# $61,067 in 1940 is worth$420,926.11 in 1982

$61,067 in 1940 has the same purchasing power as$420,926.11 in 1982. Over the 42 years this is a change of $359,859.11. The average inflation rate of the dollar between 1940 and 1982 was 4.68% per year. The cumulative price increase of the dollar over this time was 589.29%. ## The value of$61,067 from 1940 to 1982

So what does this data mean? It means that the prices in 1982 are 4,209.26 higher than the average prices since 1940. A dollar in 1982 can buy 14.51% of what it could buy in 1940.

We can look at the buying power equivalent for $61,067 in 1940 to see how much you would need to adjust for in order to beat inflation. For 1940 to 1982, if you started with$61,067 in 1940, you would need to have $420,926.11 in 1940 to keep up with inflation rates. So if we are saying that$61,067 is equivalent to $420,926.11 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 42 years. ## Value of$61,067 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
1940 $61,067.00 0.72% 1941$64,120.35 5.00%
1942 $71,099.44 10.88% 1943$75,461.36 6.13%
1944 $76,769.94 1.73% 1945$78,514.71 2.27%
1946 $85,057.61 8.33% 1947$97,271.01 14.36%
1948 $105,122.48 8.07% 1949$103,813.90 -1.24%
1950 $105,122.48 1.26% 1951$113,410.14 7.88%
1952 $115,591.11 1.92% 1953$116,463.49 0.75%
1954 $117,335.88 0.75% 1955$116,899.69 -0.37%
1956 $118,644.46 1.49% 1957$122,570.19 3.31%
1958 $126,059.74 2.85% 1959$126,932.12 0.69%
1960 $129,113.09 1.72% 1961$130,421.66 1.01%
1962 $131,730.24 1.00% 1963$133,475.01 1.32%
1964 $135,219.79 1.31% 1965$137,400.75 1.61%
1966 $141,326.49 2.86% 1967$145,688.41 3.09%
1968 $151,795.11 4.19% 1969$160,082.78 5.46%
1970 $169,242.83 5.72% 1971$176,658.11 4.38%
1972 $182,328.61 3.21% 1973$193,669.63 6.22%
1974 $215,043.08 11.04% 1975$234,671.76 9.13%
1976 $248,193.74 5.76% 1977$264,332.87 6.50%
1978 $284,397.74 7.59% 1979$316,676.01 11.35%
1980 $359,422.91 13.50% 1981$396,499.31 10.32%