Between 1964 and 1972, the Consumer Price Index went from 31 to 41.8.
Cumulatively, prices increased 34.8%, which works out to an average of
3.81% per year. Put differently, a dollar in 1964 bought what
$0.74 buys in 1972.
Common amounts: 1964 dollars in 1972
Amount in 1964
Value in 1972
$1.00
$1.35
$5.00
$6.74
$10.00
$13.48
$20.00
$26.97
$50.00
$67.42
$100
$135
$500
$674
$1,000
$1,348
$5,000
$6,742
$10,000
$13,484
$100,000
$134,839
$1,000,000
$1,348,387
Inflation by spending category, 1964–1972
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1964 spending costs in 1972, by category:
Category
Avg. yearly inflation
$100 in 1964 →
All items (CPI-U)
3.81%
$135
Medical care
5.34%
$152
Core (all items less food & energy)
3.94%
$136
Food
3.69%
$134
Apparel
3.50%
$132
Transportation
3.04%
$127
Energy
2.40%
$121
Not shown because the BLS began these indexes after 1964: housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1964 to 1972: $100 is worth $135 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1964-to-1972/
APA: InflationCalculator.com. Inflation from 1964 to 1972. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1964-to-1972/