Between 1961 and 1982, the Consumer Price Index went from 29.9 to 96.5.
Cumulatively, prices increased 222.7%, which works out to an average of
5.74% per year. Put differently, a dollar in 1961 bought what
$0.31 buys in 1982.
Common amounts: 1961 dollars in 1982
Amount in 1961
Value in 1982
$1.00
$3.23
$5.00
$16.14
$10.00
$32.27
$20.00
$64.55
$50.00
$161
$100
$323
$500
$1,614
$1,000
$3,227
$5,000
$16,137
$10,000
$32,274
$100,000
$322,742
$1,000,000
$3,227,425
Inflation by spending category, 1961–1982
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1961 spending costs in 1982, by category:
Category
Avg. yearly inflation
$100 in 1961 →
All items (CPI-U)
5.74%
$323
Energy
7.32%
$441
Medical care
6.87%
$404
Transportation
5.73%
$322
Food
5.70%
$320
Core (all items less food & energy)
5.52%
$309
Apparel
3.65%
$212
Not shown because the BLS began these indexes after 1961: housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1961 to 1982: $100 is worth $323 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1961-to-1982/
APA: InflationCalculator.com. Inflation from 1961 to 1982. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1961-to-1982/