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$0.25 in 1950 is equivalent in purchasing power to about $2.98 today, an increase of $2.73 over 72 years.. How much was 60 cents worth in 1960? Raw data for these calculations comes from the Bureau of Labor Statistics' Consumer Price Index (CPI), established in 1913. The dollar had an average inflation rate of 3.76% per year between 1940 and today, producing a cumulative price increase of 2,036.93%. Beginning in 1982, the U.S. Mint began using zinc planchets plated with a thin layer of pure copper. $50 cents in 1975 worth today-whoatwherewhat Value of 40 Cents in 1984 This chart shows the average rate of inflation for select CPI categories between 1960 and 2023. Get the Accurate Price for Your Junk Silver - Precious Metal Melt Value For more information on the difference between PCE and CPI, see this analysis provided by the Bureau of Labor Statistics. these are some of the most valuable ones made since 1960: 1971 No-S Jefferson Nickel $1,000+ 1975-D High D $50+ 1979-S Type II Proof $4+ 1981-S Type II Proof $4+ Post-1960 Jefferson nickels . This effect explains how inflation erodes the value of a dollar over time. This table and charts use the earliest available data for each category. Are coins from the 1960's worth more today? This means that today's prices are 21.37 times as high as average prices since 1940, according to the Bureau of Labor Statistics consumer price index. CPI is the weighted combination of many categories of spending that are tracked by the government. 6 $1 in 1960 2023 | Inflation Calculator Read more about inflation and investment. In 1960, core inflation was 1.50%. 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 1950. If this number holds, $40 today will be equivalent in buying power to $42.56 next year. The inflation rate in 1960 was 1.72%. 3 What was dollar worth in 1912? This website requires JavaScript to run properly.