# $48,893 in 1982 is worth$102,143.30 in 2006

$48,893 in 1982 has the same purchasing power as$102,143.30 in 2006. Over the 24 years this is a change of $53,250.30. The average inflation rate of the dollar between 1982 and 2006 was 3.24% per year. The cumulative price increase of the dollar over this time was 108.91%. ## The value of$48,893 from 1982 to 2006

So what does this data mean? It means that the prices in 2006 are 1,021.43 higher than the average prices since 1982. A dollar in 2006 can buy 47.87% of what it could buy in 1982.

We can look at the buying power equivalent for $48,893 in 1982 to see how much you would need to adjust for in order to beat inflation. For 1982 to 2006, if you started with$48,893 in 1982, you would need to have $102,143.30 in 1982 to keep up with inflation rates. So if we are saying that$48,893 is equivalent to $102,143.30 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 24 years. ## Value of$48,893 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
1982 $48,893.00 6.16% 1983$50,463.66 3.21%
1984 $52,642.31 4.32% 1985$54,516.96 3.56%
1986 $55,530.29 1.86% 1987$57,556.94 3.65%
1988 $59,938.26 4.14% 1989$62,826.24 4.82%
1990 $66,220.88 5.40% 1991$69,007.53 4.21%
1992 $71,084.85 3.01% 1993$73,212.83 2.99%
1994 $75,087.49 2.56% 1995$77,215.47 2.83%
1996 $79,495.46 2.95% 1997$81,319.45 2.29%
1998 $82,586.10 1.56% 1999$84,410.09 2.21%
2000 $87,247.41 3.36% 2001$89,730.05 2.85%
2002 $91,148.71 1.58% 2003$93,226.03 2.28%
2004 $95,708.68 2.66% 2005$98,951.33 3.39%