Between 1961 and 2022, the Consumer Price Index went from 29.9 to 292.655.
Cumulatively, prices increased 878.8%, which works out to an average of
3.81% per year. Put differently, a dollar in 1961 bought what
$0.10 buys in 2022.
Common amounts: 1961 dollars in 2022
Amount in 1961
Value in 2022
$1.00
$9.79
$5.00
$48.94
$10.00
$97.88
$20.00
$196
$50.00
$489
$100
$979
$500
$4,894
$1,000
$9,788
$5,000
$48,939
$10,000
$97,878
$100,000
$978,779
$1,000,000
$9,787,793
Inflation by spending category, 1961–2022
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1961 spending costs in 2022, by category:
Category
Avg. yearly inflation
$100 in 1961 →
All items (CPI-U)
3.81%
$979
Medical care
5.34%
$2,387
Energy
4.33%
$1,326
Food
3.85%
$1,005
Core (all items less food & energy)
3.76%
$949
Transportation
3.64%
$885
Apparel
1.68%
$276
Not shown because the BLS began these indexes after 1961: housing (1967–), recreation (1993–), education & communication (1993–).
Long periods are sampled every 5 years; the calculator above covers any pair of years.
The destination year: 2022
2022 was the year inflation returned. Consumer prices rose 8.0% on average,
the worst since 1981, driven by pandemic-era supply chains, stimulus-fueled
demand, and an energy shock from the war in Ukraine. Gas briefly topped $5 a
gallon nationally for the first time ever, and “inflation” became the
top-ranked economic concern in nearly every poll of American households.
MLA: “Inflation from 1961 to 2022: $100 is worth $979 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1961-to-2022/
APA: InflationCalculator.com. Inflation from 1961 to 2022. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1961-to-2022/