# $63,560 in 1964 is worth$168,946.58 in 1980

$63,560 in 1964 has the same purchasing power as$168,946.58 in 1980. Over the 16 years this is a change of $105,386.58. The average inflation rate of the dollar between 1964 and 1980 was 6.05% per year. The cumulative price increase of the dollar over this time was 165.81%. ## The value of$63,560 from 1964 to 1980

So what does this data mean? It means that the prices in 1980 are 1,689.47 higher than the average prices since 1964. A dollar in 1980 can buy 37.62% of what it could buy in 1964.

We can look at the buying power equivalent for $63,560 in 1964 to see how much you would need to adjust for in order to beat inflation. For 1964 to 1980, if you started with$63,560 in 1964, you would need to have $168,946.58 in 1964 to keep up with inflation rates. So if we are saying that$63,560 is equivalent to $168,946.58 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 16 years. ## Value of$63,560 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 $63,560.00 1.31% 1965$64,585.16 1.61%
1966 $66,430.45 2.86% 1967$68,480.77 3.09%
1968 $71,351.23 4.19% 1969$75,246.84 5.46%
1970 $79,552.52 5.72% 1971$83,038.06 4.38%
1972 $85,703.48 3.21% 1973$91,034.32 6.22%
1974 $101,080.90 11.04% 1975$110,307.35 9.13%
1976 $116,663.35 5.76% 1977$124,249.55 6.50%
1978 $133,681.03 7.59% 1979$148,853.42 11.35%