![]() ![]() As noted above, this yearly inflation rate compounds to produce an overall price difference of 2,083.51% over 83 years. The average inflation rate of 3.78% has a compounding effect between 19. In Canada, CA$1.00 in 1940 would be equivalent to CA$20.34 in 2023, an absolute change of CA$19.34 and a cumulative change of 1,934.46%. ![]() For comparison, in the UK £1.00 in 1940 would be equivalent to £71.62 in 2023, an absolute change of £70.62 and a cumulative change of 7,062.14%. Inflation can also vary widely by country. Note that some locations showing 0% inflation may have not yet reported latest data. San Francisco, California experienced the highest rate of inflation during the 83 years between 19 (4.03%).ĭetroit, Michigan experienced the lowest rate of inflation during the 83 years between 19 (3.66%). Philadelphia, Pennsylvania: 3.73% average rate, $1 → $20.96, cumulative change of 1,995.98%.San Francisco, California: 4.03% average rate, $1 → $26.63, cumulative change of 2,563.09%.Here's how some cities fared in 1940 to 2023 (figures shown are purchasing power equivalents of $1): Inflation can vary widely by city, even within the United States. See inflation summary for latest 12-month trailing value. ![]()
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