Between 1966 and 2012, the Consumer Price Index went from 32.4 to 229.594.
Cumulatively, prices increased 608.6%, which works out to an average of
4.35% per year. Put differently, a dollar in 1966 bought what
$0.14 buys in 2012.
Common amounts: 1966 dollars in 2012
Amount in 1966
Value in 2012
$1.00
$7.09
$5.00
$35.43
$10.00
$70.86
$20.00
$142
$50.00
$354
$100
$709
$500
$3,543
$1,000
$7,086
$5,000
$35,431
$10,000
$70,862
$100,000
$708,623
$1,000,000
$7,086,235
Inflation by spending category, 1966–2012
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1966 spending costs in 2012, by category:
Category
Avg. yearly inflation
$100 in 1966 →
All items (CPI-U)
4.35%
$709
Medical care
6.18%
$1,578
Energy
5.26%
$1,056
Food
4.29%
$692
Core (all items less food & energy)
4.27%
$686
Transportation
4.23%
$673
Apparel
2.08%
$258
Not shown because the BLS began these indexes after 1966: 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 1966 to 2012: $100 is worth $709 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1966-to-2012/
APA: InflationCalculator.com. Inflation from 1966 to 2012. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1966-to-2012/