Between 1961 and 1979, the Consumer Price Index went from 29.9 to 72.6.
Cumulatively, prices increased 142.8%, which works out to an average of
5.05% per year. Put differently, a dollar in 1961 bought what
$0.41 buys in 1979.
Common amounts: 1961 dollars in 1979
Amount in 1961
Value in 1979
$1.00
$2.43
$5.00
$12.14
$10.00
$24.28
$20.00
$48.56
$50.00
$121
$100
$243
$500
$1,214
$1,000
$2,428
$5,000
$12,140
$10,000
$24,281
$100,000
$242,809
$1,000,000
$2,428,094
Inflation by spending category, 1961–1979
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1961 spending costs in 1979, by category:
Category
Avg. yearly inflation
$100 in 1961 →
All items (CPI-U)
5.05%
$243
Medical care
6.19%
$295
Energy
6.13%
$292
Food
5.52%
$263
Transportation
4.84%
$234
Core (all items less food & energy)
4.78%
$232
Apparel
3.45%
$184
Not shown because the BLS began these indexes after 1961: housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1961 to 1979: $100 is worth $243 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1961-to-1979/
APA: InflationCalculator.com. Inflation from 1961 to 1979. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1961-to-1979/