U.S. inflation · 1962–1963

Value of $100 in 1962, adjusted to 1963

$100 in 1962 has the same buying power as

$101

in 1963

$100$101$10119621963$100 · 1962$101 · 1963
Detailed inflation statistics
Cumulative price change1.3%
Average inflation rate1.32% per year
Converted amount ($100 base)$101
Price difference ($100 base)$1.32
CPI in 196230.2
CPI in 196330.6
Inflation in 19621.00%
Inflation in 19631.32%
$100 in 19621963$101
$100 in 19631962$98.69

What happened to prices between 1962 and 1963

Between 1962 and 1963, the Consumer Price Index went from 30.2 to 30.6. Cumulatively, prices increased 1.3%, which works out to an average of 1.32% per year. Put differently, a dollar in 1962 bought what $0.99 buys in 1963.

Common amounts: 1962 dollars in 1963

Amount in 1962Value in 1963
$1.00$1.01
$5.00$5.07
$10.00$10.13
$20.00$20.26
$50.00$50.66
$100$101
$500$507
$1,000$1,013
$5,000$5,066
$10,000$10,132
$100,000$101,325
$1,000,000$1,013,245

Inflation by spending category, 1962–1963

The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1962 spending costs in 1963, by category:

Category Avg. yearly inflation $100 in 1962 →
All items (CPI-U) 1.32% $101
Medical care 2.55% $103
Food 1.63% $102
Apparel 1.30% $101
Core (all items less food & energy) 1.27% $101
Transportation 0.32% $100
Energy 0.00% $100

Not shown because the BLS began these indexes after 1962: housing (1967–), recreation (1993–), education & communication (1993–).

Year by year: CPI and the value of $100 from 1962

Year CPI Inflation rate $100 from 1962
1962 30.2 1.0% $100
1963 30.6 1.3% $101

Cite this page

MLA: “Inflation from 1962 to 1963: $100 is worth $101 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1962-to-1963/

APA: InflationCalculator.com. Inflation from 1962 to 1963. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1962-to-1963/

Source: U.S. Bureau of Labor Statistics, CPI-U annual averages (series CUUR0000SA0; category indexes listed on the data sources page). See how these numbers are calculated.