U.S. inflation · 1964–1988
$100 in 1964 has the same buying power as
$382
in 1988
| Cumulative price change | 281.6% |
|---|---|
| Average inflation rate | 5.74% per year |
| Converted amount ($100 base) | $382 |
| Price difference ($100 base) | $282 |
| CPI in 1964 | 31 |
| CPI in 1988 | 118.3 |
| Inflation in 1964 | 1.31% |
| Inflation in 1988 | 4.14% |
| $100 in 1964 → 1988 | $382 |
| $100 in 1988 → 1964 | $26.20 |
Between 1964 and 1988, the Consumer Price Index went from 31 to 118.3. Cumulatively, prices increased 281.6%, which works out to an average of 5.74% per year. Put differently, a dollar in 1964 bought what $0.26 buys in 1988.
| Amount in 1964 | Value in 1988 |
|---|---|
| $1.00 | $3.82 |
| $5.00 | $19.08 |
| $10.00 | $38.16 |
| $20.00 | $76.32 |
| $50.00 | $191 |
| $100 | $382 |
| $500 | $1,908 |
| $1,000 | $3,816 |
| $5,000 | $19,081 |
| $10,000 | $38,161 |
| $100,000 | $381,613 |
| $1,000,000 | $3,816,129 |
The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1964 spending costs in 1988, by category:
| Category | Avg. yearly inflation | $100 in 1964 → |
|---|---|---|
| All items (CPI-U) | 5.74% | $382 |
| Medical care | 7.47% | $563 |
| Energy | 5.91% | $397 |
| Core (all items less food & energy) | 5.74% | $382 |
| Food | 5.66% | $375 |
| Transportation | 5.31% | $346 |
| Apparel | 3.79% | $244 |
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 |
| 1974 | 49.3 | 11.0% | $159 |
| 1975 | 53.8 | 9.1% | $174 |
| 1976 | 56.9 | 5.8% | $184 |
| 1977 | 60.6 | 6.5% | $195 |
| 1978 | 65.2 | 7.6% | $210 |
| 1979 | 72.6 | 11.3% | $234 |
| 1980 | 82.4 | 13.5% | $266 |
| 1981 | 90.9 | 10.3% | $293 |
| 1982 | 96.5 | 6.2% | $311 |
| 1983 | 99.6 | 3.2% | $321 |
| 1984 | 103.9 | 4.3% | $335 |
| 1985 | 107.6 | 3.6% | $347 |
| 1986 | 109.6 | 1.9% | $354 |
| 1987 | 113.6 | 3.6% | $366 |
| 1988 | 118.3 | 4.1% | $382 |
MLA: “Inflation from 1964 to 1988: $100 is worth $382 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1964-to-1988/
APA: InflationCalculator.com. Inflation from 1964 to 1988. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1964-to-1988/
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.