Between 1962 and 1985, the Consumer Price Index went from 30.2 to 107.6.
Cumulatively, prices increased 256.3%, which works out to an average of
5.68% per year. Put differently, a dollar in 1962 bought what
$0.28 buys in 1985.
Common amounts: 1962 dollars in 1985
Amount in 1962
Value in 1985
$1.00
$3.56
$5.00
$17.81
$10.00
$35.63
$20.00
$71.26
$50.00
$178
$100
$356
$500
$1,781
$1,000
$3,563
$5,000
$17,815
$10,000
$35,629
$100,000
$356,291
$1,000,000
$3,562,914
Inflation by spending category, 1962–1985
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1962 spending costs in 1985, by category:
Category
Avg. yearly inflation
$100 in 1962 →
All items (CPI-U)
5.68%
$356
Medical care
7.09%
$483
Energy
6.75%
$450
Core (all items less food & energy)
5.56%
$347
Transportation
5.54%
$345
Food
5.53%
$345
Apparel
3.62%
$227
Not shown because the BLS began these indexes after 1962: housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1962 to 1985: $100 is worth $356 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1962-to-1985/
APA: InflationCalculator.com. Inflation from 1962 to 1985. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1962-to-1985/