Between 1961 and 1977, the Consumer Price Index went from 29.9 to 60.6.
Cumulatively, prices increased 102.7%, which works out to an average of
4.51% per year. Put differently, a dollar in 1961 bought what
$0.49 buys in 1977.
Common amounts: 1961 dollars in 1977
Amount in 1961
Value in 1977
$1.00
$2.03
$5.00
$10.13
$10.00
$20.27
$20.00
$40.54
$50.00
$101
$100
$203
$500
$1,013
$1,000
$2,027
$5,000
$10,134
$10,000
$20,268
$100,000
$202,676
$1,000,000
$2,026,756
Inflation by spending category, 1961–1977
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1961 spending costs in 1977, by category:
Category
Avg. yearly inflation
$100 in 1961 →
All items (CPI-U)
4.51%
$203
Medical care
5.87%
$249
Energy
5.04%
$220
Food
4.91%
$215
Core (all items less food & energy)
4.32%
$197
Transportation
4.30%
$196
Apparel
3.39%
$170
Not shown because the BLS began these indexes after 1961: housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1961 to 1977: $100 is worth $203 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1961-to-1977/
APA: InflationCalculator.com. Inflation from 1961 to 1977. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1961-to-1977/