Between 1963 and 1983, the Consumer Price Index went from 30.6 to 99.6.
Cumulatively, prices increased 225.5%, which works out to an average of
6.08% per year. Put differently, a dollar in 1963 bought what
$0.31 buys in 1983.
Common amounts: 1963 dollars in 1983
Amount in 1963
Value in 1983
$1.00
$3.25
$5.00
$16.27
$10.00
$32.55
$20.00
$65.10
$50.00
$163
$100
$325
$500
$1,627
$1,000
$3,255
$5,000
$16,275
$10,000
$32,549
$100,000
$325,490
$1,000,000
$3,254,902
Inflation by spending category, 1963–1983
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1963 spending costs in 1983, by category:
Category
Avg. yearly inflation
$100 in 1963 →
All items (CPI-U)
6.08%
$325
Energy
7.71%
$442
Medical care
7.41%
$417
Transportation
6.01%
$321
Food
5.98%
$320
Core (all items less food & energy)
5.87%
$313
Apparel
3.87%
$214
Not shown because the BLS began these indexes after 1963: housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1963 to 1983: $100 is worth $325 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1963-to-1983/
APA: InflationCalculator.com. Inflation from 1963 to 1983. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1963-to-1983/