What was 30000 dollars worth in 1960

CPI was 8. To get the total inflation rate for the years between and , we use the following formula:. Inflation data from to is sourced from a historical study conducted by political science professor Robert Sahr at Oregon State University. Ian Webster is an engineer and data expert based in San Mateo, California. He has worked for Google, NASA, and consulted for governments around the world on data pipelines and data analysis. Disappointed by the lack of clear resources on the impacts of inflation on economic indicators, Ian believes this website serves as a valuable public tool.

Ian earned his degree in Computer Science from Dartmouth College. Canada U. Australia Europe More Countries. Start year. End year. Inflation from to Cumulative price change 3, Not final.

See inflation summary for latest month trailing value. The results produced by the Inflation Calculator are intended as guides only and should not be regarded as 'official' Reserve Bank calculations.

While every effort has been made by the Bank to ensure that the data and formulae used to generate the results are accurate, the Bank accepts no liability or responsibility for the accuracy or completeness of the resulting calculations and recommends that users exercise their own care and judgment with respect to the Inflation Calculator's use.

The Australian currency was decimalised on 14 February Prior to decimalisation, currency was in the form of pounds, shillings and pence. One pound was equal to 20 shillings, one shilling was equal to 12 pence, and so one pound was equal to pence. Click on a category such as "Food" to toggle it on or off:.

For all these visualizations, it's important to note that not all categories may have been tracked since This table and charts use the earliest available data for each category. Our calculations use the following inflation rate formula to calculate the change in value between and today:.

Then plug in historical CPI values. The U. CPI was To get the total inflation rate for the years between and , we use the following formula:. Inflation data from to is sourced from a historical study conducted by political science professor Robert Sahr at Oregon State University.

Ian Webster is an engineer and data expert based in San Mateo, California. He has worked for Google, NASA, and consulted for governments around the world on data pipelines and data analysis.

Disappointed by the lack of clear resources on the impacts of inflation on economic indicators, Ian believes this website serves as a valuable public tool. Ian earned his degree in Computer Science from Dartmouth College. Canada U.