Adjusting Inflation facts

While investigating facts about Adjusting Inflation Calculator and Adjusting Inflation Formula, I found out little known, but curios details like:

The most successful Bond movie ever is Thunderball released back in 1965. The movie made over $141 million which amounts than $1 billion today when inflation is adjusted.

how to calculate inflation adjusted return?

The Atari 2600, adjusted for inflation, cost $790 in today's dollars

What does adjusting for inflation mean?

In my opinion, it is useful to put together a list of the most interesting details from trusted sources that I've come across answering what is adjusting for inflation. Here are 50 of the best facts about Adjusting Inflation Rate and After Adjusting Inflation I managed to collect.

adjusting for inflation what is the highest-grossing movie ever to be released?

Andrew Carnegie gave away more than 90% of his wealth, with much of it going to found 2509 public libraries at an inflation-adjusted cost of more than $1.3 billion
While Avengers: Endgame is the highest grossing movie of all time, when adjusted for inflation, 1939's Gone With the Wind is still the frontrunner by over a billion dollars.
After adjusting for inflation, U.S. presidents earn less salary now than any time in American history, at $400k per year. The highest was in 1909, when the POTUS earned approximately $1.9 million in 2012 dollars.
Mansa Musa, ruler of the Mali Empire in the 14th century, is the richest person who ever lived(inflation adjusted)
George Washington was worth $525 million in his day (adjusted for inflation)
A customer was gifted overgenerous contract terms due to a misplaced comma in a contract with aerospace giant Lockheed Martin. The erroneous comma radically altered the inflation-adjustment formula resulting in $70 million loss to Lockheed Martin.
When adjusting for ticket price inflation Gone With The Wind is the all time biggest earning film in the US, grossing $1.6 billion domestically which is over twice as much as Avatar earned.
In the United States average wages haven't grown since 1964 (adjusted for inflation)
The Hoover Dam, adjusted for inflation, cost less than a modern B2 Stealth Bomber
The richest president of the United States (adjusted for inflation) was George Washington.

adjusting inflation facts — What are the best facts about Adjusting Inflation?

Adjusting Inflation data charts

For your convenience take a look at Adjusting Inflation figures with stats and charts presented as graphic.

adjusting inflation fact data chart about Median US Family Income by Income Percentile (Inflation Adju — Median US Family Income by Income Percentile (Inflation Adjusted)

adjusting inflation fact data chart about Highest-grossing movies by decade, adjusted for inflation — Highest-grossing movies by decade, adjusted for inflation

Why is it helpful to have the prices adjusted for inflation?

You can easily fact check why is it important to consider an inflation-adjusted measure for the exchange rate by examining the linked well-known sources.

America sends Cuba a check every year for the Guantanamo Naval Base lease. The checks are not adjusted for inflation and are made out to the Treasurer General of the Republic, which no longer exists. Fidel Castro only ever cashed one, and stuffed the rest into a desk drawer.

The CIA had an operation called "Acoustic Kitty" in which they surgically implanted a bugging device into a cat, only to have it being squashed by a taxi on it's first mission. The project was cancelled shortly after, having cost about $25M or over $185M adjusted for inflation. - source

George Washington was the wealthiest US President, with $525 million (adjusted for inflation). His salary was 2% of the total US budget in 1789, and he owned over 50,000 acres of land. - source

That, adjusted for inflation, Afghanistan has sucked in more money than was spent stabilising all of Europe under the Marshall Plan after WWII

At the height of the Grateful Dead's touring years, Jerry Garcia was using $1800 (adjusted for inflation) worth of drugs per day. - source

When is cpp adjusted for inflation?

When adjusting for inflation, John D Rockefeller is the richest man in history with a net worth of 10 times that of Bill Gates.

How to calculate inflation adjusted price?

In 1961, one giga FLOPS would have theoretically cost $8.3 trillion USD (adjusted to inflation) whereas today one giga FLOPS costs 8 cents.

The US Presidents annual salary is $400,000/yr. Adjusted for inflation it’s the lowest it’s been since 1789.

