Between 1963 and 1965, the Consumer Price Index went from 30.6 to 31.5.
Cumulatively, prices increased 2.9%, which works out to an average of
1.46% per year. Put differently, a dollar in 1963 bought what
$0.97 buys in 1965.
Common amounts: 1963 dollars in 1965
Amount in 1963
Value in 1965
$1.00
$1.03
$5.00
$5.15
$10.00
$10.29
$20.00
$20.59
$50.00
$51.47
$100
$103
$500
$515
$1,000
$1,029
$5,000
$5,147
$10,000
$10,294
$100,000
$102,941
$1,000,000
$1,029,412
Inflation by spending category, 1963–1965
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1963 spending costs in 1965, by category:
Category
Avg. yearly inflation
$100 in 1963 →
All items (CPI-U)
1.46%
$103
Medical care
2.26%
$105
Food
1.75%
$104
Transportation
1.61%
$103
Core (all items less food & energy)
1.41%
$103
Apparel
0.95%
$102
Energy
0.66%
$101
Not shown because the BLS began these indexes after 1963: housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1963 to 1965: $100 is worth $103 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1963-to-1965/
APA: InflationCalculator.com. Inflation from 1963 to 1965. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1963-to-1965/