Between 1951 and 1965, the Consumer Price Index went from 26 to 31.5.
Cumulatively, prices increased 21.2%, which works out to an average of
1.38% per year. Put differently, a dollar in 1951 bought what
$0.83 buys in 1965.
Common amounts: 1951 dollars in 1965
Amount in 1951
Value in 1965
$1.00
$1.21
$5.00
$6.06
$10.00
$12.12
$20.00
$24.23
$50.00
$60.58
$100
$121
$500
$606
$1,000
$1,212
$5,000
$6,058
$10,000
$12,115
$100,000
$121,154
$1,000,000
$1,211,538
Inflation by spending category, 1951–1965
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1951 spending costs in 1965, by category:
Category
Avg. yearly inflation
$100 in 1951 →
All items (CPI-U)
1.38%
$121
Medical care
3.34%
$158
Transportation
2.02%
$132
Food
0.95%
$114
Apparel
0.61%
$109
Not shown because the BLS began these indexes after 1951: core (all items less food & energy) (1957–), energy (1957–), housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1951 to 1965: $100 is worth $121 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1951-to-1965/
APA: InflationCalculator.com. Inflation from 1951 to 1965. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1951-to-1965/