Between 1960 and 1965, the Consumer Price Index went from 29.6 to 31.5.
Cumulatively, prices increased 6.4%, which works out to an average of
1.25% per year. Put differently, a dollar in 1960 bought what
$0.94 buys in 1965.
Common amounts: 1960 dollars in 1965
Amount in 1960
Value in 1965
$1.00
$1.06
$5.00
$5.32
$10.00
$10.64
$20.00
$21.28
$50.00
$53.21
$100
$106
$500
$532
$1,000
$1,064
$5,000
$5,321
$10,000
$10,642
$100,000
$106,419
$1,000,000
$1,064,189
Inflation by spending category, 1960–1965
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1960 spending costs in 1965, by category:
Category
Avg. yearly inflation
$100 in 1960 →
All items (CPI-U)
1.25%
$106
Medical care
2.48%
$113
Food
1.43%
$107
Transportation
1.37%
$107
Core (all items less food & energy)
1.34%
$107
Apparel
0.90%
$105
Energy
0.44%
$102
Not shown because the BLS began these indexes after 1960: housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1960 to 1965: $100 is worth $106 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1960-to-1965/
APA: InflationCalculator.com. Inflation from 1960 to 1965. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1960-to-1965/