Between 1966 and 1967, the Consumer Price Index went from 32.4 to 33.4.
Cumulatively, prices increased 3.1%, which works out to an average of
3.09% per year. Put differently, a dollar in 1966 bought what
$0.97 buys in 1967.
Common amounts: 1966 dollars in 1967
Amount in 1966
Value in 1967
$1.00
$1.03
$5.00
$5.15
$10.00
$10.31
$20.00
$20.62
$50.00
$51.54
$100
$103
$500
$515
$1,000
$1,031
$5,000
$5,154
$10,000
$10,309
$100,000
$103,086
$1,000,000
$1,030,864
Inflation by spending category, 1966–1967
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1966 spending costs in 1967, by category:
Category
Avg. yearly inflation
$100 in 1966 →
All items (CPI-U)
3.09%
$103
Medical care
7.22%
$107
Apparel
4.08%
$104
Core (all items less food & energy)
3.58%
$104
Transportation
3.10%
$103
Energy
2.15%
$102
Food
0.89%
$101
Not shown because the BLS began these indexes after 1966: housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1966 to 1967: $100 is worth $103 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1966-to-1967/
APA: InflationCalculator.com. Inflation from 1966 to 1967. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1966-to-1967/