$3 in 1968 is worth $3.16 in 1969


$3 in 1968 has the same purchasing power as $3.16 in 1969. Over the 1 year this is a change of $0.16.

The average inflation rate of the dollar between 1968 and 1969 was 4.83% per year. The cumulative price increase of the dollar over this time was 5.46%.

The value of $3 from 1968 to 1969

So what does this data mean? It means that the prices in 1969 are 0.03 higher than the average prices since 1968. A dollar in 1969 can buy 94.82% of what it could buy in 1968.

These inflation figures use the Bureau of Labor Statistics (BLS) consumer price index to calculate the value of $3 between 1968 and 1969.

The inflation rate for 1968 was 4.19%, while the inflation rate for 1969 was 5.46%. The 1969 inflation rate is higher than the average inflation rate of 3.98% per year between 1969 and 2021.

USD Inflation Since 1913


The Buying Power of $3 in 1968

We can look at the buying power equivalent for $3 in 1968 to see how much you would need to adjust for in order to beat inflation. For 1968 to 1969, if you started with $3 in 1968, you would need to have $3.16 in 1968 to keep up with inflation rates.

So if we are saying that $3 is equivalent to $3.16 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 $3 Over Time


Year Dollar Value Inflation Rate
1968 $3.00 4.19%
1969 $3.16 5.46%

US Dollar Inflation Conversion


Initial Value Equivalent Value
$1.00 in 1968 $1.05 in 1969
$5.00 in 1968 $5.27 in 1969
$10.00 in 1968 $10.55 in 1969
$50.00 in 1968 $52.73 in 1969
$100.00 in 1968 $105.46 in 1969
$500.00 in 1968 $527.30 in 1969
$1,000.00 in 1968 $1,054.60 in 1969
$5,000.00 in 1968 $5,272.99 in 1969
$10,000.00 in 1968 $10,545.98 in 1969
$50,000.00 in 1968 $52,729.89 in 1969
$100,000.00 in 1968 $105,459.77 in 1969
$500,000.00 in 1968 $527,298.85 in 1969
$1,000,000.00 in 1968 $1,054,597.70 in 1969

Calculate Inflation Rate for $3 from 1968 to 1969

To calculate the inflation rate of $3 from 1968 to 1969, we use the following formula:

$$\dfrac{ 1968\; USD\; value \times CPI\; in\; 1969 }{ CPI\; in\; 1968 } = 1969\; USD\; value $$

We then replace the variables with the historical CPI values. The CPI in 1968 was 34.8 and 36.7 in 1969.

$$\dfrac{ \$3 \times 36.7 }{ 34.8 } = \text{ \$3.16 } $$


To work out the total inflation rate for the 1 year between 1968 and 1969, we can use a different formula:

$$ \dfrac{\text{CPI in 1969 } - \text{ CPI in 1968 } }{\text{CPI in 1968 }} \times 100 = \text{Cumulative rate for 1 year} $$


$$ \dfrac{\text{ 36.7 } - \text{ 34.8 } }{\text{ 34.8 }} \times 100 = \text{ 5.46\% } $$

Inflation Rate Definition





Link To or Reference This Page


  • "$3 in 1968 is worth $3.16 in 1969". StudyFinance.com. Accessed on June 24, 2021. https://studyfinance.com/inflation/us/1968/3/1969/.

  • "$3 in 1968 is worth $3.16 in 1969". StudyFinance.com, https://studyfinance.com/inflation/us/1968/3/1969/. Accessed 24 June, 2021

  • $3 in 1968 is worth $3.16 in 1969. StudyFinance.com. Retrieved from https://studyfinance.com/inflation/us/1968/3/1969/.