Between 1961 and 2016, the Consumer Price Index went from 29.9 to 240.007.
Cumulatively, prices increased 702.7%, which works out to an average of
3.86% per year. Put differently, a dollar in 1961 bought what
$0.12 buys in 2016.
Common amounts: 1961 dollars in 2016
Amount in 1961
Value in 2016
$1.00
$8.03
$5.00
$40.13
$10.00
$80.27
$20.00
$161
$50.00
$401
$100
$803
$500
$4,013
$1,000
$8,027
$5,000
$40,135
$10,000
$80,270
$100,000
$802,699
$1,000,000
$8,026,990
Inflation by spending category, 1961–2016
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1961 spending costs in 2016, by category:
Category
Avg. yearly inflation
$100 in 1961 →
All items (CPI-U)
3.86%
$803
Medical care
5.62%
$2,025
Energy
3.95%
$842
Food
3.89%
$816
Core (all items less food & energy)
3.85%
$799
Transportation
3.45%
$647
Apparel
1.85%
$273
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 2016: $100 is worth $803 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1961-to-2016/
APA: InflationCalculator.com. Inflation from 1961 to 2016. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1961-to-2016/