posted by Tracy on .
A 1963 Chevy Bel Air, a classic car today, cost $2400 new in mid-1963. How much would that be in 2012 dollars?
gotta look up the CPI for those years.
The result is: $17894.61
Using the Consumer Price Index, the cost of $2400 of goods and services has changed to $17894.61
The annual inflation rate (based on CPI-U) from January 1963 to January 2012 is 645.61%