Inflation Calculator |
|||||||
Tisdale - Saturday, September 21, 2002 By: Ken Styan | |||||||
|
This is a rather interesting site. Look at RATES & STATISTICS , UNCLAIMED BALANCES & "THE INFLATION CALCULATOR". | ||||||
Bear in mind that this is a "Bank of Canada" site, therefore; its' accuracy might be questionable. | |||||||
|
|||||||
|
I'm not sure what a "basket" of goods means specifically; but in 1961 I did look at the purchase of a brand new 1961 Chevrolet Impala, 2 door hard top- loaded. As I recall the price was $2100.00 (this was a discounted price as I worked for the dealership; but the spread was probably only a couple hundred dollars ). | ||||||
I put this date & amount in the calculator fields & the end result was that today it would cost $13,431.02 , with a percent change over 41 years of 539.57 %. If I could purchase a top of the line Chevrolet today for $13,431.02 , I'd buy one each , for myself, my wife & two sons. | |||||||
Reference: | |||||||
Bank of Canada web site http://www.bankofcanada.ca | |||||||
Nice page of a 1961 four door hard top Impala | |||||||
|
|||||||
|
|||||||