Between 1965 and 1971, the Consumer Price Index went from 31.5 to 40.5.
Cumulatively, prices increased 28.6%, which works out to an average of
4.28% per year. Put differently, a dollar in 1965 bought what
$0.78 buys in 1971.
Common amounts: 1965 dollars in 1971
Amount in 1965
Value in 1971
$1.00
$1.29
$5.00
$6.43
$10.00
$12.86
$20.00
$25.71
$50.00
$64.29
$100
$129
$500
$643
$1,000
$1,286
$5,000
$6,429
$10,000
$12,857
$100,000
$128,571
$1,000,000
$1,285,714
Inflation by spending category, 1965–1971
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1965 spending costs in 1971, by category:
Category
Avg. yearly inflation
$100 in 1965 →
All items (CPI-U)
4.28%
$129
Medical care
6.17%
$143
Core (all items less food & energy)
4.55%
$131
Apparel
4.18%
$128
Food
3.85%
$125
Transportation
3.63%
$124
Energy
2.46%
$116
Not shown because the BLS began these indexes after 1965: housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1965 to 1971: $100 is worth $129 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1965-to-1971/
APA: InflationCalculator.com. Inflation from 1965 to 1971. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1965-to-1971/