Between 1960 and 1966, the Consumer Price Index went from 29.6 to 32.4.
Cumulatively, prices increased 9.5%, which works out to an average of
1.52% per year. Put differently, a dollar in 1960 bought what
$0.91 buys in 1966.
Common amounts: 1960 dollars in 1966
Amount in 1960
Value in 1966
$1.00
$1.09
$5.00
$5.47
$10.00
$10.95
$20.00
$21.89
$50.00
$54.73
$100
$109
$500
$547
$1,000
$1,095
$5,000
$5,473
$10,000
$10,946
$100,000
$109,459
$1,000,000
$1,094,595
Inflation by spending category, 1960–1966
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1960 spending costs in 1966, by category:
Category
Avg. yearly inflation
$100 in 1960 →
All items (CPI-U)
1.52%
$109
Medical care
2.79%
$118
Food
2.01%
$113
Core (all items less food & energy)
1.52%
$109
Transportation
1.35%
$108
Apparel
1.17%
$107
Energy
0.66%
$104
Not shown because the BLS began these indexes after 1960: housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1960 to 1966: $100 is worth $109 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1960-to-1966/
APA: InflationCalculator.com. Inflation from 1960 to 1966. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1960-to-1966/