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What's a Dollar Worth?
This Federal Reserve Bank service uses data from the Consumer Price Index to automatically calculate CPI values across the years. The CPI Calculation Machine will translate the value of a specific dollar amount from a previous year into the equivalent amount in current dollars. There's also a Reverse CPI Calculation Machine that equates the value of an item or service in current dollars with any amount dating back to 1913.
http://www.minneapolisfed.org/community_education/teacher/calc/
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