Inflation Record$100 in 1962 → 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)
$1,893.22
+1793.2% cumulative inflation · 1962–2026
Your $100 in 1962 would have the purchasing power of $1,893.22 in Australia today.
What this means
- Purchasing power: $100 in 1962 had the same average buying power as $1,893.22 in 2026.
- Price level change: the overall consumer price level rose by 1793.2% across this 64-year span; the purchasing power of a dollar changed by -94.7%.
- 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 1962 | Worth in 2026 |
|---|---|
| $1 | $18.93 |
| $5 | $94.66 |
| $10 | $189.32 |
| $20 | $378.64 |
| $50 | $946.61 |
| $100 | $1,893.22 |
| $500 | $9,466.11 |
| $1,000 | $18,932.21 |
| $10,000 | $189,322.13 |
| $100,000 | $1,893,221.25 |
Key facts about 1962
- 1962 was one of only 1 years in the 1949–2026 record in which Australian consumer prices fell on an annual-average basis (-0.3%).
- 1962 is in the quarterly-CPI era: its annual average is the mean of the year's four quarterly indexes.
- In the decade after 1962, prices rose 41.0% in total.
$100 in 1962, decade by decade
| Year | Worth | Cumulative price change |
|---|---|---|
| 1972 | $141.03 | +41.0% |
| 1982 | $411.86 | +311.9% |
| 1992 | $767.63 | +667.6% |
| 2002 | $985.26 | +885.3% |
| 2012 | $1,295.19 | +1195.2% |
| 2022 | $1,632.05 | +1532.1% |
| 2026 | $1,893.22 | +1793.2% |
Quarterly CPI in 1962
| Period | Index | Change vs same period, prior year |
|---|---|---|
| Q1 | 7.8 | 0.0% |
| Q2 | 7.8 | -1.3% |
| Q3 | 7.8 | 0.0% |
| Q4 | 7.8 | 0.0% |
Annual average for 1962: 7.800
Verify this calculation
Series: All groups CPI, weighted average of eight capital cities (6401.0); base 2011-12=100; not seasonally adjusted.
Index (1962 annual average): 7.800 · Index (2026 annual average): 147.671 · Ratio: 18.9322
Formula: amount × (indexend / indexstart). Formula v1.0 — annual-average CPI, NSA (per-country basis on each methodology page). Source: Australian Bureau of Statistics.