Between 1965 and 2008, the Consumer Price Index went from 31.5 to 215.303.
Cumulatively, prices increased 583.5%, which works out to an average of
4.57% per year. Put differently, a dollar in 1965 bought what
$0.15 buys in 2008.
Common amounts: 1965 dollars in 2008
Amount in 1965
Value in 2008
$1.00
$6.84
$5.00
$34.18
$10.00
$68.35
$20.00
$137
$50.00
$342
$100
$684
$500
$3,418
$1,000
$6,835
$5,000
$34,175
$10,000
$68,350
$100,000
$683,502
$1,000,000
$6,835,016
Inflation by spending category, 1965–2008
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1965 spending costs in 2008, by category:
Category
Avg. yearly inflation
$100 in 1965 →
All items (CPI-U)
4.57%
$684
Medical care
6.41%
$1,445
Energy
5.58%
$1,033
Food
4.50%
$665
Core (all items less food & energy)
4.48%
$659
Transportation
4.31%
$613
Apparel
2.14%
$249
Not shown because the BLS began these indexes after 1965: housing (1967–), recreation (1993–), education & communication (1993–).
Long periods are sampled every 2 years; the calculator above covers any pair of years.
Cite this page
MLA: “Inflation from 1965 to 2008: $100 is worth $684 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1965-to-2008/
APA: InflationCalculator.com. Inflation from 1965 to 2008. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1965-to-2008/