$100 in 1967 is worth $161 in 1975,
because prices increased 61.1% over that period, an average of
6.14% a year.
$100 in 1967 has
the same buying power as
$161
in 1975
Detailed inflation statistics
Cumulative price change
61.1%
Average inflation rate
6.14% per year
Converted amount ($100 base)
$161
Price difference ($100 base)
$61.08
CPI in 1967
33.4
CPI in 1975
53.8
Inflation in 1967
3.09%
Inflation in 1975
9.13%
$100 in 1967 → 1975
$161
$100 in 1975 → 1967
$62.08
What happened to prices between 1967 and 1975
Between 1967 and 1975, the Consumer Price Index went from 33.4 to 53.8.
Cumulatively, prices increased 61.1%, which works out to an average of
6.14% per year. Put differently, a dollar in 1967 bought what
$0.62 buys in 1975: the 1967 dollar
lost 37.9% of its purchasing power over
these 8 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 1975 at the same ratio, 1.61: $1,000 becomes
$1,611, and $10,000 becomes $16,108.
Amount in 1967
Value in 1975
$1.00
$1.61
$5.00
$8.05
$10.00
$16.11
$20.00
$32.22
$50.00
$80.54
$100
$161
$500
$805
$1,000
$1,611
$5,000
$8,054
$10,000
$16,108
$100,000
$161,078
$1,000,000
$1,610,778
Inflation by spending category, 1967–1975
Between 1967 and 1975, energy rose the most, up 76.9%, while apparel rose the least, up 42.2%, against 61.1% for all items. The headline number is an average; here is what $100 of 1967
spending costs in 1975, by category:
Category
Avg. yearly inflation
$100 in 1967 →
All items (CPI-U)
6.14%
$161
Energy
7.39%
$177
Food
7.27%
$175
Medical care
6.73%
$168
Housing
6.43%
$165
Core (all items less food & energy)
5.66%
$155
Transportation
5.24%
$150
Apparel
4.50%
$142
Not shown because the BLS began these indexes after 1967: recreation (1993–), education & communication (1993–).
Decade by decade: 1967 to 1975
Prices climbed fastest in the 1970s, averaging 6.76% a year, and slowest in the 1960s (5.12% a year). Each step below chains into the full 1967–1975 change:
Years
Avg. yearly inflation
Price change
$100 from 1967, at end
1967–1970
5.12%
16.2%
$116
1970–1975
6.76%
38.7%
$161
Year by year: CPI and the value of $100 from 1967
$100 from 1967 had already become $121 by
1971, on its way to $161 in 1975; each row shows the CPI, that
year's inflation rate, and the running value.
Within the span, inflation peaked at 11.0% in 1974, and the smallest rise was 3.2% in 1972.
In 1975, prices rose 9.1% and $100 from 1967 had the buying
power of $161; the year's average CPI of 53.8 is the level
behind every 1975 figure on this page.
Consumer prices rose 9.1% in 1975, easing slightly from 1974’s
11.0% but still running far above anything the country had experienced before
the decade began. The recession that started in November 1973, the deepest
since the Great Depression, bottomed out that March, yet unemployment kept
climbing through the year and touched 9%, a combination of high inflation and
high joblessness that had no precedent in the postwar data. Vietnam ended
that April 30, when North Vietnamese forces captured Saigon and the last
Americans were evacuated by helicopter from the U.S. embassy roof. Fiscal
strain hit closer to home too: New York City, facing bankruptcy after years
of borrowing to paper over budget gaps, asked Washington for help that
October. President Ford’s initial refusal produced the Daily News headline
“Ford to City: Drop Dead,” though he ultimately signed a federal loan package
that December. Amid the gloom, Bill Gates and Paul Allen founded Microsoft
that April in Albuquerque, New Mexico, to sell a version of the BASIC
programming language for the Altair 8800, one of the first personal
computers sold to hobbyists. A median household earned $11,800 in 1975, a new
home sold for a median $39,300, and first-class postage held at 10 cents,
unchanged since 1974’s increase. Consumer prices stood 443.4%
above their 1913 level, with the decade barely past its
midpoint.
MLA: “Inflation from 1967 to 1975: $100 is worth $161 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1967-to-1975/
APA: InflationCalculator.com. Inflation from 1967 to 1975. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1967-to-1975/