Between 1965 and 1982, the Consumer Price Index went from 31.5 to 96.5.
Cumulatively, prices increased 206.3%, which works out to an average of
6.81% per year. Put differently, a dollar in 1965 bought what
$0.33 buys in 1982.
Common amounts: 1965 dollars in 1982
Amount in 1965
Value in 1982
$1.00
$3.06
$5.00
$15.32
$10.00
$30.63
$20.00
$61.27
$50.00
$153
$100
$306
$500
$1,532
$1,000
$3,063
$5,000
$15,317
$10,000
$30,635
$100,000
$306,349
$1,000,000
$3,063,492
Inflation by spending category, 1965–1982
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1965 spending costs in 1982, by category:
Category
Avg. yearly inflation
$100 in 1965 →
All items (CPI-U)
6.81%
$306
Energy
9.01%
$433
Medical care
7.95%
$367
Transportation
6.76%
$304
Food
6.73%
$302
Core (all items less food & energy)
6.53%
$293
Apparel
4.30%
$205
Not shown because the BLS began these indexes after 1965: housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1965 to 1982: $100 is worth $306 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1965-to-1982/
APA: InflationCalculator.com. Inflation from 1965 to 1982. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1965-to-1982/