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U.S. Inflation Rate, $40 in 1975 to 2017
According to the Bureau of Labor Statistics consumer price index, prices in 2017 are 355.61% higher than prices in 1975. The dollar experienced an average inflation rate of 3.68% per year during this period.
In other words, $40 in 1975 is equivalent in purchasing power to $182.25 in 2017, a difference of $142.25 over 42 years.
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