$1 Today is How Much in 1971?
What is the 1971 equivalent of $1 dollars in today's money? Convert $1 from 2024 to 1971 dollars.
Result: $0.13
$1.00 in 2024 dollars = $0.13 in 1971 dollars.
Prices increased by 681% over that time period, with inflation averaging 3.95% per year.
Nearby Values
inflation-adjusted from 2024 to 1971
| 2024 |
1971 |
| 1.00 |
0.13 |
| 1.01 |
0.13 |
| 1.02 |
0.13 |
| 1.03 |
0.13 |
| 1.04 |
0.13 |
| 1.05 |
0.13 |
| 1.06 |
0.14 |
| 1.07 |
0.14 |
| 1.08 |
0.14 |
| 1.09 |
0.14 |
| 1.10 |
0.14 |
| 1.11 |
0.14 |
| 1.12 |
0.14 |
| 1.13 |
0.14 |
| 1.14 |
0.15 |
| 1.15 |
0.15 |
| 1.16 |
0.15 |
| 1.17 |
0.15 |
| 1.18 |
0.15 |
| 1.19 |
0.15 |
| 1.20 |
0.15 |
| 1.21 |
0.15 |
| 1.22 |
0.16 |
| 1.23 |
0.16 |
| 1.24 |
0.16 |
| 1.25 |
0.16 |
| 1.26 |
0.16 |
| 1.27 |
0.16 |
| 1.28 |
0.16 |
| 1.29 |
0.17 |
| 1.30 |
0.17 |
| 1.31 |
0.17 |
| 1.32 |
0.17 |
| 1.33 |
0.17 |
| 2024 |
1971 |
| 1.34 |
0.17 |
| 1.35 |
0.17 |
| 1.36 |
0.17 |
| 1.37 |
0.18 |
| 1.38 |
0.18 |
| 1.39 |
0.18 |
| 1.40 |
0.18 |
| 1.41 |
0.18 |
| 1.42 |
0.18 |
| 1.43 |
0.18 |
| 1.44 |
0.18 |
| 1.45 |
0.19 |
| 1.46 |
0.19 |
| 1.47 |
0.19 |
| 1.48 |
0.19 |
| 1.49 |
0.19 |
| 1.50 |
0.19 |
| 1.51 |
0.19 |
| 1.52 |
0.19 |
| 1.53 |
0.20 |
| 1.54 |
0.20 |
| 1.55 |
0.20 |
| 1.56 |
0.20 |
| 1.57 |
0.20 |
| 1.58 |
0.20 |
| 1.59 |
0.20 |
| 1.60 |
0.20 |
| 1.61 |
0.21 |
| 1.62 |
0.21 |
| 1.63 |
0.21 |
| 1.64 |
0.21 |
| 1.65 |
0.21 |
| 1.66 |
0.21 |
| 1.67 |
0.21 |
| 2024 |
1971 |
| 1.68 |
0.22 |
| 1.69 |
0.22 |
| 1.70 |
0.22 |
| 1.71 |
0.22 |
| 1.72 |
0.22 |
| 1.73 |
0.22 |
| 1.74 |
0.22 |
| 1.75 |
0.22 |
| 1.76 |
0.23 |
| 1.77 |
0.23 |
| 1.78 |
0.23 |
| 1.79 |
0.23 |
| 1.80 |
0.23 |
| 1.81 |
0.23 |
| 1.82 |
0.23 |
| 1.83 |
0.23 |
| 1.84 |
0.24 |
| 1.85 |
0.24 |
| 1.86 |
0.24 |
| 1.87 |
0.24 |
| 1.88 |
0.24 |
| 1.89 |
0.24 |
| 1.90 |
0.24 |
| 1.91 |
0.24 |
| 1.92 |
0.25 |
| 1.93 |
0.25 |
| 1.94 |
0.25 |
| 1.95 |
0.25 |
| 1.96 |
0.25 |
| 1.97 |
0.25 |
| 1.98 |
0.25 |
| 1.99 |
0.25 |
Methodology
Our data comes from the CPI (Consumer Price Index) report released by the Bureau of Labor Statistics. New reports are released monthly.
For conversions involving the current year, we use the latest CPI number. For example, to convert between 2024 and 5 years ago, we'd take the latest CPI number and compare it to the number from 60 months prior.
The latest CPI number is from March 2024.
For conversions that do not involve the current year, we use an average (mean) of all 12 months from the CPI report of the two years being compared.