U.S. inflation · 1963–2024
$100 in 1963 has the same buying power as
$1,025
in 2024
| Cumulative price change | 925.1% |
|---|---|
| Average inflation rate | 3.89% per year |
| Converted amount ($100 base) | $1,025 |
| Price difference ($100 base) | $925 |
| CPI in 1963 | 30.6 |
| CPI in 2024 | 313.689 |
| Inflation in 1963 | 1.32% |
| Inflation in 2024 | 2.95% |
| $100 in 1963 → 2024 | $1,025 |
| $100 in 2024 → 1963 | $9.75 |
Between 1963 and 2024, the Consumer Price Index went from 30.6 to 313.689. Cumulatively, prices increased 925.1%, which works out to an average of 3.89% per year. Put differently, a dollar in 1963 bought what $0.10 buys in 2024.
| Amount in 1963 | Value in 2024 |
|---|---|
| $1.00 | $10.25 |
| $5.00 | $51.26 |
| $10.00 | $103 |
| $20.00 | $205 |
| $50.00 | $513 |
| $100 | $1,025 |
| $500 | $5,126 |
| $1,000 | $10,251 |
| $5,000 | $51,256 |
| $10,000 | $102,513 |
| $100,000 | $1,025,127 |
| $1,000,000 | $10,251,275 |
The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1963 spending costs in 2024, by category:
| Category | Avg. yearly inflation | $100 in 1963 → |
|---|---|---|
| All items (CPI-U) | 3.89% | $1,025 |
| Medical care | 5.30% | $2,340 |
| Energy | 4.21% | $1,237 |
| Food | 3.95% | $1,062 |
| Core (all items less food & energy) | 3.85% | $1,003 |
| Transportation | 3.62% | $876 |
| Apparel | 1.70% | $280 |
Not shown because the BLS began these indexes after 1963: housing (1967–), recreation (1993–), education & communication (1993–).
| Year | CPI | Inflation rate | $100 from 1963 |
|---|---|---|---|
| 1963 | 30.6 | 1.3% | $100 |
| 1968 | 34.8 | 4.2% | $114 |
| 1973 | 44.4 | 6.2% | $145 |
| 1978 | 65.2 | 7.6% | $213 |
| 1983 | 99.6 | 3.2% | $325 |
| 1988 | 118.3 | 4.1% | $387 |
| 1993 | 144.5 | 3.0% | $472 |
| 1998 | 163 | 1.6% | $533 |
| 2003 | 184 | 2.3% | $601 |
| 2008 | 215.303 | 3.8% | $704 |
| 2013 | 232.957 | 1.5% | $761 |
| 2018 | 251.107 | 2.4% | $821 |
| 2023 | 304.702 | 4.1% | $996 |
| 2024 | 313.689 | 2.9% | $1,025 |
Long periods are sampled every 5 years; the calculator above covers any pair of years.
MLA: “Inflation from 1963 to 2024: $100 is worth $1,025 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1963-to-2024/
APA: InflationCalculator.com. Inflation from 1963 to 2024. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1963-to-2024/
Source: U.S. Bureau of Labor Statistics, CPI-U annual averages (series CUUR0000SA0; category indexes listed on the data sources page). See how these numbers are calculated.