U.S. inflation · 1967–1988
$100 in 1967 has the same buying power as
$354
in 1988
| Cumulative price change | 254.2% |
|---|---|
| Average inflation rate | 6.21% per year |
| Converted amount ($100 base) | $354 |
| Price difference ($100 base) | $254 |
| CPI in 1967 | 33.4 |
| CPI in 1988 | 118.3 |
| Inflation in 1967 | 3.09% |
| Inflation in 1988 | 4.14% |
| $100 in 1967 → 1988 | $354 |
| $100 in 1988 → 1967 | $28.23 |
Between 1967 and 1988, the Consumer Price Index went from 33.4 to 118.3. Cumulatively, prices increased 254.2%, which works out to an average of 6.21% per year. Put differently, a dollar in 1967 bought what $0.28 buys in 1988.
| Amount in 1967 | Value in 1988 |
|---|---|
| $1.00 | $3.54 |
| $5.00 | $17.71 |
| $10.00 | $35.42 |
| $20.00 | $70.84 |
| $50.00 | $177 |
| $100 | $354 |
| $500 | $1,771 |
| $1,000 | $3,542 |
| $5,000 | $17,710 |
| $10,000 | $35,419 |
| $100,000 | $354,192 |
| $1,000,000 | $3,541,916 |
The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1967 spending costs in 1988, by category:
| Category | Avg. yearly inflation | $100 in 1967 → |
|---|---|---|
| All items (CPI-U) | 6.21% | $354 |
| Medical care | 7.88% | $491 |
| Housing | 6.63% | $385 |
| Energy | 6.50% | $375 |
| Core (all items less food & energy) | 6.23% | $356 |
| Food | 6.10% | $347 |
| Transportation | 5.80% | $326 |
| Apparel | 3.97% | $226 |
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 |
| 1984 | 103.9 | 4.3% | $311 |
| 1985 | 107.6 | 3.6% | $322 |
| 1986 | 109.6 | 1.9% | $328 |
| 1987 | 113.6 | 3.6% | $340 |
| 1988 | 118.3 | 4.1% | $354 |
MLA: “Inflation from 1967 to 1988: $100 is worth $354 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1967-to-1988/
APA: InflationCalculator.com. Inflation from 1967 to 1988. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1967-to-1988/
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.