Between 1963 and 2016, the Consumer Price Index went from 30.6 to 240.007.
Cumulatively, prices increased 684.3%, which works out to an average of
3.96% per year. Put differently, a dollar in 1963 bought what
$0.13 buys in 2016.
Common amounts: 1963 dollars in 2016
Amount in 1963
Value in 2016
$1.00
$7.84
$5.00
$39.22
$10.00
$78.43
$20.00
$157
$50.00
$392
$100
$784
$500
$3,922
$1,000
$7,843
$5,000
$39,217
$10,000
$78,434
$100,000
$784,337
$1,000,000
$7,843,366
Inflation by spending category, 1963–2016
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1963 spending costs in 2016, by category:
Category
Avg. yearly inflation
$100 in 1963 →
All items (CPI-U)
3.96%
$784
Medical care
5.74%
$1,924
Energy
4.09%
$839
Food
3.99%
$797
Core (all items less food & energy)
3.95%
$779
Transportation
3.54%
$631
Apparel
1.88%
$269
Not shown because the BLS began these indexes after 1963: housing (1967–), recreation (1993–), education & communication (1993–).
Long periods are sampled every 2 years; the calculator above covers any pair of years.
Cite this page
MLA: “Inflation from 1963 to 2016: $100 is worth $784 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1963-to-2016/
APA: InflationCalculator.com. Inflation from 1963 to 2016. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1963-to-2016/