Between 1967 and 1974, the Consumer Price Index went from 33.4 to 49.3.
Cumulatively, prices increased 47.6%, which works out to an average of
5.72% per year. Put differently, a dollar in 1967 bought what
$0.68 buys in 1974.
Common amounts: 1967 dollars in 1974
Amount in 1967
Value in 1974
$1.00
$1.48
$5.00
$7.38
$10.00
$14.76
$20.00
$29.52
$50.00
$73.80
$100
$148
$500
$738
$1,000
$1,476
$5,000
$7,380
$10,000
$14,760
$100,000
$147,605
$1,000,000
$1,476,048
Inflation by spending category, 1967–1974
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1967 spending costs in 1974, by category:
Category
Avg. yearly inflation
$100 in 1967 →
All items (CPI-U)
5.72%
$148
Food
7.10%
$162
Energy
6.95%
$160
Medical care
6.00%
$150
Housing
5.83%
$149
Core (all items less food & energy)
5.18%
$142
Transportation
4.66%
$138
Apparel
4.50%
$136
Not shown because the BLS began these indexes after 1967: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1967 to 1974: $100 is worth $148 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1967-to-1974/
APA: InflationCalculator.com. Inflation from 1967 to 1974. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1967-to-1974/