Between 1961 and 1989, the Consumer Price Index went from 29.9 to 124.
Cumulatively, prices increased 314.7%, which works out to an average of
5.21% per year. Put differently, a dollar in 1961 bought what
$0.24 buys in 1989.
Common amounts: 1961 dollars in 1989
Amount in 1961
Value in 1989
$1.00
$4.15
$5.00
$20.74
$10.00
$41.47
$20.00
$82.94
$50.00
$207
$100
$415
$500
$2,074
$1,000
$4,147
$5,000
$20,736
$10,000
$41,472
$100,000
$414,716
$1,000,000
$4,147,157
Inflation by spending category, 1961–1989
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1961 spending costs in 1989, by category:
Category
Avg. yearly inflation
$100 in 1961 →
All items (CPI-U)
5.21%
$415
Medical care
6.93%
$652
Energy
5.25%
$419
Core (all items less food & energy)
5.22%
$416
Food
5.18%
$412
Transportation
4.87%
$379
Apparel
3.43%
$257
Not shown because the BLS began these indexes after 1961: housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1961 to 1989: $100 is worth $415 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1961-to-1989/
APA: InflationCalculator.com. Inflation from 1961 to 1989. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1961-to-1989/