Between 1961 and 1984, the Consumer Price Index went from 29.9 to 103.9.
Cumulatively, prices increased 247.5%, which works out to an average of
5.56% per year. Put differently, a dollar in 1961 bought what
$0.29 buys in 1984.
Common amounts: 1961 dollars in 1984
Amount in 1961
Value in 1984
$1.00
$3.47
$5.00
$17.37
$10.00
$34.75
$20.00
$69.50
$50.00
$174
$100
$347
$500
$1,737
$1,000
$3,475
$5,000
$17,375
$10,000
$34,749
$100,000
$347,492
$1,000,000
$3,474,916
Inflation by spending category, 1961–1984
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1961 spending costs in 1984, by category:
Category
Avg. yearly inflation
$100 in 1961 →
All items (CPI-U)
5.56%
$347
Medical care
6.92%
$466
Energy
6.74%
$448
Transportation
5.53%
$345
Food
5.46%
$339
Core (all items less food & energy)
5.43%
$337
Apparel
3.52%
$221
Not shown because the BLS began these indexes after 1961: housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1961 to 1984: $100 is worth $347 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1961-to-1984/
APA: InflationCalculator.com. Inflation from 1961 to 1984. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1961-to-1984/