Between 1964 and 1979, the Consumer Price Index went from 31 to 72.6.
Cumulatively, prices increased 134.2%, which works out to an average of
5.84% per year. Put differently, a dollar in 1964 bought what
$0.43 buys in 1979.
Common amounts: 1964 dollars in 1979
Amount in 1964
Value in 1979
$1.00
$2.34
$5.00
$11.71
$10.00
$23.42
$20.00
$46.84
$50.00
$117
$100
$234
$500
$1,171
$1,000
$2,342
$5,000
$11,710
$10,000
$23,419
$100,000
$234,194
$1,000,000
$2,341,935
Inflation by spending category, 1964–1979
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1964 spending costs in 1979, by category:
Category
Avg. yearly inflation
$100 in 1964 →
All items (CPI-U)
5.84%
$234
Energy
7.41%
$292
Medical care
6.96%
$274
Food
6.40%
$254
Transportation
5.54%
$225
Core (all items less food & energy)
5.48%
$223
Apparel
3.98%
$179
Not shown because the BLS began these indexes after 1964: housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1964 to 1979: $100 is worth $234 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1964-to-1979/
APA: InflationCalculator.com. Inflation from 1964 to 1979. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1964-to-1979/