Between 1961 and 1972, the Consumer Price Index went from 29.9 to 41.8.
Cumulatively, prices increased 39.8%, which works out to an average of
3.09% per year. Put differently, a dollar in 1961 bought what
$0.72 buys in 1972.
Common amounts: 1961 dollars in 1972
Amount in 1961
Value in 1972
$1.00
$1.40
$5.00
$6.99
$10.00
$13.98
$20.00
$27.96
$50.00
$69.90
$100
$140
$500
$699
$1,000
$1,398
$5,000
$6,990
$10,000
$13,980
$100,000
$139,799
$1,000,000
$1,397,993
Inflation by spending category, 1961–1972
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1961 spending costs in 1972, by category:
Category
Avg. yearly inflation
$100 in 1961 →
All items (CPI-U)
3.09%
$140
Medical care
4.53%
$163
Core (all items less food & energy)
3.23%
$142
Food
3.00%
$138
Apparel
2.78%
$135
Transportation
2.60%
$133
Energy
1.74%
$121
Not shown because the BLS began these indexes after 1961: housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1961 to 1972: $100 is worth $140 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1961-to-1972/
APA: InflationCalculator.com. Inflation from 1961 to 1972. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1961-to-1972/