# $47,274 in 1964 is worth$332,528.37 in 2010

$47,274 in 1964 has the same purchasing power as$332,528.37 in 2010. Over the 46 years this is a change of $285,254.37. The average inflation rate of the dollar between 1964 and 2010 was 4.30% per year. The cumulative price increase of the dollar over this time was 603.41%. ## The value of$47,274 from 1964 to 2010

So what does this data mean? It means that the prices in 2010 are 3,325.28 higher than the average prices since 1964. A dollar in 2010 can buy 14.22% of what it could buy in 1964.

We can look at the buying power equivalent for $47,274 in 1964 to see how much you would need to adjust for in order to beat inflation. For 1964 to 2010, if you started with$47,274 in 1964, you would need to have $332,528.37 in 1964 to keep up with inflation rates. So if we are saying that$47,274 is equivalent to $332,528.37 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 46 years. ## Value of$47,274 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
1964 $47,274.00 1.31% 1965$48,036.48 1.61%
1966 $49,408.95 2.86% 1967$50,933.92 3.09%
1968 $53,068.88 4.19% 1969$55,966.32 5.46%
1970 $59,168.75 5.72% 1971$61,761.19 4.38%
1972 $63,743.65 3.21% 1973$67,708.57 6.22%
1974 $75,180.91 11.04% 1975$82,043.26 9.13%
1976 $86,770.66 5.76% 1977$92,413.05 6.50%
1978 $99,427.90 7.59% 1979$110,712.66 11.35%
1980 $125,657.34 13.50% 1981$138,619.57 10.32%
1982 $147,159.39 6.16% 1983$151,886.79 3.21%
1984 $158,444.15 4.32% 1985$164,086.53 3.56%
1986 $167,136.46 1.86% 1987$173,236.34 3.65%
1988 $180,403.68 4.14% 1989$189,096.00 4.82%
1990 $199,313.28 5.40% 1991$207,700.61 4.21%
1992 $213,952.97 3.01% 1993$220,357.84 2.99%
1994 $226,000.22 2.56% 1995$232,405.08 2.83%
1996 $239,267.44 2.95% 1997$244,757.32 2.29%
1998 $248,569.74 1.56% 1999$254,059.63 2.21%
2000 $262,599.45 3.36% 2001$270,071.79 2.85%
2002 $274,341.70 1.58% 2003$280,594.06 2.28%
2004 $288,066.41 2.66% 2005$297,826.20 3.39%
2006 $307,433.50 3.23% 2007$316,189.86 2.85%
2008 $328,330.13 3.84% 2009$327,162.00 -0.36%