Between 1961 and 1966, the Consumer Price Index went from 29.9 to 32.4.
Cumulatively, prices increased 8.4%, which works out to an average of
1.62% per year. Put differently, a dollar in 1961 bought what
$0.92 buys in 1966.
Common amounts: 1961 dollars in 1966
Amount in 1961
Value in 1966
$1.00
$1.08
$5.00
$5.42
$10.00
$10.84
$20.00
$21.67
$50.00
$54.18
$100
$108
$500
$542
$1,000
$1,084
$5,000
$5,418
$10,000
$10,836
$100,000
$108,361
$1,000,000
$1,083,612
Inflation by spending category, 1961–1966
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1961 spending costs in 1966, by category:
Category
Avg. yearly inflation
$100 in 1961 →
All items (CPI-U)
1.62%
$108
Medical care
2.81%
$115
Food
2.14%
$111
Core (all items less food & energy)
1.56%
$108
Transportation
1.42%
$107
Apparel
1.23%
$106
Energy
0.70%
$104
Not shown because the BLS began these indexes after 1961: housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1961 to 1966: $100 is worth $108 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1961-to-1966/
APA: InflationCalculator.com. Inflation from 1961 to 1966. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1961-to-1966/