Between 1964 and 1982, the Consumer Price Index went from 31 to 96.5.
Cumulatively, prices increased 211.3%, which works out to an average of
6.51% per year. Put differently, a dollar in 1964 bought what
$0.32 buys in 1982.
Common amounts: 1964 dollars in 1982
Amount in 1964
Value in 1982
$1.00
$3.11
$5.00
$15.56
$10.00
$31.13
$20.00
$62.26
$50.00
$156
$100
$311
$500
$1,556
$1,000
$3,113
$5,000
$15,565
$10,000
$31,129
$100,000
$311,290
$1,000,000
$3,112,903
Inflation by spending category, 1964–1982
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1964 spending costs in 1982, by category:
Category
Avg. yearly inflation
$100 in 1964 →
All items (CPI-U)
6.51%
$311
Energy
8.59%
$441
Medical care
7.64%
$376
Food
6.47%
$309
Transportation
6.47%
$309
Core (all items less food & energy)
6.23%
$297
Apparel
4.12%
$207
Not shown because the BLS began these indexes after 1964: housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1964 to 1982: $100 is worth $311 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1964-to-1982/
APA: InflationCalculator.com. Inflation from 1964 to 1982. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1964-to-1982/