Between 1965 and 1973, the Consumer Price Index went from 31.5 to 44.4.
Cumulatively, prices increased 41.0%, which works out to an average of
4.38% per year. Put differently, a dollar in 1965 bought what
$0.71 buys in 1973.
Common amounts: 1965 dollars in 1973
Amount in 1965
Value in 1973
$1.00
$1.41
$5.00
$7.05
$10.00
$14.10
$20.00
$28.19
$50.00
$70.48
$100
$141
$500
$705
$1,000
$1,410
$5,000
$7,048
$10,000
$14,095
$100,000
$140,952
$1,000,000
$1,409,524
Inflation by spending category, 1965–1973
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1965 spending costs in 1973, by category:
Category
Avg. yearly inflation
$100 in 1965 →
All items (CPI-U)
4.38%
$141
Medical care
5.54%
$154
Food
5.17%
$150
Core (all items less food & energy)
4.24%
$139
Apparel
3.84%
$135
Transportation
3.25%
$129
Energy
3.17%
$128
Not shown because the BLS began these indexes after 1965: housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1965 to 1973: $100 is worth $141 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1965-to-1973/
APA: InflationCalculator.com. Inflation from 1965 to 1973. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1965-to-1973/