Between 1965 and 1978, the Consumer Price Index went from 31.5 to 65.2.
Cumulatively, prices increased 107.0%, which works out to an average of
5.76% per year. Put differently, a dollar in 1965 bought what
$0.48 buys in 1978.
Common amounts: 1965 dollars in 1978
Amount in 1965
Value in 1978
$1.00
$2.07
$5.00
$10.35
$10.00
$20.70
$20.00
$41.40
$50.00
$103
$100
$207
$500
$1,035
$1,000
$2,070
$5,000
$10,349
$10,000
$20,698
$100,000
$206,984
$1,000,000
$2,069,841
Inflation by spending category, 1965–1978
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1965 spending costs in 1978, by category:
Category
Avg. yearly inflation
$100 in 1965 →
All items (CPI-U)
5.76%
$207
Medical care
7.14%
$245
Energy
6.59%
$229
Food
6.39%
$224
Core (all items less food & energy)
5.49%
$200
Transportation
5.21%
$193
Apparel
4.18%
$170
Not shown because the BLS began these indexes after 1965: housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1965 to 1978: $100 is worth $207 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1965-to-1978/
APA: InflationCalculator.com. Inflation from 1965 to 1978. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1965-to-1978/