Between 1964 and 1997, the Consumer Price Index went from 31 to 160.5.
Cumulatively, prices increased 417.7%, which works out to an average of
5.11% per year. Put differently, a dollar in 1964 bought what
$0.19 buys in 1997.
Common amounts: 1964 dollars in 1997
Amount in 1964
Value in 1997
$1.00
$5.18
$5.00
$25.89
$10.00
$51.77
$20.00
$104
$50.00
$259
$100
$518
$500
$2,589
$1,000
$5,177
$5,000
$25,887
$10,000
$51,774
$100,000
$517,742
$1,000,000
$5,177,419
Inflation by spending category, 1964–1997
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1964 spending costs in 1997, by category:
Category
Avg. yearly inflation
$100 in 1964 →
All items (CPI-U)
5.11%
$518
Medical care
7.07%
$954
Core (all items less food & energy)
5.15%
$525
Food
4.99%
$499
Energy
4.97%
$496
Transportation
4.73%
$460
Apparel
3.18%
$281
Not shown because the BLS began these indexes after 1964: housing (1967–), recreation (1993–), education & communication (1993–).
Long periods are sampled every 2 years; the calculator above covers any pair of years.
Cite this page
MLA: “Inflation from 1964 to 1997: $100 is worth $518 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1964-to-1997/
APA: InflationCalculator.com. Inflation from 1964 to 1997. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1964-to-1997/