Between 1961 and 1964, the Consumer Price Index went from 29.9 to 31.
Cumulatively, prices increased 3.7%, which works out to an average of
1.21% per year. Put differently, a dollar in 1961 bought what
$0.96 buys in 1964.
Common amounts: 1961 dollars in 1964
Amount in 1961
Value in 1964
$1.00
$1.04
$5.00
$5.18
$10.00
$10.37
$20.00
$20.74
$50.00
$51.84
$100
$104
$500
$518
$1,000
$1,037
$5,000
$5,184
$10,000
$10,368
$100,000
$103,679
$1,000,000
$1,036,789
Inflation by spending category, 1961–1964
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1961 spending costs in 1964, by category:
Category
Avg. yearly inflation
$100 in 1961 →
All items (CPI-U)
1.21%
$104
Medical care
2.42%
$107
Transportation
1.42%
$104
Core (all items less food & energy)
1.38%
$104
Food
1.19%
$104
Apparel
0.86%
$103
Energy
0.00%
$100
Not shown because the BLS began these indexes after 1961: housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1961 to 1964: $100 is worth $104 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1961-to-1964/
APA: InflationCalculator.com. Inflation from 1961 to 1964. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1961-to-1964/