Howdy soon2brev-ga,
The Federal Reserve Bank of Minneapolis, commonly referred to as the
"Minneapolis Fed," has a "What is a dollar worth?" calculator that uses
the Consumer Price Index (CPI) that can be used to answer your question.
http://minneapolisfed.org/research/data/us/calc/
"The Consumer Price Index (CPI) is a measure of the average change in
prices over time in a market basket of goods and services."
If we use the calculator on the above page on your numbers, we get the
following.
"If in 1964 I bought goods or services for $64.00, then in 2006 the same
goods or services would cost $418.06"
If you need any clarification, please feel free to ask.
Search strategy:
Google search on: dollar worth 2006
://www.google.com/search?q=dollar+worth+2006
Looking Forward, denco-ga - Google Answers Researcher |
