prices in 1963.

In other words, \$1.25 in the year 1963 is equivalent in purchasing power to \$10.00 in 2017, a difference of \$8.75 over 54 years.

The inflation rate in 2017 was 1.99%.

 Cumulative price change 700.00% Average inflation rate 3.93% Price difference (\$1.25 base) \$8.75 CPI in 1963 30.6 CPI in 2017 244.786

#### Inflation rates for specific categories

Jewelry · Fresh fruits · Educational books and supplies · More

S&P 500 price · S&P 500 earnings · Shiller P/E

### How to calculate the inflation rate for \$1.25, 1963 to 2017

This inflation calculator uses the following inflation rate formula:

CPI in 2017 / CPI in 1963 * 1963 USD value = 2017 USD value

Then plug in historical CPI values. The U.S. CPI was 30.6 in the year 1963 and 244.786 in 2017:

244.786 / 30.6 * \$1.25 = \$10.00

\$1.25 in 1963 has the same "purchasing power" as \$10.00 in 2017.

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

• Iran is besieged and Ayatollah Khomeini is arrested.
• President John F. Kennedy says segregation is morally wrong and appeals for action.
• Sarawak is granted independence from British colonial rule.
• The "I have a dream" speech is delivered by Martin Luther King Jr addressing civil rights march in Washington.
• John F. Kennedy is assassinated by Lee Harvey Oswald in Dallas.

### Inflation Data Source

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: “\$1.25 in 1963 → 2017 | Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 24 May. 2018, https://www.officialdata.org/1963-dollars-in-2017?amount=1.25.