# $67,029 in 2013 is worth$70,528.67 in 2017

$67,029 in 2013 has the same purchasing power as$70,528.67 in 2017. Over the 4 years this is a change of $3,499.67. The average inflation rate of the dollar between 2013 and 2017 was 1.32% per year. The cumulative price increase of the dollar over this time was 5.22%. ## The value of$67,029 from 2013 to 2017

So what does this data mean? It means that the prices in 2017 are 705.29 higher than the average prices since 2013. A dollar in 2017 can buy 95.04% of what it could buy in 2013.

We can look at the buying power equivalent for $67,029 in 2013 to see how much you would need to adjust for in order to beat inflation. For 2013 to 2017, if you started with$67,029 in 2013, you would need to have $70,528.67 in 2013 to keep up with inflation rates. So if we are saying that$67,029 is equivalent to $70,528.67 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 4 years. ## Value of$67,029 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
2013 $67,029.00 1.46% 2014$68,116.34 1.62%
2015 $68,197.19 0.12% 2016$69,057.51 1.26%