U.S. inflation · 1960–1973
$100 in 1960 has the same buying power as
$150
in 1973
| Cumulative price change | 50.0% |
|---|---|
| Average inflation rate | 3.17% per year |
| Converted amount ($100 base) | $150 |
| Price difference ($100 base) | $50.00 |
| CPI in 1960 | 29.6 |
| CPI in 1973 | 44.4 |
| Inflation in 1960 | 1.72% |
| Inflation in 1973 | 6.22% |
| $100 in 1960 → 1973 | $150 |
| $100 in 1973 → 1960 | $66.67 |
Between 1960 and 1973, the Consumer Price Index went from 29.6 to 44.4. Cumulatively, prices increased 50.0%, which works out to an average of 3.17% per year. Put differently, a dollar in 1960 bought what $0.67 buys in 1973.
| Amount in 1960 | Value in 1973 |
|---|---|
| $1.00 | $1.50 |
| $5.00 | $7.50 |
| $10.00 | $15.00 |
| $20.00 | $30.00 |
| $50.00 | $75.00 |
| $100 | $150 |
| $500 | $750 |
| $1,000 | $1,500 |
| $5,000 | $7,500 |
| $10,000 | $15,000 |
| $100,000 | $150,000 |
| $1,000,000 | $1,500,000 |
The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1960 spending costs in 1973, by category:
| Category | Avg. yearly inflation | $100 in 1960 → |
|---|---|---|
| All items (CPI-U) | 3.17% | $150 |
| Medical care | 4.35% | $174 |
| Food | 3.71% | $161 |
| Core (all items less food & energy) | 3.12% | $149 |
| Apparel | 2.70% | $141 |
| Transportation | 2.52% | $138 |
| Energy | 2.11% | $131 |
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 |
| 1973 | 44.4 | 6.2% | $150 |
MLA: “Inflation from 1960 to 1973: $100 is worth $150 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1960-to-1973/
APA: InflationCalculator.com. Inflation from 1960 to 1973. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1960-to-1973/
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.