Between 1960 and 1999, the Consumer Price Index went from 29.6 to 166.6.
Cumulatively, prices increased 462.8%, which works out to an average of
4.53% per year. Put differently, a dollar in 1960 bought what
$0.18 buys in 1999.
Common amounts: 1960 dollars in 1999
Amount in 1960
Value in 1999
$1.00
$5.63
$5.00
$28.14
$10.00
$56.28
$20.00
$113
$50.00
$281
$100
$563
$500
$2,814
$1,000
$5,628
$5,000
$28,142
$10,000
$56,284
$100,000
$562,838
$1,000,000
$5,628,378
Inflation by spending category, 1960–1999
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1960 spending costs in 1999, by category:
Category
Avg. yearly inflation
$100 in 1960 →
All items (CPI-U)
4.53%
$563
Medical care
6.40%
$1,124
Core (all items less food & energy)
4.60%
$578
Food
4.45%
$547
Transportation
4.13%
$485
Energy
4.08%
$476
Apparel
2.74%
$287
Not shown because the BLS began these indexes after 1960: housing (1967–), recreation (1993–), education & communication (1993–).
Long periods are sampled every 2 years; the calculator above covers any pair of years.
Cite this page
MLA: “Inflation from 1960 to 1999: $100 is worth $563 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1960-to-1999/
APA: InflationCalculator.com. Inflation from 1960 to 1999. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1960-to-1999/