$100 in 1967 is worth $110 in 1969,
because prices increased 9.9% over that period, an average of
4.82% a year.
$100 in 1967 has
the same buying power as
$110
in 1969
Detailed inflation statistics
Cumulative price change
9.9%
Average inflation rate
4.82% per year
Converted amount ($100 base)
$110
Price difference ($100 base)
$9.88
CPI in 1967
33.4
CPI in 1969
36.7
Inflation in 1967
3.09%
Inflation in 1969
5.46%
$100 in 1967 → 1969
$110
$100 in 1969 → 1967
$91.01
What happened to prices between 1967 and 1969
Between 1967 and 1969, the Consumer Price Index went from 33.4 to 36.7.
Cumulatively, prices increased 9.9%, which works out to an average of
4.82% per year. Put differently, a dollar in 1967 bought what
$0.91 buys in 1969: the 1967 dollar
lost 9.0% of its purchasing power over
these 2 years.
Consumer prices rose 3.1% in 1967, up from 1966’s 2.9% as
Vietnam War spending kept climbing alongside expanding Great Society
programs, a combination of rising military and domestic outlays that
economists later blamed for entrenching inflation through the rest of the
decade. The minimum wage rose that February 1, to $1.40 an hour, the
first step of a phased increase Congress had set the year before. Urban
unrest reached a peak that July, when days of rioting left 26 dead in
Newark and 43 dead in Detroit, the deadliest of that summer’s roughly 160
disturbances; Johnson responded by forming the Kerner Commission to study
the causes of the unrest. The Supreme Court gained its first Black
justice that year too: the Senate confirmed Thurgood Marshall on August
30, and he was sworn in that October after serving as U.S. Solicitor
General and, before that, as the lead attorney in Brown v. Board of
Education. Consumer prices finished 1967 237.4% above their
1913 level. First-class postage held at 5 cents.
Every 1967 amount converts to 1969 at the same ratio, 1.10: $1,000 becomes
$1,099, and $10,000 becomes $10,988.
Amount in 1967
Value in 1969
$1.00
$1.10
$5.00
$5.49
$10.00
$10.99
$20.00
$21.98
$50.00
$54.94
$100
$110
$500
$549
$1,000
$1,099
$5,000
$5,494
$10,000
$10,988
$100,000
$109,880
$1,000,000
$1,098,802
Inflation by spending category, 1967–1969
Between 1967 and 1969, medical care rose the most, up 13.1%, while energy rose the least, up 4.2%, against 9.9% for all items. The headline number is an average; here is what $100 of 1967
spending costs in 1969, by category:
Category
Avg. yearly inflation
$100 in 1967 →
All items (CPI-U)
4.82%
$110
Medical care
6.36%
$113
Apparel
5.53%
$111
Core (all items less food & energy)
5.20%
$111
Housing
5.07%
$110
Food
4.31%
$109
Transportation
3.54%
$107
Energy
2.08%
$104
Not shown because the BLS began these indexes after 1967: recreation (1993–), education & communication (1993–).
Year by year: CPI and the value of $100 from 1967
$100 from 1967 had already become $104 by
1968, on its way to $110 in 1969; each row shows the CPI, that
year's inflation rate, and the running value.
Within the span, inflation peaked at 5.5% in 1969, and the smallest rise was 4.2% in 1968.
In 1969, prices rose 5.5% and $100 from 1967 had the buying
power of $110; the year's average CPI of 36.7 is the level
behind every 1969 figure on this page.
Consumer prices rose 5.5% in 1969, up from 1968’s 4.2% and
the fastest pace since the Korean War era, as years of Vietnam War
spending, a labor market with unemployment under 4%, and expansionary
fiscal policy finally showed up fully in prices. Richard Nixon was
inaugurated that January 20, pledging to curb rising prices without wage
and price controls, a position he would reverse within two years. The
decade’s most triumphant moment came that July 20, when Neil Armstrong
and Buzz Aldrin walked on the Moon while Michael Collins orbited above,
fulfilling the goal Kennedy had set in 1961 of landing a man on the lunar
surface before the decade’s end. Culture and protest both reached new
extremes that year: an estimated 400,000 people gathered on a dairy farm
in Bethel, New York, for the Woodstock music festival that August, and a
police raid on the Stonewall Inn in New York’s Greenwich Village that
June touched off days of resistance now credited with launching the
modern gay rights movement. Consumer prices finished the decade 270.7%
above their 1913 level, up 24.0% from where they stood in
1960. The 1960s had opened with inflation near 1% a year and closed with
prices rising faster than at any point since Korea, setting up the Great
Inflation that would define the
1970s. First-class postage held at 6 cents, and the minimum wage stayed
at $1.60 an hour.
MLA: “Inflation from 1967 to 1969: $100 is worth $110 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1967-to-1969/
APA: InflationCalculator.com. Inflation from 1967 to 1969. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1967-to-1969/