$100 in 1963 is worth $563 in 2000,
because prices increased 462.7% over that period, an average of
4.78% a year.
$100 in 1963 has
the same buying power as
$563
in 2000
Detailed inflation statistics
Cumulative price change
462.7%
Average inflation rate
4.78% per year
Converted amount ($100 base)
$563
Price difference ($100 base)
$463
CPI in 1963
30.6
CPI in 2000
172.2
Inflation in 1963
1.32%
Inflation in 2000
3.36%
$100 in 1963 → 2000
$563
$100 in 2000 → 1963
$17.77
What happened to prices between 1963 and 2000
Between 1963 and 2000, the Consumer Price Index went from 30.6 to 172.2.
Cumulatively, prices increased 462.7%, which works out to an average of
4.78% per year. Put differently, a dollar in 1963 bought what
$0.18 buys in 2000: the 1963 dollar
lost 82.2% of its purchasing power over
these 37 years.
Consumer prices rose 1.3% in 1963, up slightly from 1962’s
1.0% as the expansion entered its third year with inflation still low,
conditions that gave Kennedy room to push the large tax cut he had
proposed to Congress. The cost of a first-class stamp rose that January
7, to 5 cents from 4 cents, the first postal rate change since 1958. That
August 28, Martin Luther King Jr. delivered his “I Have a Dream” speech
from the steps of the Lincoln Memorial to a quarter million people
gathered for the March on Washington, building pressure on Congress to
pass the civil rights bill Kennedy had proposed that June. The year ended
in tragedy: Kennedy was assassinated while riding in a motorcade through
Dallas on November 22, and Lyndon B. Johnson was sworn in aboard Air Force
One that same afternoon. Johnson would spend the following year pushing
Kennedy’s stalled tax and civil rights agenda through Congress. The
minimum wage rose again that September, to $1.25 an hour, the second step
of the phased increase set two years earlier. Consumer prices finished
1963 209.1% above their 1913 level.
Every 1963 amount converts to 2000 at the same ratio, 5.63: $1,000 becomes
$5,627, and $10,000 becomes $56,275.
Amount in 1963
Value in 2000
$1.00
$5.63
$5.00
$28.14
$10.00
$56.27
$20.00
$113
$50.00
$281
$100
$563
$500
$2,814
$1,000
$5,627
$5,000
$28,137
$10,000
$56,275
$100,000
$562,745
$1,000,000
$5,627,451
Inflation by spending category, 1963–2000
Between 1963 and 2000, medical care rose the most, up 982.2%, while apparel rose the least, up 176.3%, against 462.7% for all items. The headline number is an average; here is what $100 of 1963
spending costs in 2000, by category:
Category
Avg. yearly inflation
$100 in 1963 →
All items (CPI-U)
4.78%
$563
Medical care
6.65%
$1,082
Core (all items less food & energy)
4.82%
$570
Energy
4.72%
$551
Food
4.66%
$540
Transportation
4.42%
$496
Apparel
2.79%
$276
Not shown because the BLS began these indexes after 1963: housing (1967–), recreation (1993–), education & communication (1993–).
Decade by decade: 1963 to 2000
Prices climbed fastest in the 1970s, averaging 7.82% a year, and slowest in the 1990s (2.80% a year). Each step below chains into the full 1963–2000 change:
Years
Avg. yearly inflation
Price change
$100 from 1963, at end
1963–1970
3.45%
26.8%
$127
1970–1980
7.82%
112.4%
$269
1980–1990
4.72%
58.6%
$427
1990–2000
2.80%
31.8%
$563
Year by year: CPI and the value of $100 from 1963
$100 from 1963 had already become $297 by
1981, on its way to $563 in 2000; each row shows the CPI, that
year's inflation rate, and the running value.
Within the span, inflation peaked at 13.5% in 1980, and the smallest rise was 1.3% in 1964.
Long periods are sampled every 2 years; the calculator above covers any pair of years.
The destination year: 2000
In 2000, prices rose 3.4% and $100 from 1963 had the buying
power of $563; the year's average CPI of 172.2 is the level
behind every 2000 figure on this page.
Inflation ran at 3.4% in 2000, the highest annual rate since 1991, as an economy growing
above 4% and a rise in oil prices pushed the CPI up. The median household earned about
$42,100, gas averaged $1.51 a gallon, and a new home cost roughly $169,000. The Federal
Reserve had raised interest rates six times since mid-1999 and stopped at 6.5% in May. By
then the stock market had already turned: the Nasdaq hit its record of 5,048 on March 10 and
lost about 39% of its value by December. Consumer prices did not reflect the slowdown yet,
which is why the Fed held rates high through the year even as technology companies began to
fail. In October, Congress granted China permanent normal trade relations, a decision that
would help hold down the price of manufactured goods for years. A first-class stamp cost 33
cents and the federal minimum wage was $5.15. The recession of 2001 brought inflation back
down.
MLA: “Inflation from 1963 to 2000: $100 is worth $563 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1963-to-2000/
APA: InflationCalculator.com. Inflation from 1963 to 2000. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1963-to-2000/