Between 1927 and 1966, the Consumer Price Index went from 17.4 to 32.4.
Cumulatively, prices increased 86.2%, which works out to an average of
1.61% per year. Put differently, a dollar in 1927 bought what
$0.54 buys in 1966.
Common amounts: 1927 dollars in 1966
Amount in 1927
Value in 1966
$1.00
$1.86
$5.00
$9.31
$10.00
$18.62
$20.00
$37.24
$50.00
$93.10
$100
$186
$500
$931
$1,000
$1,862
$5,000
$9,310
$10,000
$18,621
$100,000
$186,207
$1,000,000
$1,862,069
Inflation by spending category, 1927–1966
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1927 spending costs in 1966, by category:
Category
Avg. yearly inflation
$100 in 1927 →
All items (CPI-U)
1.61%
$186
Food
1.87%
$206
Apparel
1.71%
$194
Not shown because the BLS began these indexes after 1927: core (all items less food & energy) (1957–), energy (1957–), housing (1967–), medical care (1935–), transportation (1935–), recreation (1993–), education & communication (1993–).
Long periods are sampled every 2 years; the calculator above covers any pair of years.
Cite this page
MLA: “Inflation from 1927 to 1966: $100 is worth $186 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1927-to-1966/
APA: InflationCalculator.com. Inflation from 1927 to 1966. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1927-to-1966/