Between 1962 and 1967, the Consumer Price Index went from 30.2 to 33.4.
Cumulatively, prices increased 10.6%, which works out to an average of
2.03% per year. Put differently, a dollar in 1962 bought what
$0.90 buys in 1967.
Common amounts: 1962 dollars in 1967
Amount in 1962
Value in 1967
$1.00
$1.11
$5.00
$5.53
$10.00
$11.06
$20.00
$22.12
$50.00
$55.30
$100
$111
$500
$553
$1,000
$1,106
$5,000
$5,530
$10,000
$11,060
$100,000
$110,596
$1,000,000
$1,105,960
Inflation by spending category, 1962–1967
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1962 spending costs in 1967, by category:
Category
Avg. yearly inflation
$100 in 1962 →
All items (CPI-U)
2.03%
$111
Medical care
3.71%
$120
Food
2.19%
$111
Core (all items less food & energy)
2.02%
$111
Apparel
1.95%
$110
Transportation
1.57%
$108
Energy
1.04%
$105
Not shown because the BLS began these indexes after 1962: housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1962 to 1967: $100 is worth $111 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1962-to-1967/
APA: InflationCalculator.com. Inflation from 1962 to 1967. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1962-to-1967/