# 1995 Inflation Calculator

Amount in 1995:

RESULT: \$1 in 1995 is worth \$1.94 today.

You might be interested in calculating the value of \$1 for the year 2000. Or calculate the value of \$1 for the year 2005

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# \$1 in 1995 is worth \$1.94 today.

## The value of \$1 from 1995 to 2022

\$1 in 1995 has the purchasing power of about \$1.94 today, a \$0.94 increase in 27 years. Between 1995 and today, the dollar experienced an average annual inflation rate of 2.49%, resulting in a cumulative price increase of 94.41%.

According to the Bureau of Labor Statistics consumer price index, today's prices are several times higher than the average price since 1995.

In 1995, the inflation rate was 13.55%. Inflation is now 2.81% higher than it was last year. If this figure holds true, \$1 today will be worth \$3.81 next year in purchasing power.

## Inflation from 1995 to 2022

Summary Value
Cumulative price change (from 1995 to today) 94.41%
Average inflation rate (from 1995 to today) 2.49%
Converted amount \$1.94
Price Difference \$0.94
CPI in 1995 152.4
CPI in 2022 296.276
Inflation in 1995 13.55%
Inflation in 2022 2.81%
\$1 in 1995 \$1.94 in 2022

## Buying power of \$1 in 1995

If you had \$1 in your hand in 1995, its adjusted value for inflation today would be \$1.94. Put another way, you would need \$1.94 to beat the rising inflation. When \$1 becomes equivalent to \$1.94 over time, the "real value" of a single US dollar decreases. In other words, a dollar will pay for fewer items at the store.

This effect explains how inflation gradually erodes the value of a dollar. By calculating the value in 1995 dollars, it's evident how \$1 loses its worth over 27 years.

## Dollar inflation for \$1 from 1995 to 2022

The below tabular column shows the effect of inflation on \$1 in the year 1995 to the year 1995.

Year Dollar Value Inflation Rate
1995 1 13.55%
1996 1.03 2.95%
1997 1.05 2.29%
1998 1.07 1.56%
1999 1.09 2.21%
2000 1.13 3.36%
2001 1.16 2.85%
2002 1.18 1.58%
2003 1.21 2.28%
2004 1.24 2.66%
2005 1.28 3.39%
2006 1.32 3.23%
2007 1.36 2.85%
2008 1.41 3.84%
2009 1.41 -0.36%
2010 1.43 1.64%
2011 1.48 3.16%
2012 1.51 2.07%
2013 1.53 1.46%
2014 1.55 1.62%
2015 1.56 0.12%
2016 1.58 1.26%
2017 1.61 2.13%
2018 1.65 2.49%
2019 1.68 1.76%
2020 1.7 1.23%
2021 1.78 4.70%
2022 1.95 8.52%

## Conversion of 1995 dollars to today's price

Based on the 94.41% change in prices, the following 1995 amounts are shown in today's dollars:

Initial value Today value
\$1 dollar in 1995 \$1.94 dollars today
\$5 dollars in 1995 \$9.72 dollars today
\$10 dollars in 1995 \$19.44 dollars today
\$50 dollars in 1995 \$97.2 dollars today
\$100 dollars in 1995 \$194.41 dollars today
\$500 dollars in 1995 \$972.03 dollars today
\$1,000 dollars in 1995 \$1944.07 dollars today
\$5,000 dollars in 1995 \$9720.34 dollars today
\$10,000 dollars in 1995 \$19440.68 dollars today
\$50,000 dollars in 1995 \$97203.41 dollars today
\$100,000 dollars in 1995 \$194406.82 dollars today
\$500,000 dollars in 1995 \$972034.12 dollars today
\$1,000,000 dollars in 1995 \$1944068.24 dollars today

## How to calculate the inflated value of \$1 in 1995

To calculate the change in value between 1995 and today, we use the following inflation rate formula:

CPI Today / CPI in 1995 x USD Value in 1995 = Current USD Value

By plugging the values into the formula above, we get:

296.276/ 152.4 x \$1 = \$1.94

To buy the same product that you could buy for \$1 in 1995, you would need \$1.94 in 2022.

### To calculate the cumulative or total inflation rate in the past 27 years between 1995 and 2022, we use the following formula:

CPI in 2022 - CPI in 1995 / CPI in 1995 x 100 = Cumulative Inflation Rate

By inserting the values to this equation, we get:

( 296.276 - 152.4 / 152.4) x 100 = 94.41%

### Alternate method to calculate today's value of money after inflation - Using compound interest formula

Given that money changes over time due to inflation, which acts as compound interest, we can use the following formula:

FV = PV (1+i/100)^n

where,

• FV = Future value
• PV = Present value
• i: Average interest rate (inflation)
• n: Number of times the interest is compounded (i.e. # of years)

The future value in this case represents the amount obtained after applying the inflation rate to our initial value. In other words, it indicates how much \$1 is worth today. We have 27 years between 2022 and 1995. The average inflation rate was 2.4927199839007%.

Plugging in the values into the formula, we get:

1 (1+ % 2.49/ 100 ) ^ 27 = \$1.94