# $32,396 in 1943 is worth$83,143.49 in 1973

$32,396 in 1943 has the same purchasing power as$83,143.49 in 1973. Over the 30 years this is a change of $50,747.49. The average inflation rate of the dollar between 1943 and 1973 was 3.33% per year. The cumulative price increase of the dollar over this time was 156.65%. ## The value of$32,396 from 1943 to 1973

So what does this data mean? It means that the prices in 1973 are 831.43 higher than the average prices since 1943. A dollar in 1973 can buy 38.96% of what it could buy in 1943.

We can look at the buying power equivalent for $32,396 in 1943 to see how much you would need to adjust for in order to beat inflation. For 1943 to 1973, if you started with$32,396 in 1943, you would need to have $83,143.49 in 1943 to keep up with inflation rates. So if we are saying that$32,396 is equivalent to $83,143.49 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 30 years. ## Value of$32,396 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
1943 $32,396.00 6.13% 1944$32,957.78 1.73%
1945 $33,706.82 2.27% 1946$36,515.72 8.33%
1947 $41,759.01 14.36% 1948$45,129.69 8.07%
1949 $44,567.91 -1.24% 1950$45,129.69 1.26%
1951 $48,687.63 7.88% 1952$49,623.93 1.92%
1953 $49,998.45 0.75% 1954$50,372.97 0.75%
1955 $50,185.71 -0.37% 1956$50,934.75 1.49%
1957 $52,620.09 3.31% 1958$54,118.17 2.85%
1959 $54,492.69 0.69% 1960$55,428.99 1.72%
1961 $55,990.77 1.01% 1962$56,552.55 1.00%
1963 $57,301.60 1.32% 1964$58,050.64 1.31%
1965 $58,986.94 1.61% 1966$60,672.28 2.86%
1967 $62,544.88 3.09% 1968$65,166.52 4.19%
1969 $68,724.46 5.46% 1970$72,656.92 5.72%
1971 $75,840.35 4.38% 1972$78,274.73 3.21%