U.S. inflation · 1964–1973
$100 in 1964 has the same buying power as
$143
in 1973
| Cumulative price change | 43.2% |
|---|---|
| Average inflation rate | 4.07% per year |
| Converted amount ($100 base) | $143 |
| Price difference ($100 base) | $43.23 |
| CPI in 1964 | 31 |
| CPI in 1973 | 44.4 |
| Inflation in 1964 | 1.31% |
| Inflation in 1973 | 6.22% |
| $100 in 1964 → 1973 | $143 |
| $100 in 1973 → 1964 | $69.82 |
Between 1964 and 1973, the Consumer Price Index went from 31 to 44.4. Cumulatively, prices increased 43.2%, which works out to an average of 4.07% per year. Put differently, a dollar in 1964 bought what $0.70 buys in 1973.
| Amount in 1964 | Value in 1973 |
|---|---|
| $1.00 | $1.43 |
| $5.00 | $7.16 |
| $10.00 | $14.32 |
| $20.00 | $28.65 |
| $50.00 | $71.61 |
| $100 | $143 |
| $500 | $716 |
| $1,000 | $1,432 |
| $5,000 | $7,161 |
| $10,000 | $14,323 |
| $100,000 | $143,226 |
| $1,000,000 | $1,432,258 |
The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1964 spending costs in 1973, by category:
| Category | Avg. yearly inflation | $100 in 1964 → |
|---|---|---|
| All items (CPI-U) | 4.07% | $143 |
| Medical care | 5.19% | $158 |
| Food | 4.84% | $153 |
| Core (all items less food & energy) | 3.91% | $141 |
| Apparel | 3.52% | $137 |
| Transportation | 3.06% | $131 |
| Energy | 3.02% | $131 |
Not shown because the BLS began these indexes after 1964: housing (1967–), recreation (1993–), education & communication (1993–).
| Year | CPI | Inflation rate | $100 from 1964 |
|---|---|---|---|
| 1964 | 31 | 1.3% | $100 |
| 1965 | 31.5 | 1.6% | $102 |
| 1966 | 32.4 | 2.9% | $105 |
| 1967 | 33.4 | 3.1% | $108 |
| 1968 | 34.8 | 4.2% | $112 |
| 1969 | 36.7 | 5.5% | $118 |
| 1970 | 38.8 | 5.7% | $125 |
| 1971 | 40.5 | 4.4% | $131 |
| 1972 | 41.8 | 3.2% | $135 |
| 1973 | 44.4 | 6.2% | $143 |
MLA: “Inflation from 1964 to 1973: $100 is worth $143 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1964-to-1973/
APA: InflationCalculator.com. Inflation from 1964 to 1973. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1964-to-1973/
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.