Between 1965 and 1968, the Consumer Price Index went from 31.5 to 34.8.
Cumulatively, prices increased 10.5%, which works out to an average of
3.38% per year. Put differently, a dollar in 1965 bought what
$0.91 buys in 1968.
Common amounts: 1965 dollars in 1968
Amount in 1965
Value in 1968
$1.00
$1.10
$5.00
$5.52
$10.00
$11.05
$20.00
$22.10
$50.00
$55.24
$100
$110
$500
$552
$1,000
$1,105
$5,000
$5,524
$10,000
$11,048
$100,000
$110,476
$1,000,000
$1,104,762
Inflation by spending category, 1965–1968
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1965 spending costs in 1968, by category:
Category
Avg. yearly inflation
$100 in 1965 →
All items (CPI-U)
3.38%
$110
Medical care
5.87%
$119
Apparel
3.96%
$112
Core (all items less food & energy)
3.54%
$111
Food
3.11%
$110
Transportation
2.45%
$108
Energy
1.86%
$106
Not shown because the BLS began these indexes after 1965: housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1965 to 1968: $100 is worth $110 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1965-to-1968/
APA: InflationCalculator.com. Inflation from 1965 to 1968. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1965-to-1968/