Between 1961 and 1970, the Consumer Price Index went from 29.9 to 38.8.
Cumulatively, prices increased 29.8%, which works out to an average of
2.94% per year. Put differently, a dollar in 1961 bought what
$0.77 buys in 1970.
Common amounts: 1961 dollars in 1970
Amount in 1961
Value in 1970
$1.00
$1.30
$5.00
$6.49
$10.00
$12.98
$20.00
$25.95
$50.00
$64.88
$100
$130
$500
$649
$1,000
$1,298
$5,000
$6,488
$10,000
$12,977
$100,000
$129,766
$1,000,000
$1,297,659
Inflation by spending category, 1961–1970
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1961 spending costs in 1970, by category:
Category
Avg. yearly inflation
$100 in 1961 →
All items (CPI-U)
2.94%
$130
Medical care
4.49%
$148
Core (all items less food & energy)
3.10%
$132
Food
2.87%
$129
Apparel
2.82%
$128
Transportation
2.47%
$125
Energy
1.40%
$113
Not shown because the BLS began these indexes after 1961: housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1961 to 1970: $100 is worth $130 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1961-to-1970/
APA: InflationCalculator.com. Inflation from 1961 to 1970. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1961-to-1970/