Between 1967 and 1971, the Consumer Price Index went from 33.4 to 40.5.
Cumulatively, prices increased 21.3%, which works out to an average of
4.94% per year. Put differently, a dollar in 1967 bought what
$0.82 buys in 1971.
Common amounts: 1967 dollars in 1971
Amount in 1967
Value in 1971
$1.00
$1.21
$5.00
$6.06
$10.00
$12.13
$20.00
$24.25
$50.00
$60.63
$100
$121
$500
$606
$1,000
$1,213
$5,000
$6,063
$10,000
$12,126
$100,000
$121,257
$1,000,000
$1,212,575
Inflation by spending category, 1967–1971
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1967 spending costs in 1971, by category:
Category
Avg. yearly inflation
$100 in 1967 →
All items (CPI-U)
4.94%
$121
Medical care
6.37%
$128
Housing
5.39%
$123
Core (all items less food & energy)
5.32%
$123
Apparel
4.62%
$120
Transportation
4.36%
$119
Food
4.33%
$118
Energy
2.72%
$111
Not shown because the BLS began these indexes after 1967: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1967 to 1971: $100 is worth $121 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1967-to-1971/
APA: InflationCalculator.com. Inflation from 1967 to 1971. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1967-to-1971/