Between 1967 and 1968, the Consumer Price Index went from 33.4 to 34.8.
Cumulatively, prices increased 4.2%, which works out to an average of
4.19% per year. Put differently, a dollar in 1967 bought what
$0.96 buys in 1968.
Common amounts: 1967 dollars in 1968
Amount in 1967
Value in 1968
$1.00
$1.04
$5.00
$5.21
$10.00
$10.42
$20.00
$20.84
$50.00
$52.10
$100
$104
$500
$521
$1,000
$1,042
$5,000
$5,210
$10,000
$10,419
$100,000
$104,192
$1,000,000
$1,041,916
Inflation by spending category, 1967–1968
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1967 spending costs in 1968, by category:
Category
Avg. yearly inflation
$100 in 1967 →
All items (CPI-U)
4.19%
$104
Medical care
6.03%
$106
Apparel
5.29%
$105
Core (all items less food & energy)
4.61%
$105
Housing
3.90%
$104
Food
3.52%
$104
Transportation
3.00%
$103
Energy
1.68%
$102
Not shown because the BLS began these indexes after 1967: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1967 to 1968: $100 is worth $104 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1967-to-1968/
APA: InflationCalculator.com. Inflation from 1967 to 1968. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1967-to-1968/