U.S. inflation · 1967–1983
$100 in 1967 has the same buying power as
$298
in 1983
| Cumulative price change | 198.2% |
|---|---|
| Average inflation rate | 7.07% per year |
| Converted amount ($100 base) | $298 |
| Price difference ($100 base) | $198 |
| CPI in 1967 | 33.4 |
| CPI in 1983 | 99.6 |
| Inflation in 1967 | 3.09% |
| Inflation in 1983 | 3.21% |
| $100 in 1967 → 1983 | $298 |
| $100 in 1983 → 1967 | $33.53 |
Between 1967 and 1983, the Consumer Price Index went from 33.4 to 99.6. Cumulatively, prices increased 198.2%, which works out to an average of 7.07% per year. Put differently, a dollar in 1967 bought what $0.34 buys in 1983.
| Amount in 1967 | Value in 1983 |
|---|---|
| $1.00 | $2.98 |
| $5.00 | $14.91 |
| $10.00 | $29.82 |
| $20.00 | $59.64 |
| $50.00 | $149 |
| $100 | $298 |
| $500 | $1,491 |
| $1,000 | $2,982 |
| $5,000 | $14,910 |
| $10,000 | $29,820 |
| $100,000 | $298,204 |
| $1,000,000 | $2,982,036 |
The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1967 spending costs in 1983, by category:
| Category | Avg. yearly inflation | $100 in 1967 → |
|---|---|---|
| All items (CPI-U) | 7.07% | $298 |
| Energy | 9.38% | $420 |
| Medical care | 8.27% | $357 |
| Housing | 7.60% | $323 |
| Transportation | 7.07% | $298 |
| Food | 6.92% | $291 |
| Core (all items less food & energy) | 6.81% | $287 |
| Apparel | 4.31% | $196 |
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 |
| 1979 | 72.6 | 11.3% | $217 |
| 1980 | 82.4 | 13.5% | $247 |
| 1981 | 90.9 | 10.3% | $272 |
| 1982 | 96.5 | 6.2% | $289 |
| 1983 | 99.6 | 3.2% | $298 |
MLA: “Inflation from 1967 to 1983: $100 is worth $298 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1967-to-1983/
APA: InflationCalculator.com. Inflation from 1967 to 1983. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1967-to-1983/
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.