Between 1963 and 1984, the Consumer Price Index went from 30.6 to 103.9.
Cumulatively, prices increased 239.5%, which works out to an average of
5.99% per year. Put differently, a dollar in 1963 bought what
$0.29 buys in 1984.
Common amounts: 1963 dollars in 1984
Amount in 1963
Value in 1984
$1.00
$3.40
$5.00
$16.98
$10.00
$33.95
$20.00
$67.91
$50.00
$170
$100
$340
$500
$1,698
$1,000
$3,395
$5,000
$16,977
$10,000
$33,954
$100,000
$339,542
$1,000,000
$3,395,425
Inflation by spending category, 1963–1984
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1963 spending costs in 1984, by category:
Category
Avg. yearly inflation
$100 in 1963 →
All items (CPI-U)
5.99%
$340
Energy
7.38%
$446
Medical care
7.35%
$443
Transportation
5.93%
$336
Food
5.88%
$332
Core (all items less food & energy)
5.83%
$329
Apparel
3.77%
$218
Not shown because the BLS began these indexes after 1963: housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1963 to 1984: $100 is worth $340 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1963-to-1984/
APA: InflationCalculator.com. Inflation from 1963 to 1984. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1963-to-1984/