Between 1960 and 2017, the Consumer Price Index went from 29.6 to 245.12.
Cumulatively, prices increased 728.1%, which works out to an average of
3.78% per year. Put differently, a dollar in 1960 bought what
$0.12 buys in 2017.
Common amounts: 1960 dollars in 2017
Amount in 1960
Value in 2017
$1.00
$8.28
$5.00
$41.41
$10.00
$82.81
$20.00
$166
$50.00
$414
$100
$828
$500
$4,141
$1,000
$8,281
$5,000
$41,405
$10,000
$82,811
$100,000
$828,108
$1,000,000
$8,281,081
Inflation by spending category, 1960–2017
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1960 spending costs in 2017, by category:
Category
Avg. yearly inflation
$100 in 1960 →
All items (CPI-U)
3.78%
$828
Medical care
5.51%
$2,131
Energy
3.96%
$913
Food
3.79%
$834
Core (all items less food & energy)
3.77%
$824
Transportation
3.41%
$676
Apparel
1.79%
$275
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 2017: $100 is worth $828 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1960-to-2017/
APA: InflationCalculator.com. Inflation from 1960 to 2017. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1960-to-2017/