Between 1963 and 1966, the Consumer Price Index went from 30.6 to 32.4.
Cumulatively, prices increased 5.9%, which works out to an average of
1.92% per year. Put differently, a dollar in 1963 bought what
$0.94 buys in 1966.
Common amounts: 1963 dollars in 1966
Amount in 1963
Value in 1966
$1.00
$1.06
$5.00
$5.29
$10.00
$10.59
$20.00
$21.18
$50.00
$52.94
$100
$106
$500
$529
$1,000
$1,059
$5,000
$5,294
$10,000
$10,588
$100,000
$105,882
$1,000,000
$1,058,824
Inflation by spending category, 1963–1966
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1963 spending costs in 1966, by category:
Category
Avg. yearly inflation
$100 in 1963 →
All items (CPI-U)
1.92%
$106
Medical care
2.95%
$109
Food
2.81%
$109
Core (all items less food & energy)
1.75%
$105
Transportation
1.49%
$105
Apparel
1.47%
$104
Energy
1.02%
$103
Not shown because the BLS began these indexes after 1963: housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1963 to 1966: $100 is worth $106 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1963-to-1966/
APA: InflationCalculator.com. Inflation from 1963 to 1966. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1963-to-1966/