U.S. inflation · 1967–1978
$100 in 1967 has the same buying power as
$195
in 1978
| Cumulative price change | 95.2% |
|---|---|
| Average inflation rate | 6.27% per year |
| Converted amount ($100 base) | $195 |
| Price difference ($100 base) | $95.21 |
| CPI in 1967 | 33.4 |
| CPI in 1978 | 65.2 |
| Inflation in 1967 | 3.09% |
| Inflation in 1978 | 7.59% |
| $100 in 1967 → 1978 | $195 |
| $100 in 1978 → 1967 | $51.23 |
Between 1967 and 1978, the Consumer Price Index went from 33.4 to 65.2. Cumulatively, prices increased 95.2%, which works out to an average of 6.27% per year. Put differently, a dollar in 1967 bought what $0.51 buys in 1978.
| Amount in 1967 | Value in 1978 |
|---|---|
| $1.00 | $1.95 |
| $5.00 | $9.76 |
| $10.00 | $19.52 |
| $20.00 | $39.04 |
| $50.00 | $97.60 |
| $100 | $195 |
| $500 | $976 |
| $1,000 | $1,952 |
| $5,000 | $9,760 |
| $10,000 | $19,521 |
| $100,000 | $195,210 |
| $1,000,000 | $1,952,096 |
The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1967 spending costs in 1978, by category:
| Category | Avg. yearly inflation | $100 in 1967 → |
|---|---|---|
| All items (CPI-U) | 6.27% | $195 |
| Energy | 7.46% | $221 |
| Medical care | 7.39% | $219 |
| Food | 7.03% | $211 |
| Housing | 6.63% | $203 |
| Core (all items less food & energy) | 5.95% | $189 |
| Transportation | 5.77% | $185 |
| Apparel | 4.34% | $160 |
Not shown because the BLS began these indexes after 1967: recreation (1993–), education & communication (1993–).
| Year | CPI | Inflation rate | $100 from 1967 |
|---|---|---|---|
| 1967 | 33.4 | 3.1% | $100 |
| 1968 | 34.8 | 4.2% | $104 |
| 1969 | 36.7 | 5.5% | $110 |
| 1970 | 38.8 | 5.7% | $116 |
| 1971 | 40.5 | 4.4% | $121 |
| 1972 | 41.8 | 3.2% | $125 |
| 1973 | 44.4 | 6.2% | $133 |
| 1974 | 49.3 | 11.0% | $148 |
| 1975 | 53.8 | 9.1% | $161 |
| 1976 | 56.9 | 5.8% | $170 |
| 1977 | 60.6 | 6.5% | $181 |
| 1978 | 65.2 | 7.6% | $195 |
MLA: “Inflation from 1967 to 1978: $100 is worth $195 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1967-to-1978/
APA: InflationCalculator.com. Inflation from 1967 to 1978. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1967-to-1978/
Source: U.S. Bureau of Labor Statistics, CPI-U annual averages (series CUUR0000SA0; category indexes listed on the data sources page). See how these numbers are calculated.