Between 1960 and 2006, the Consumer Price Index went from 29.6 to 201.6.
Cumulatively, prices increased 581.1%, which works out to an average of
4.26% per year. Put differently, a dollar in 1960 bought what
$0.15 buys in 2006.
Common amounts: 1960 dollars in 2006
Amount in 1960
Value in 2006
$1.00
$6.81
$5.00
$34.05
$10.00
$68.11
$20.00
$136
$50.00
$341
$100
$681
$500
$3,405
$1,000
$6,811
$5,000
$34,054
$10,000
$68,108
$100,000
$681,081
$1,000,000
$6,810,811
Inflation by spending category, 1960–2006
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1960 spending costs in 2006, by category:
Category
Avg. yearly inflation
$100 in 1960 →
All items (CPI-U)
4.26%
$681
Medical care
6.08%
$1,508
Energy
4.84%
$879
Core (all items less food & energy)
4.23%
$673
Food
4.16%
$651
Transportation
4.00%
$607
Apparel
2.11%
$261
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 2006: $100 is worth $681 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1960-to-2006/
APA: InflationCalculator.com. Inflation from 1960 to 2006. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1960-to-2006/