Between 1961 and 1976, the Consumer Price Index went from 29.9 to 56.9.
Cumulatively, prices increased 90.3%, which works out to an average of
4.38% per year. Put differently, a dollar in 1961 bought what
$0.53 buys in 1976.
Common amounts: 1961 dollars in 1976
Amount in 1961
Value in 1976
$1.00
$1.90
$5.00
$9.52
$10.00
$19.03
$20.00
$38.06
$50.00
$95.15
$100
$190
$500
$952
$1,000
$1,903
$5,000
$9,515
$10,000
$19,030
$100,000
$190,301
$1,000,000
$1,903,010
Inflation by spending category, 1961–1976
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1961 spending costs in 1976, by category:
Category
Avg. yearly inflation
$100 in 1961 →
All items (CPI-U)
4.38%
$190
Medical care
5.62%
$227
Food
4.82%
$203
Energy
4.74%
$200
Core (all items less food & energy)
4.19%
$185
Transportation
4.11%
$183
Apparel
3.32%
$163
Not shown because the BLS began these indexes after 1961: housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1961 to 1976: $100 is worth $190 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1961-to-1976/
APA: InflationCalculator.com. Inflation from 1961 to 1976. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1961-to-1976/