Between 1964 and 1977, the Consumer Price Index went from 31 to 60.6.
Cumulatively, prices increased 95.5%, which works out to an average of
5.29% per year. Put differently, a dollar in 1964 bought what
$0.51 buys in 1977.
Common amounts: 1964 dollars in 1977
Amount in 1964
Value in 1977
$1.00
$1.95
$5.00
$9.77
$10.00
$19.55
$20.00
$39.10
$50.00
$97.74
$100
$195
$500
$977
$1,000
$1,955
$5,000
$9,774
$10,000
$19,548
$100,000
$195,484
$1,000,000
$1,954,839
Inflation by spending category, 1964–1977
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1964 spending costs in 1977, by category:
Category
Avg. yearly inflation
$100 in 1964 →
All items (CPI-U)
5.29%
$195
Medical care
6.68%
$232
Energy
6.24%
$220
Food
5.79%
$208
Core (all items less food & energy)
5.01%
$189
Transportation
4.97%
$188
Apparel
3.98%
$166
Not shown because the BLS began these indexes after 1964: housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1964 to 1977: $100 is worth $195 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1964-to-1977/
APA: InflationCalculator.com. Inflation from 1964 to 1977. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1964-to-1977/