Between 1960 and 2013, the Consumer Price Index went from 29.6 to 232.957.
Cumulatively, prices increased 687.0%, which works out to an average of
3.97% per year. Put differently, a dollar in 1960 bought what
$0.13 buys in 2013.
Common amounts: 1960 dollars in 2013
Amount in 1960
Value in 2013
$1.00
$7.87
$5.00
$39.35
$10.00
$78.70
$20.00
$157
$50.00
$394
$100
$787
$500
$3,935
$1,000
$7,870
$5,000
$39,351
$10,000
$78,702
$100,000
$787,017
$1,000,000
$7,870,169
Inflation by spending category, 1960–2013
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1960 spending costs in 2013, by category:
Category
Avg. yearly inflation
$100 in 1960 →
All items (CPI-U)
3.97%
$787
Medical care
5.72%
$1,906
Energy
4.61%
$1,091
Food
3.98%
$790
Core (all items less food & energy)
3.91%
$764
Transportation
3.82%
$730
Apparel
1.95%
$279
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 2013: $100 is worth $787 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1960-to-2013/
APA: InflationCalculator.com. Inflation from 1960 to 2013. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1960-to-2013/