Scotties Toy Box

November 7, 2019

increase in costs

Filed under: Economics, News — Scottie @ 07:05

TIL $30,000 in 1964 is equivalent in purchasing power to about $248,476.45 in 2019, a difference of $218,476.45 over 54 years. The 1964 inflation rate was 1.31%. According to the Bureau of Labor Statistics consumer price index, today’s prices in 2019 are 728.25% higher than average prices in 1964 from r/todayilearned

 

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