$8 in 1969 is worth $8.46 in 1970


$8 in 1969 has the same purchasing power as $8.46 in 1970. Over the 1 year this is a change of $0.46.

The average inflation rate of the dollar between 1969 and 1970 was 5.59% per year. The cumulative price increase of the dollar over this time was 5.72%.

The value of $8 from 1969 to 1970

So what does this data mean? It means that the prices in 1970 are 0.08 higher than the average prices since 1969. A dollar in 1970 can buy 94.59% of what it could buy in 1969.

These inflation figures use the Bureau of Labor Statistics (BLS) consumer price index to calculate the value of $8 between 1969 and 1970.

The inflation rate for 1969 was 5.46%, while the inflation rate for 1970 was 5.72%. The 1970 inflation rate is higher than the average inflation rate of 4.00% per year between 1970 and 2021.

USD Inflation Since 1913


The Buying Power of $8 in 1969

We can look at the buying power equivalent for $8 in 1969 to see how much you would need to adjust for in order to beat inflation. For 1969 to 1970, if you started with $8 in 1969, you would need to have $8.46 in 1969 to keep up with inflation rates.

So if we are saying that $8 is equivalent to $8.46 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.


Value of $8 Over Time


Year Dollar Value Inflation Rate
1969 $8.00 5.46%
1970 $8.46 5.72%

US Dollar Inflation Conversion


Initial Value Equivalent Value
$1.00 in 1969 $1.06 in 1970
$5.00 in 1969 $5.29 in 1970
$10.00 in 1969 $10.57 in 1970
$50.00 in 1969 $52.86 in 1970
$100.00 in 1969 $105.72 in 1970
$500.00 in 1969 $528.61 in 1970
$1,000.00 in 1969 $1,057.22 in 1970
$5,000.00 in 1969 $5,286.10 in 1970
$10,000.00 in 1969 $10,572.21 in 1970
$50,000.00 in 1969 $52,861.04 in 1970
$100,000.00 in 1969 $105,722.07 in 1970
$500,000.00 in 1969 $528,610.35 in 1970
$1,000,000.00 in 1969 $1,057,220.71 in 1970

Calculate Inflation Rate for $8 from 1969 to 1970

To calculate the inflation rate of $8 from 1969 to 1970, we use the following formula:

$$\dfrac{ 1969\; USD\; value \times CPI\; in\; 1970 }{ CPI\; in\; 1969 } = 1970\; USD\; value $$

We then replace the variables with the historical CPI values. The CPI in 1969 was 36.7 and 38.8 in 1970.

$$\dfrac{ \$8 \times 38.8 }{ 36.7 } = \text{ \$8.46 } $$


To work out the total inflation rate for the 1 year between 1969 and 1970, we can use a different formula:

$$ \dfrac{\text{CPI in 1970 } - \text{ CPI in 1969 } }{\text{CPI in 1969 }} \times 100 = \text{Cumulative rate for 1 year} $$


$$ \dfrac{\text{ 38.8 } - \text{ 36.7 } }{\text{ 36.7 }} \times 100 = \text{ 5.72\% } $$

Inflation Rate Definition





Link To or Reference This Page


  • "$8 in 1969 is worth $8.46 in 1970". StudyFinance.com. Accessed on September 18, 2021. https://studyfinance.com/inflation/us/1969/8/1970/.

  • "$8 in 1969 is worth $8.46 in 1970". StudyFinance.com, https://studyfinance.com/inflation/us/1969/8/1970/. Accessed 18 September, 2021

  • $8 in 1969 is worth $8.46 in 1970. StudyFinance.com. Retrieved from https://studyfinance.com/inflation/us/1969/8/1970/.