Between 1960 and 2014, the Consumer Price Index went from 29.6 to 236.736.
Cumulatively, prices increased 699.8%, which works out to an average of
3.93% per year. Put differently, a dollar in 1960 bought what
$0.13 buys in 2014.
Common amounts: 1960 dollars in 2014
Amount in 1960
Value in 2014
$1.00
$8.00
$5.00
$39.99
$10.00
$79.98
$20.00
$160
$50.00
$400
$100
$800
$500
$3,999
$1,000
$7,998
$5,000
$39,989
$10,000
$79,978
$100,000
$799,784
$1,000,000
$7,997,838
Inflation by spending category, 1960–2014
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1960 spending costs in 2014, by category:
Category
Avg. yearly inflation
$100 in 1960 →
All items (CPI-U)
3.93%
$800
Medical care
5.66%
$1,952
Energy
4.52%
$1,087
Food
3.95%
$809
Core (all items less food & energy)
3.87%
$777
Transportation
3.74%
$725
Apparel
1.92%
$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 2014: $100 is worth $800 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1960-to-2014/
APA: InflationCalculator.com. Inflation from 1960 to 2014. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1960-to-2014/