# $46,028 in 1915 is worth$490,357.70 in 1985

$46,028 in 1915 has the same purchasing power as$490,357.70 in 1985. Over the 70 years this is a change of $444,329.70. The average inflation rate of the dollar between 1915 and 1985 was 3.56% per year. The cumulative price increase of the dollar over this time was 965.35%. ## The value of$46,028 from 1915 to 1985

So what does this data mean? It means that the prices in 1985 are 4,903.58 higher than the average prices since 1915. A dollar in 1985 can buy 9.39% of what it could buy in 1915.

We can look at the buying power equivalent for $46,028 in 1915 to see how much you would need to adjust for in order to beat inflation. For 1915 to 1985, if you started with$46,028 in 1915, you would need to have $490,357.70 in 1915 to keep up with inflation rates. So if we are saying that$46,028 is equivalent to $490,357.70 over time, you can see the core concept of inflation in action. The "real value" of a single dollar decreases over time. It will pay for fewer items at the store than it did previously. In the chart below you can see how the value of the dollar is worth less over 70 years. ## Value of$46,028 Over Time

In the table below we can see the value of the US Dollar over time. According to the BLS, each of these amounts are equivalent in terms of what that amount could purchase at the time.

Year Dollar Value Inflation Rate
1915 $46,028.00 1.00% 1916$49,673.78 7.92%
1917 $58,332.51 17.43% 1918$68,814.14 17.97%
1919 $78,840.04 14.57% 1920$91,144.55 15.61%
1921 $81,574.38 -10.50% 1922$76,561.43 -6.15%
1923 $77,928.59 1.79% 1924$77,928.59 0.00%
1925 $79,751.49 2.34% 1926$80,662.93 1.14%
1927 $79,295.76 -1.69% 1928$77,928.59 -1.72%
1929 $77,928.59 0.00% 1930$76,105.70 -2.34%
1931 $69,269.86 -8.98% 1932$62,434.02 -9.87%
1933 $59,243.96 -5.11% 1934$61,066.85 3.08%
1935 $62,434.02 2.24% 1936$63,345.47 1.46%
1937 $65,624.08 3.60% 1938$64,256.91 -2.08%
1939 $63,345.47 -1.42% 1940$63,801.19 0.72%
1941 $66,991.25 5.00% 1942$74,282.81 10.88%
1943 $78,840.04 6.13% 1944$80,207.21 1.73%
1945 $82,030.10 2.27% 1946$88,865.94 8.33%
1947 $101,626.18 14.36% 1948$109,829.19 8.07%
1949 $108,462.02 -1.24% 1950$109,829.19 1.26%
1951 $118,487.92 7.88% 1952$120,766.53 1.92%
1953 $121,677.98 0.75% 1954$122,589.43 0.75%
1955 $122,133.70 -0.37% 1956$123,956.59 1.49%
1957 $128,058.10 3.31% 1958$131,703.88 2.85%
1959 $132,615.33 0.69% 1960$134,893.94 1.72%
1961 $136,261.11 1.01% 1962$137,628.28 1.00%
1963 $139,451.17 1.32% 1964$141,274.06 1.31%
1965 $143,552.67 1.61% 1966$147,654.18 2.86%
1967 $152,211.41 3.09% 1968$158,591.52 4.19%
1969 $167,250.26 5.46% 1970$176,820.44 5.72%
1971 $184,567.72 4.38% 1972$190,492.12 3.21%
1973 $202,340.91 6.22% 1974$224,671.33 11.04%
1975 $245,178.85 9.13% 1976$259,306.26 5.76%
1977 $276,168.00 6.50% 1978$297,131.25 7.59%
1979 $330,854.73 11.35% 1980$375,515.56 13.50%
1981 $414,252.00 10.32% 1982$439,772.48 6.16%
1983 $453,899.88 3.21% 1984$473,495.96 4.32%