Between 1961 and 2004, the Consumer Price Index went from 29.9 to 188.9.
Cumulatively, prices increased 531.8%, which works out to an average of
4.38% per year. Put differently, a dollar in 1961 bought what
$0.16 buys in 2004.
Common amounts: 1961 dollars in 2004
Amount in 1961
Value in 2004
$1.00
$6.32
$5.00
$31.59
$10.00
$63.18
$20.00
$126
$50.00
$316
$100
$632
$500
$3,159
$1,000
$6,318
$5,000
$31,589
$10,000
$63,177
$100,000
$631,773
$1,000,000
$6,317,726
Inflation by spending category, 1961–2004
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1961 spending costs in 2004, by category:
Category
Avg. yearly inflation
$100 in 1961 →
All items (CPI-U)
4.38%
$632
Medical care
6.25%
$1,354
Energy
4.53%
$673
Core (all items less food & energy)
4.39%
$634
Food
4.30%
$613
Transportation
4.01%
$542
Apparel
2.26%
$261
Not shown because the BLS began these indexes after 1961: housing (1967–), recreation (1993–), education & communication (1993–).
Long periods are sampled every 2 years; the calculator above covers any pair of years.
Cite this page
MLA: “Inflation from 1961 to 2004: $100 is worth $632 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1961-to-2004/
APA: InflationCalculator.com. Inflation from 1961 to 2004. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1961-to-2004/