$40,000 in 2009 is worth $49,293.36 in 2019

Value of $40,000 from 2009 to 2019

$40,000 in 2009 is equivalent in purchasing power to about $49,293.36 in 2019, an increase of $9,293.36 over 10 years. The dollar had an average inflation rate of 2.11% per year between 2009 and 2019, producing a cumulative price increase of 23.23%.

This means that prices in 2019 are 1.23 times as high as average prices since 2009, according to the Bureau of Statistics consumer price index.

The inflation rate in 2009 was 1.74%. The inflation rate in 2019 was 1.59%. The 2019 inflation rate is lower compared to the average inflation rate of 3.29% per year between 2019 and 2024.


Inflation from 2009 to 2019
Cumulative price change23.23%
Average inflation rate2.11%
Converted amount
$40,000 base
$49,293.36
Price difference
$40,000 base
$9,293.36
CPI in 200993.400
CPI in 2019115.100
Inflation in 20091.74%
Inflation in 20191.59%
$40,000 in 2009$49,293.36 in 2019

AUD inflation since 2009
Annual Rate, the Bureau of Statistics CPI
Download

Buying power of $40,000 in 2009

This chart shows a calculation of buying power equivalence for $40,000 in 2009 (price index tracking began in 1922).

For example, if you started with $40,000, you would need to end with $49,293.36 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When $40,000 is equivalent to $49,293.36 over time, that means that the "real value" of a single Australian 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 2009 dollars, the chart below shows how $40,000 is worth less over 10 years.

According to the Bureau of Statistics, each of these AUD amounts below is equal in terms of what it could buy at the time:

Dollar inflation: 2009-2019
YearDollar ValueInflation Rate
2009$40,000.001.74%
2010$41,156.322.89%
2011$42,526.773.33%
2012$43,254.821.71%
2013$44,325.482.48%
2014$45,438.972.51%
2015$46,124.201.51%
2016$46,723.771.30%
2017$47,623.131.92%
2018$48,522.481.89%
2019$49,293.361.59%
2020$49,721.630.87%
2021$51,134.902.84%
2022$54,518.206.62%
2023$57,344.755.18%
2024$57,944.331.05%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.
Click to show 4 more rows

This conversion table shows various other 2009 amounts in 2019 dollars, based on the 23.23% change in prices:

Conversion: 2009 dollars in 2019
Initial valueEquivalent value
$1 dollar in 2009$1.23 dollars in 2019
$5 dollars in 2009$6.16 dollars in 2019
$10 dollars in 2009$12.32 dollars in 2019
$50 dollars in 2009$61.62 dollars in 2019
$100 dollars in 2009$123.23 dollars in 2019
$500 dollars in 2009$616.17 dollars in 2019
$1,000 dollars in 2009$1,232.33 dollars in 2019
$5,000 dollars in 2009$6,161.67 dollars in 2019
$10,000 dollars in 2009$12,323.34 dollars in 2019
$50,000 dollars in 2009$61,616.70 dollars in 2019
$100,000 dollars in 2009$123,233.40 dollars in 2019
$500,000 dollars in 2009$616,167.02 dollars in 2019
$1,000,000 dollars in 2009$1,232,334.05 dollars in 2019

How to calculate inflation rate for $40,000, 2009 to 2019

Our calculations use the following inflation rate formula to calculate the change in value between 2009 and 2019:

CPI in 2019 CPI in 2009
×
2009 AUD value
=
2019 AUD value

Then plug in historical CPI values. The Australian CPI was 93.4 in the year 2009 and 115.1 in 2019:

115.193.4
×
$40,000
=
$49,293.36

$40,000 in 2009 has the same "purchasing power" or "buying power" as $49,293.36 in 2019.

To get the total inflation rate for the 10 years between 2009 and 2019, we use the following formula:

CPI in 2019 - CPI in 2009CPI in 2009
×
100
=
Cumulative inflation rate (10 years)

Plugging in the values to this equation, we get:

115.1 - 93.493.4
×
100
=
23%

Data source & citation

Raw data for these calculations comes from the government of Australia's annual (CPI) as provided by the Reserve Bank of Australia. The consumer price index was established in 1922 and is tracked by Australian Bureau of Statistics (ABS).

You may use the following MLA citation for this page: “$40,000 in 2009 → 2019 | Australia Inflation Calculator.” Official Inflation Data, Alioth Finance, 29 Mar. 2024, https://www.officialdata.org/2009-AUD-in-2019?amount=40000.

Special thanks to QuickChart for their chart image API, which is used for chart downloads.


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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» Read more about inflation and investment.

Inflation from 2009 to 2019
Cumulative price change23.23%
Average inflation rate2.11%
Converted amount
$40,000 base
$49,293.36
Price difference
$40,000 base
$9,293.36
CPI in 200993.400
CPI in 2019115.100
Inflation in 20091.74%
Inflation in 20191.59%
$40,000 in 2009$49,293.36 in 2019