Between 1931 and 1966, the Consumer Price Index went from 15.2 to 32.4.
Cumulatively, prices increased 113.2%, which works out to an average of
2.19% per year. Put differently, a dollar in 1931 bought what
$0.47 buys in 1966.
Common amounts: 1931 dollars in 1966
Amount in 1931
Value in 1966
$1.00
$2.13
$5.00
$10.66
$10.00
$21.32
$20.00
$42.63
$50.00
$107
$100
$213
$500
$1,066
$1,000
$2,132
$5,000
$10,658
$10,000
$21,316
$100,000
$213,158
$1,000,000
$2,131,579
Inflation by spending category, 1931–1966
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1931 spending costs in 1966, by category:
Category
Avg. yearly inflation
$100 in 1931 →
All items (CPI-U)
2.19%
$213
Food
2.79%
$262
Apparel
2.31%
$223
Not shown because the BLS began these indexes after 1931: 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 1931 to 1966: $100 is worth $213 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1931-to-1966/
APA: InflationCalculator.com. Inflation from 1931 to 1966. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1931-to-1966/