Between 1960 and 2021, the Consumer Price Index went from 29.6 to 270.97.
Cumulatively, prices increased 815.4%, which works out to an average of
3.70% per year. Put differently, a dollar in 1960 bought what
$0.11 buys in 2021.
Common amounts: 1960 dollars in 2021
Amount in 1960
Value in 2021
$1.00
$9.15
$5.00
$45.77
$10.00
$91.54
$20.00
$183
$50.00
$458
$100
$915
$500
$4,577
$1,000
$9,154
$5,000
$45,772
$10,000
$91,544
$100,000
$915,439
$1,000,000
$9,154,392
Inflation by spending category, 1960–2021
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1960 spending costs in 2021, by category:
Category
Avg. yearly inflation
$100 in 1960 →
All items (CPI-U)
3.70%
$915
Medical care
5.32%
$2,355
Energy
3.95%
$1,064
Food
3.72%
$926
Core (all items less food & energy)
3.68%
$906
Transportation
3.41%
$774
Apparel
1.61%
$265
Not shown because the BLS began these indexes after 1960: housing (1967–), recreation (1993–), education & communication (1993–).
Long periods are sampled every 5 years; the calculator above covers any pair of years.
Cite this page
MLA: “Inflation from 1960 to 2021: $100 is worth $915 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1960-to-2021/
APA: InflationCalculator.com. Inflation from 1960 to 2021. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1960-to-2021/