Between 1962 and 1999, the Consumer Price Index went from 30.2 to 166.6.
Cumulatively, prices increased 451.7%, which works out to an average of
4.72% per year. Put differently, a dollar in 1962 bought what
$0.18 buys in 1999.
Common amounts: 1962 dollars in 1999
Amount in 1962
Value in 1999
$1.00
$5.52
$5.00
$27.58
$10.00
$55.17
$20.00
$110
$50.00
$276
$100
$552
$500
$2,758
$1,000
$5,517
$5,000
$27,583
$10,000
$55,166
$100,000
$551,656
$1,000,000
$5,516,556
Inflation by spending category, 1962–1999
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1962 spending costs in 1999, by category:
Category
Avg. yearly inflation
$100 in 1962 →
All items (CPI-U)
4.72%
$552
Medical care
6.61%
$1,066
Core (all items less food & energy)
4.78%
$564
Food
4.64%
$536
Energy
4.28%
$472
Transportation
4.26%
$469
Apparel
2.86%
$284
Not shown because the BLS began these indexes after 1962: housing (1967–), recreation (1993–), education & communication (1993–).
Long periods are sampled every 2 years; the calculator above covers any pair of years.
Cite this page
MLA: “Inflation from 1962 to 1999: $100 is worth $552 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1962-to-1999/
APA: InflationCalculator.com. Inflation from 1962 to 1999. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1962-to-1999/