Between 1966 and 1977, the Consumer Price Index went from 32.4 to 60.6.
Cumulatively, prices increased 87.0%, which works out to an average of
5.86% per year. Put differently, a dollar in 1966 bought what
$0.53 buys in 1977.
Common amounts: 1966 dollars in 1977
Amount in 1966
Value in 1977
$1.00
$1.87
$5.00
$9.35
$10.00
$18.70
$20.00
$37.41
$50.00
$93.52
$100
$187
$500
$935
$1,000
$1,870
$5,000
$9,352
$10,000
$18,704
$100,000
$187,037
$1,000,000
$1,870,370
Inflation by spending category, 1966–1977
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1966 spending costs in 1977, by category:
Category
Avg. yearly inflation
$100 in 1966 →
All items (CPI-U)
5.86%
$187
Medical care
7.28%
$217
Energy
7.07%
$212
Food
6.20%
$194
Transportation
5.63%
$183
Core (all items less food & energy)
5.60%
$182
Apparel
4.39%
$160
Not shown because the BLS began these indexes after 1966: housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1966 to 1977: $100 is worth $187 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1966-to-1977/
APA: InflationCalculator.com. Inflation from 1966 to 1977. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1966-to-1977/