Between 1966 and 2022, the Consumer Price Index went from 32.4 to 292.655.
Cumulatively, prices increased 803.3%, which works out to an average of
4.01% per year. Put differently, a dollar in 1966 bought what
$0.11 buys in 2022.
Common amounts: 1966 dollars in 2022
Amount in 1966
Value in 2022
$1.00
$9.03
$5.00
$45.16
$10.00
$90.33
$20.00
$181
$50.00
$452
$100
$903
$500
$4,516
$1,000
$9,033
$5,000
$45,163
$10,000
$90,326
$100,000
$903,256
$1,000,000
$9,032,562
Inflation by spending category, 1966–2022
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1966 spending costs in 2022, by category:
Category
Avg. yearly inflation
$100 in 1966 →
All items (CPI-U)
4.01%
$903
Medical care
5.57%
$2,078
Energy
4.66%
$1,280
Food
4.01%
$904
Core (all items less food & energy)
3.96%
$879
Transportation
3.84%
$825
Apparel
1.72%
$259
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.
The destination year: 2022
2022 was the year inflation returned. Consumer prices rose 8.0% on average,
the worst since 1981, driven by pandemic-era supply chains, stimulus-fueled
demand, and an energy shock from the war in Ukraine. Gas briefly topped $5 a
gallon nationally for the first time ever, and “inflation” became the
top-ranked economic concern in nearly every poll of American households.
MLA: “Inflation from 1966 to 2022: $100 is worth $903 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1966-to-2022/
APA: InflationCalculator.com. Inflation from 1966 to 2022. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1966-to-2022/