Between 1967 and 1976, the Consumer Price Index went from 33.4 to 56.9.
Cumulatively, prices increased 70.4%, which works out to an average of
6.10% per year. Put differently, a dollar in 1967 bought what
$0.59 buys in 1976.
Common amounts: 1967 dollars in 1976
Amount in 1967
Value in 1976
$1.00
$1.70
$5.00
$8.52
$10.00
$17.04
$20.00
$34.07
$50.00
$85.18
$100
$170
$500
$852
$1,000
$1,704
$5,000
$8,518
$10,000
$17,036
$100,000
$170,359
$1,000,000
$1,703,593
Inflation by spending category, 1967–1976
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1967 spending costs in 1976, by category:
Category
Avg. yearly inflation
$100 in 1967 →
All items (CPI-U)
6.10%
$170
Energy
7.36%
$189
Medical care
7.04%
$184
Food
6.79%
$181
Housing
6.39%
$175
Transportation
5.75%
$165
Core (all items less food & energy)
5.75%
$165
Apparel
4.41%
$147
Not shown because the BLS began these indexes after 1967: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1967 to 1976: $100 is worth $170 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1967-to-1976/
APA: InflationCalculator.com. Inflation from 1967 to 1976. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1967-to-1976/