\$750,000 in 1965 → \$5,546,595.24 in 2013

Inflation Calculator

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U.S. Inflation Rate, \$750,000 in 1965 to 2013

According to the Bureau of Labor Statistics consumer price index, the dollar experienced an average inflation rate of 4.26% per year. Prices in 2013 are 639.5% higher than prices in 1965.

In other words, \$750,000 in 1965 is equivalent in purchasing power to \$5,546,595.24 in 2013, a difference of \$4,796,595.24 over 48 years.

The inflation rate in 2013 was 1.46%.

 Cumulative price change 639.55% Average inflation rate 4.26% Converted amount (\$750,000 base) \$5,546,595.24 Price difference (\$750,000 base) \$4,796,595.24 CPI in 1965 31.5 CPI in 2013 232.957

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How to calculate the inflation rate for \$750,000, 1965 to 2013

This inflation calculator uses the following inflation rate formula:

CPI in 2013 / CPI in 1965 * 1965 USD value = 2013 USD value

Then plug in historical CPI values. The U.S. CPI was 31.5 in the year 1965 and 232.957 in 2013:

232.957 / 31.5 * \$750,000 = \$5,546,595.24

\$750,000 in 1965 has the same "purchasing power" or "buying power" as \$5,546,595.24 in 2013.

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

• Aleksei Leonov, a Soviet cosmonaut, makes the first Spacewalk, when he leaves the Hos spacecraft for 12 minutes.
• Winston Churchill, is given the largest state funeral ever, it takes place in St Paul's Cathedral, London.
• The Supreme Court legalises the use of contraception by married couples.
• France becomes the third nation in space, after launching its first satellite.
• Lyndon B. Johnson, US President, signs the Voting Rights Act, making voting discrimination against minorities illegal.

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: “\$750,000 in 1965 → 2013 | Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 14 Jun. 2018, https://www.officialdata.org/1965-dollars-in-2013?amount=750000.