Value of a dollar · 1962
Value of a Dollar in 1962
$1 in 1962 had the same buying power as $10.37 in 2024. Prices rose 937% over those 62 years, an average of 3.84% a year.
- $100 from 1962 $1,037 in 2024 dollars
- Prices since +937% 10.37× the 1962 level
- Average inflation 3.84% a year, 1962–2024
- $100 in 2024 $9.64 in 1962 dollars
1962 dollars in 2024 money
| In 1962 | Worth in 2024 |
|---|---|
| $1 | $10.37 |
| $10 | $104 |
| $100 | $1,037 |
| $1,000 | $10,372 |
| $10,000 | $103,720 |
For a specific amount or a different pair of years, use the inflation calculator.
How $100 from 1962 kept pace
The amount needed in each later year to buy what $100 bought in 1962:
Prices had doubled by 1977, 15 years after 1962. The steepest single year along the way was 1980, when inflation reached 13.55%. Read what happened in 1980.
Value of a dollar in 1962 — FAQ
How much is $1 from 1962 worth today?
$1 in 1962 buys about as much as $10.37 did in 2024, the latest full year of Consumer Price Index data. $100 from 1962 equals about $1,037.
How much have prices gone up since 1962?
Consumer prices rose about 937% from 1962 to 2024, so things cost about 10.37 times as much. That works out to an average of 3.84% a year.
What would $100 in 2024 have been worth in 1962?
$100 in 2024 had the buying power of about $9.64 in 1962.
When did prices double after 1962?
By 1977, 15 years later, the price level was more than twice what it was in 1962, so a dollar saved in 1962 bought less than half as much.
Based on annual average Consumer Price Index levels. 2024 is the latest full year in the data, so “today” on this page means 2024 dollars.
Data: World Bank, World Development Indicators, via APIVerve. Our tables, charts and text are licensed CC BY-NC 4.0: share and adapt them for non-commercial use as long as you credit us. For commercial use or bulk data, use the APIVerve API. See the data terms. Cite as: Digest Your Finances, “Value of a Dollar by Year”, https://digestyourfinances.com/studies/value-of-a-dollar/1962/ — based on World Bank, World Development Indicators. CC BY-NC 4.0.
