Between 1960 and 2011, the Consumer Price Index went from 29.6 to 224.939.
Cumulatively, prices increased 659.9%, which works out to an average of
4.06% per year. Put differently, a dollar in 1960 bought what
$0.13 buys in 2011.
Common amounts: 1960 dollars in 2011
Amount in 1960
Value in 2011
$1.00
$7.60
$5.00
$38.00
$10.00
$75.99
$20.00
$152
$50.00
$380
$100
$760
$500
$3,800
$1,000
$7,599
$5,000
$37,996
$10,000
$75,993
$100,000
$759,929
$1,000,000
$7,599,291
Inflation by spending category, 1960–2011
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1960 spending costs in 2011, by category:
Category
Avg. yearly inflation
$100 in 1960 →
All items (CPI-U)
4.06%
$760
Medical care
5.83%
$1,795
Energy
4.79%
$1,089
Food
4.06%
$759
Core (all items less food & energy)
3.99%
$735
Transportation
3.93%
$713
Apparel
1.95%
$267
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 2011: $100 is worth $760 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1960-to-2011/
APA: InflationCalculator.com. Inflation from 1960 to 2011. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1960-to-2011/