U.S. inflation · 1960–1972
$100 in 1960 has the same buying power as
$141
in 1972
| Cumulative price change | 41.2% |
|---|---|
| Average inflation rate | 2.92% per year |
| Converted amount ($100 base) | $141 |
| Price difference ($100 base) | $41.22 |
| CPI in 1960 | 29.6 |
| CPI in 1972 | 41.8 |
| Inflation in 1960 | 1.72% |
| Inflation in 1972 | 3.21% |
| $100 in 1960 → 1972 | $141 |
| $100 in 1972 → 1960 | $70.81 |
Between 1960 and 1972, the Consumer Price Index went from 29.6 to 41.8. Cumulatively, prices increased 41.2%, which works out to an average of 2.92% per year. Put differently, a dollar in 1960 bought what $0.71 buys in 1972.
| Amount in 1960 | Value in 1972 |
|---|---|
| $1.00 | $1.41 |
| $5.00 | $7.06 |
| $10.00 | $14.12 |
| $20.00 | $28.24 |
| $50.00 | $70.61 |
| $100 | $141 |
| $500 | $706 |
| $1,000 | $1,412 |
| $5,000 | $7,061 |
| $10,000 | $14,122 |
| $100,000 | $141,216 |
| $1,000,000 | $1,412,162 |
The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1960 spending costs in 1972, by category:
| Category | Avg. yearly inflation | $100 in 1960 → |
|---|---|---|
| All items (CPI-U) | 2.92% | $141 |
| Medical care | 4.38% | $167 |
| Core (all items less food & energy) | 3.07% | $144 |
| Food | 2.86% | $140 |
| Apparel | 2.62% | $136 |
| Transportation | 2.46% | $134 |
| Energy | 1.63% | $121 |
Not shown because the BLS began these indexes after 1960: housing (1967–), recreation (1993–), education & communication (1993–).
| Year | CPI | Inflation rate | $100 from 1960 |
|---|---|---|---|
| 1960 | 29.6 | 1.7% | $100 |
| 1961 | 29.9 | 1.0% | $101 |
| 1962 | 30.2 | 1.0% | $102 |
| 1963 | 30.6 | 1.3% | $103 |
| 1964 | 31 | 1.3% | $105 |
| 1965 | 31.5 | 1.6% | $106 |
| 1966 | 32.4 | 2.9% | $109 |
| 1967 | 33.4 | 3.1% | $113 |
| 1968 | 34.8 | 4.2% | $118 |
| 1969 | 36.7 | 5.5% | $124 |
| 1970 | 38.8 | 5.7% | $131 |
| 1971 | 40.5 | 4.4% | $137 |
| 1972 | 41.8 | 3.2% | $141 |
MLA: “Inflation from 1960 to 1972: $100 is worth $141 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1960-to-1972/
APA: InflationCalculator.com. Inflation from 1960 to 1972. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1960-to-1972/
Source: U.S. Bureau of Labor Statistics, CPI-U annual averages (series CUUR0000SA0; category indexes listed on the data sources page). See how these numbers are calculated.