U.S. inflation · 1961–1983
$100 in 1961 has the same buying power as
$333
in 1983
| Cumulative price change | 233.1% |
|---|---|
| Average inflation rate | 5.62% per year |
| Converted amount ($100 base) | $333 |
| Price difference ($100 base) | $233 |
| CPI in 1961 | 29.9 |
| CPI in 1983 | 99.6 |
| Inflation in 1961 | 1.01% |
| Inflation in 1983 | 3.21% |
| $100 in 1961 → 1983 | $333 |
| $100 in 1983 → 1961 | $30.02 |
Between 1961 and 1983, the Consumer Price Index went from 29.9 to 99.6. Cumulatively, prices increased 233.1%, which works out to an average of 5.62% per year. Put differently, a dollar in 1961 bought what $0.30 buys in 1983.
| Amount in 1961 | Value in 1983 |
|---|---|
| $1.00 | $3.33 |
| $5.00 | $16.66 |
| $10.00 | $33.31 |
| $20.00 | $66.62 |
| $50.00 | $167 |
| $100 | $333 |
| $500 | $1,666 |
| $1,000 | $3,331 |
| $5,000 | $16,656 |
| $10,000 | $33,311 |
| $100,000 | $333,110 |
| $1,000,000 | $3,331,104 |
The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1961 spending costs in 1983, by category:
| Category | Avg. yearly inflation | $100 in 1961 → |
|---|---|---|
| All items (CPI-U) | 5.62% | $333 |
| Energy | 7.01% | $444 |
| Medical care | 6.96% | $439 |
| Transportation | 5.58% | $330 |
| Food | 5.53% | $327 |
| Core (all items less food & energy) | 5.45% | $321 |
| Apparel | 3.59% | $217 |
Not shown because the BLS began these indexes after 1961: housing (1967–), recreation (1993–), education & communication (1993–).
| Year | CPI | Inflation rate | $100 from 1961 |
|---|---|---|---|
| 1961 | 29.9 | 1.0% | $100 |
| 1962 | 30.2 | 1.0% | $101 |
| 1963 | 30.6 | 1.3% | $102 |
| 1964 | 31 | 1.3% | $104 |
| 1965 | 31.5 | 1.6% | $105 |
| 1966 | 32.4 | 2.9% | $108 |
| 1967 | 33.4 | 3.1% | $112 |
| 1968 | 34.8 | 4.2% | $116 |
| 1969 | 36.7 | 5.5% | $123 |
| 1970 | 38.8 | 5.7% | $130 |
| 1971 | 40.5 | 4.4% | $135 |
| 1972 | 41.8 | 3.2% | $140 |
| 1973 | 44.4 | 6.2% | $148 |
| 1974 | 49.3 | 11.0% | $165 |
| 1975 | 53.8 | 9.1% | $180 |
| 1976 | 56.9 | 5.8% | $190 |
| 1977 | 60.6 | 6.5% | $203 |
| 1978 | 65.2 | 7.6% | $218 |
| 1979 | 72.6 | 11.3% | $243 |
| 1980 | 82.4 | 13.5% | $276 |
| 1981 | 90.9 | 10.3% | $304 |
| 1982 | 96.5 | 6.2% | $323 |
| 1983 | 99.6 | 3.2% | $333 |
MLA: “Inflation from 1961 to 1983: $100 is worth $333 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1961-to-1983/
APA: InflationCalculator.com. Inflation from 1961 to 1983. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1961-to-1983/
Source: U.S. Bureau of Labor Statistics, CPI-U annual averages (series CUUR0000SA0; category indexes listed on the data sources page). See how these numbers are calculated.