# $76,972 in 2003 is worth$99,150.39 in 2015

$76,972 in 2003 has the same purchasing power as$99,150.39 in 2015. Over the 12 years this is a change of $22,178.39. The average inflation rate of the dollar between 2003 and 2015 was 2.15% per year. The cumulative price increase of the dollar over this time was 28.81%. ## The value of$76,972 from 2003 to 2015

So what does this data mean? It means that the prices in 2015 are 991.50 higher than the average prices since 2003. A dollar in 2015 can buy 77.63% of what it could buy in 2003.

We can look at the buying power equivalent for $76,972 in 2003 to see how much you would need to adjust for in order to beat inflation. For 2003 to 2015, if you started with$76,972 in 2003, you would need to have $99,150.39 in 2003 to keep up with inflation rates. So if we are saying that$76,972 is equivalent to $99,150.39 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 12 years. ## Value of$76,972 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
2003 $76,972.00 2.28% 2004$79,021.80 2.66%
2005 $81,699.08 3.39% 2006$84,334.54 3.23%
2007 $86,736.57 2.85% 2008$90,066.86 3.84%
2009 $89,746.42 -0.36% 2010$91,218.51 1.64%
2011 $94,097.85 3.16% 2012$96,045.16 2.07%
2013 $97,451.99 1.46% 2014$99,032.84 1.62%