Between 1964 and 1966, the Consumer Price Index went from 31 to 32.4.
Cumulatively, prices increased 4.5%, which works out to an average of
2.23% per year. Put differently, a dollar in 1964 bought what
$0.96 buys in 1966.
Common amounts: 1964 dollars in 1966
Amount in 1964
Value in 1966
$1.00
$1.05
$5.00
$5.23
$10.00
$10.45
$20.00
$20.90
$50.00
$52.26
$100
$105
$500
$523
$1,000
$1,045
$5,000
$5,226
$10,000
$10,452
$100,000
$104,516
$1,000,000
$1,045,161
Inflation by spending category, 1964–1966
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1964 spending costs in 1966, by category:
Category
Avg. yearly inflation
$100 in 1964 →
All items (CPI-U)
2.23%
$105
Food
3.59%
$107
Medical care
3.40%
$107
Core (all items less food & energy)
1.84%
$104
Apparel
1.78%
$104
Energy
1.76%
$104
Transportation
1.42%
$103
Not shown because the BLS began these indexes after 1964: housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1964 to 1966: $100 is worth $105 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1964-to-1966/
APA: InflationCalculator.com. Inflation from 1964 to 1966. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1964-to-1966/