U.S. inflation · 1962–1966
$100 in 1962 has the same buying power as
$107
in 1966
| Cumulative price change | 7.3% |
|---|---|
| Average inflation rate | 1.77% per year |
| Converted amount ($100 base) | $107 |
| Price difference ($100 base) | $7.28 |
| CPI in 1962 | 30.2 |
| CPI in 1966 | 32.4 |
| Inflation in 1962 | 1.00% |
| Inflation in 1966 | 2.86% |
| $100 in 1962 → 1966 | $107 |
| $100 in 1966 → 1962 | $93.21 |
Between 1962 and 1966, the Consumer Price Index went from 30.2 to 32.4. Cumulatively, prices increased 7.3%, which works out to an average of 1.77% per year. Put differently, a dollar in 1962 bought what $0.93 buys in 1966.
| Amount in 1962 | Value in 1966 |
|---|---|
| $1.00 | $1.07 |
| $5.00 | $5.36 |
| $10.00 | $10.73 |
| $20.00 | $21.46 |
| $50.00 | $53.64 |
| $100 | $107 |
| $500 | $536 |
| $1,000 | $1,073 |
| $5,000 | $5,364 |
| $10,000 | $10,728 |
| $100,000 | $107,285 |
| $1,000,000 | $1,072,848 |
The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1962 spending costs in 1966, by category:
| Category | Avg. yearly inflation | $100 in 1962 → |
|---|---|---|
| All items (CPI-U) | 1.77% | $107 |
| Medical care | 2.85% | $112 |
| Food | 2.52% | $110 |
| Core (all items less food & energy) | 1.63% | $107 |
| Apparel | 1.43% | $106 |
| Transportation | 1.20% | $105 |
| Energy | 0.77% | $103 |
Not shown because the BLS began these indexes after 1962: housing (1967–), recreation (1993–), education & communication (1993–).
| Year | CPI | Inflation rate | $100 from 1962 |
|---|---|---|---|
| 1962 | 30.2 | 1.0% | $100 |
| 1963 | 30.6 | 1.3% | $101 |
| 1964 | 31 | 1.3% | $103 |
| 1965 | 31.5 | 1.6% | $104 |
| 1966 | 32.4 | 2.9% | $107 |
MLA: “Inflation from 1962 to 1966: $100 is worth $107 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1962-to-1966/
APA: InflationCalculator.com. Inflation from 1962 to 1966. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1962-to-1966/
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.