# $16,537 in 1981 is worth$18,119.75 in 1983

$16,537 in 1981 has the same purchasing power as$18,119.75 in 1983. Over the 2 years this is a change of $1,582.75. The average inflation rate of the dollar between 1981 and 1983 was 6.56% per year. The cumulative price increase of the dollar over this time was 9.57%. ## The value of$16,537 from 1981 to 1983

So what does this data mean? It means that the prices in 1983 are 181.20 higher than the average prices since 1981. A dollar in 1983 can buy 91.27% of what it could buy in 1981.

We can look at the buying power equivalent for $16,537 in 1981 to see how much you would need to adjust for in order to beat inflation. For 1981 to 1983, if you started with$16,537 in 1981, you would need to have $18,119.75 in 1981 to keep up with inflation rates. So if we are saying that$16,537 is equivalent to $18,119.75 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 2 years. ## Value of$16,537 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
1981 $16,537.00 10.32% 1982$17,555.78 6.16%