The 1997 film Titanic, adjusted for inflation, still cost more to make than the actual ship itself in 1909.

The movie Gone With The Wind, When adjusted for monetary inflation,is still the most successful film in box-office history.

Star Wars IV a new hope, only cost $11 million to make back in 1977. Adjusted for inflation, that is roughly $40 million today.

Adjusting inflation infographics

Beautiful visual representation of Adjusting Inflation numbers and stats to get perspecive of the whole story.

adjusting inflation fact infographic about Historical US Federal minimum wage adjusted for inflation — Historical US Federal minimum wage adjusted for inflation

adjusting inflation fact infographic about Prices of iPhone Models at Launch 2007-2019 Adjusted for Inf — Prices of iPhone Models at Launch 2007-2019 Adjusted for Inflation

When is oas adjusted for inflation?

Between 1991 to 1995, Street fighter 2 arcade machines took an estimated $2.312 billion in revenue. Adjusted for inflation that is $4.15 billion in modern money.

All movies to gross a Billion Dollars (not adjusted for inflation) the lowest Rotten Tomatoes score is TRANSFORMERS: AGE OF EXTINCTION at 15%; the next lowest is 32%

There are more slaves today than at any time in history. While American slaves in 1809 were sold for around $40,000 (inflation adjusted), a slave nowadays can be bought for just $90, making replacement more economical than providing long term care.

Mark Twain blew the bulk of his book profits and his wife's inheritance investing in the failed Paige typesetting machine, the inflation-adjusted equivalent of $8million USD, which lead him to file bankruptcy in 1894.

Adjusted for inflation, Gone with the Wind is the highest grossing film of all time, earning the equivalent of $3.3 billion

How to calculate inflation adjusted return in excel?

After the Haitian Slave revolt, France demanded the newly independent country compensate former plantation owners who had lost their 'property' to the tune of $21 Billion (inflation adjusted)

In 1973 Enter The Dragon cost $850,000 to make. It made over $90 million at the box office, or, $508 million adjusted for inflation. Additionally, as part of a $1 million marketing campaign, Warner Bros offered free karate classes.

Frank Sinatra's son was kidnapped in 1963 and Sinatra ended up paying $240,000 (about $2,000,000 adjusted for inflation) in ransom before his son was safely returned.

The $1 million prize for "Who Wants to Be a Millionaire" is paid out as an annuity over 20 years and has never been adjusted for inflation

Adjusted for inflation) Germany's military Budget in WW2 at its peak was smaller than the Current US Budget by about 33%.

It cost more to make the movie Titanic ($200m) than to build the actual Titanic ($7.5m, or $125m when adjusted for inflation).

When adjusted for inflation, John D. Rockefeller is the richest man in the world with a net worth 10 times more than Bill Gates

The Manhattan Project which began in 1939 employed over 130,000 people & cost $2 billion USD — $22 billion adjusted for inflation

The F-35 fighter program's cost overruns equal the inflation-adjusted cost of, and its schedule delays exceed the length of, the entire Apollo program

That, in 1562, the town of Mittenwalde lent Berlin 400 guilders, to be repaid with six percent interest per year. Attempts to collect it have been unsuccessful. As of 2012, Berlin owed the small town 112 million euros ($136.79 million), not yet adjusted for compound interest and inflation.

That, adjusted for inflation a VHS copy of Back To The Future from before 1986 was more expensive than a Blu-ray set of the entire trilogy in 2018.

The 13th Warrior is the biggest box office flop of all time (when adjusted for inflation), grossing only $61 million with a cost of $160 million

Sinbad: Legend of the Seven Seas is the biggest box office bomb in history. With an adjusted for inflation loss of 163 million dollars, it nearly bankrupted Dreamworks, and is the film most credited with killing 2D animation in theaters

The Dead Sea Scrolls were sold by the discoverer for a sum that, adjusted for inflation, is about $37 USD.

There was an ancient Greek man named Gaius Appuleius Diocles whom was a famous chariot racer whose winning, adjusted for inflation, total $15,000,000,000 making him the highest paid athlete ever.

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