Inflation

If you want to scare yourself, go to this webpage and calculate what a dollar used to be worth. It is the Bank of Canada inflation calculator.

 

How to use this calculator

  1. Enter any dollar amount. (Commas and spaces may be used.)
  2. Enter the years you wish to compare between 1914 and the current year.
  3. Click Calculate.

$in

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2002 CPI = 100.0

Data source: Statistics Canada, Consumer Price Indexes for Canada, Monthly (V41690973 series)


When my mother bought a load of good quality bread in 1960 for 25 cents, she was paying $2.44 in 2022 currency. Equivalent quality artisanal bread today costs about $5.00 a loaf.

My first annual salary of $12,500 in 1974 is now $69, 338, which is considerably higher than what the same rank in the civil service gets today. Go figure.