Between 1964 and 1994, the Consumer Price Index went from 31 to 148.2.
Cumulatively, prices increased 378.1%, which works out to an average of
5.35% per year. Put differently, a dollar in 1964 bought what
$0.21 buys in 1994.
Common amounts: 1964 dollars in 1994
Amount in 1964
Value in 1994
$1.00
$4.78
$5.00
$23.90
$10.00
$47.81
$20.00
$95.61
$50.00
$239
$100
$478
$500
$2,390
$1,000
$4,781
$5,000
$23,903
$10,000
$47,806
$100,000
$478,065
$1,000,000
$4,780,645
Inflation by spending category, 1964–1994
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1964 spending costs in 1994, by category:
Category
Avg. yearly inflation
$100 in 1964 →
All items (CPI-U)
5.35%
$478
Medical care
7.43%
$858
Core (all items less food & energy)
5.40%
$485
Energy
5.26%
$465
Food
5.20%
$458
Transportation
4.96%
$428
Apparel
3.52%
$282
Not shown because the BLS began these indexes after 1964: housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1964 to 1994: $100 is worth $478 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1964-to-1994/
APA: InflationCalculator.com. Inflation from 1964 to 1994. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1964-to-1994/