Between 1964 and 1976, the Consumer Price Index went from 31 to 56.9.
Cumulatively, prices increased 83.5%, which works out to an average of
5.19% per year. Put differently, a dollar in 1964 bought what
$0.54 buys in 1976.
Common amounts: 1964 dollars in 1976
Amount in 1964
Value in 1976
$1.00
$1.84
$5.00
$9.18
$10.00
$18.35
$20.00
$36.71
$50.00
$91.77
$100
$184
$500
$918
$1,000
$1,835
$5,000
$9,177
$10,000
$18,355
$100,000
$183,548
$1,000,000
$1,835,484
Inflation by spending category, 1964–1976
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1964 spending costs in 1976, by category:
Category
Avg. yearly inflation
$100 in 1964 →
All items (CPI-U)
5.19%
$184
Medical care
6.44%
$211
Energy
5.97%
$200
Food
5.75%
$196
Core (all items less food & energy)
4.91%
$178
Transportation
4.80%
$175
Apparel
3.94%
$159
Not shown because the BLS began these indexes after 1964: housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1964 to 1976: $100 is worth $184 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1964-to-1976/
APA: InflationCalculator.com. Inflation from 1964 to 1976. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1964-to-1976/