Inflation Record
$100 in 1960 → Today (Australia)
Official data verified · CPI (ABS) · Annual average · Not seasonally adjusted · Data through September 2026 (fetched 2026-11-02) · All groups CPI, weighted average of eight capital cities (6401.0)
$1,930.34
+1830.3% cumulative inflation · 1960–2026
Your $100 in 1960 would have the purchasing power of $1,930.34 in Australia today.
What this means
- Purchasing power: $100 in 1960 had the same average buying power as $1,930.34 in 2026.
- Price level change: the overall consumer price level rose by 1830.3% across this 66-year span; the purchasing power of a dollar changed by -94.8%.
- This measures the broad basket of consumer goods and services (CPI (ABS)). Individual expenses moved at different rates.
What this means in other amounts
| In 1960 | Worth in 2026 |
|---|---|
| $1 | $19.30 |
| $5 | $96.52 |
| $10 | $193.03 |
| $20 | $386.07 |
| $50 | $965.17 |
| $100 | $1,930.34 |
| $500 | $9,651.72 |
| $1,000 | $19,303.43 |
| $10,000 | $193,034.32 |
| $100,000 | $1,930,343.24 |
Key facts about 1960
- Consumer prices rose 3.7% in 1960 — the 32nd-largest annual increase in the 1949–2026 record.
- 1960 is in the quarterly-CPI era: its annual average is the mean of the year's four quarterly indexes.
- In the decade after 1960, prices rose 27.8% in total.
$100 in 1960, decade by decade
| Year | Worth | Cumulative price change |
|---|---|---|
| 1970 | $127.78 | +27.8% |
| 1980 | $344.44 | +244.4% |
| 1990 | $750.98 | +651.0% |
| 2000 | $934.31 | +834.3% |
| 2010 | $1,256.21 | +1156.2% |
| 2020 | $1,517.65 | +1417.6% |
| 2026 | $1,930.34 | +1830.3% |
Quarterly CPI in 1960
| Period | Index | Change vs same period, prior year |
|---|---|---|
| Q1 | 7.5 | 2.7% |
| Q2 | 7.6 | 4.1% |
| Q3 | 7.7 | 4.1% |
| Q4 | 7.8 | 4.0% |
Annual average for 1960: 7.650
Verify this calculation
Series: All groups CPI, weighted average of eight capital cities (6401.0); base 2011-12=100; not seasonally adjusted.
Index (1960 annual average): 7.650 · Index (2026 annual average): 147.671 · Ratio: 19.3034
Formula: amount × (indexend / indexstart). Formula v1.0 — annual-average CPI, NSA (per-country basis on each methodology page). Source: Australian Bureau of Statistics.