Between 1966 and 2024, the Consumer Price Index went from 32.4 to 313.689.
Cumulatively, prices increased 868.2%, which works out to an average of
3.99% per year. Put differently, a dollar in 1966 bought what
$0.10 buys in 2024.
Common amounts: 1966 dollars in 2024
Amount in 1966
Value in 2024
$1.00
$9.68
$5.00
$48.41
$10.00
$96.82
$20.00
$194
$50.00
$484
$100
$968
$500
$4,841
$1,000
$9,682
$5,000
$48,409
$10,000
$96,818
$100,000
$968,176
$1,000,000
$9,681,759
Inflation by spending category, 1966–2024
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1966 spending costs in 2024, by category:
Category
Avg. yearly inflation
$100 in 1966 →
All items (CPI-U)
3.99%
$968
Medical care
5.43%
$2,144
Energy
4.38%
$1,200
Food
4.01%
$977
Core (all items less food & energy)
3.96%
$952
Transportation
3.73%
$838
Apparel
1.72%
$268
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 2024: $100 is worth $968 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1966-to-2024/
APA: InflationCalculator.com. Inflation from 1966 to 2024. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1966-to-2024/