Between 1962 and 2006, the Consumer Price Index went from 30.2 to 201.6.
Cumulatively, prices increased 567.5%, which works out to an average of
4.41% per year. Put differently, a dollar in 1962 bought what
$0.15 buys in 2006.
Common amounts: 1962 dollars in 2006
Amount in 1962
Value in 2006
$1.00
$6.68
$5.00
$33.38
$10.00
$66.75
$20.00
$134
$50.00
$334
$100
$668
$500
$3,338
$1,000
$6,675
$5,000
$33,377
$10,000
$66,755
$100,000
$667,550
$1,000,000
$6,675,497
Inflation by spending category, 1962–2006
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1962 spending costs in 2006, by category:
Category
Avg. yearly inflation
$100 in 1962 →
All items (CPI-U)
4.41%
$668
Medical care
6.23%
$1,431
Energy
5.04%
$871
Core (all items less food & energy)
4.37%
$656
Food
4.30%
$638
Transportation
4.11%
$587
Apparel
2.18%
$258
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 2006: $100 is worth $668 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1962-to-2006/
APA: InflationCalculator.com. Inflation from 1962 to 2006. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1962-to-2006/