multiplication factors to convert current dollars to constant dollars

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MULTIPLICATION FACTORS TO CONVERT CURRENT DOLLARS TO CONSTANT DOLLARS
USING THE CONSUMER PRICE INDEX* OF THE BUREAU OF LABOR STATISTICS
Year
1939
1949
1959
1969
1979
1989
1999
2000
2001
2002
2003
2004
2005
2006
2007
Index
24.9
23.8
29.1
36.7
72.6
124.0
166.6
172.2
177.1
179.9
184.0
188.9
195.3
201.6
207.3
To convert current dollars to constant
dollars, multiply by:
For 2007 constant $ For 2008 constant $
14.91
15.49
8.71
9.05
7.12
7.40
5.65
5.87
2.86
2.97
1.67
1.74
1.24
1.29
1.20
1.25
1.17
1.22
1.15
1.20
1.13
1.17
1.10
1.14
1.06
1.10
1.03
1.07
1.00
1.04
Note: Decennial censuses report amounts in dollars that have the purchasing power of the previous year’s
dollar. The ACS reports amounts in dollars that have the purchasing power of that year’s dollars.
*This is the BLS CPI-U with 100 indicating the value of a dollar on June 30, 1982.
http://bls.gov/cpi
For further details see:
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