U.S. inflation · 1967–2023
$100 in 1967 has the same buying power as
$912
in 2023
| Cumulative price change | 812.3% |
|---|---|
| Average inflation rate | 4.03% per year |
| Converted amount ($100 base) | $912 |
| Price difference ($100 base) | $812 |
| CPI in 1967 | 33.4 |
| CPI in 2023 | 304.702 |
| Inflation in 1967 | 3.09% |
| Inflation in 2023 | 4.12% |
| $100 in 1967 → 2023 | $912 |
| $100 in 2023 → 1967 | $10.96 |
Between 1967 and 2023, the Consumer Price Index went from 33.4 to 304.702. Cumulatively, prices increased 812.3%, which works out to an average of 4.03% per year. Put differently, a dollar in 1967 bought what $0.11 buys in 2023.
| Amount in 1967 | Value in 2023 |
|---|---|
| $1.00 | $9.12 |
| $5.00 | $45.61 |
| $10.00 | $91.23 |
| $20.00 | $182 |
| $50.00 | $456 |
| $100 | $912 |
| $500 | $4,561 |
| $1,000 | $9,123 |
| $5,000 | $45,614 |
| $10,000 | $91,228 |
| $100,000 | $912,281 |
| $1,000,000 | $9,122,814 |
The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1967 spending costs in 2023, by category:
| Category | Avg. yearly inflation | $100 in 1967 → |
|---|---|---|
| All items (CPI-U) | 4.03% | $912 |
| Medical care | 5.44% | $1,947 |
| Energy | 4.52% | $1,190 |
| Housing | 4.27% | $1,040 |
| Food | 4.10% | $947 |
| Core (all items less food & energy) | 3.98% | $889 |
| Transportation | 3.79% | $802 |
| Apparel | 1.69% | $256 |
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 |
| 1969 | 36.7 | 5.5% | $110 |
| 1971 | 40.5 | 4.4% | $121 |
| 1973 | 44.4 | 6.2% | $133 |
| 1975 | 53.8 | 9.1% | $161 |
| 1977 | 60.6 | 6.5% | $181 |
| 1979 | 72.6 | 11.3% | $217 |
| 1981 | 90.9 | 10.3% | $272 |
| 1983 | 99.6 | 3.2% | $298 |
| 1985 | 107.6 | 3.6% | $322 |
| 1987 | 113.6 | 3.6% | $340 |
| 1989 | 124 | 4.8% | $371 |
| 1991 | 136.2 | 4.2% | $408 |
| 1993 | 144.5 | 3.0% | $433 |
| 1995 | 152.4 | 2.8% | $456 |
| 1997 | 160.5 | 2.3% | $481 |
| 1999 | 166.6 | 2.2% | $499 |
| 2001 | 177.1 | 2.8% | $530 |
| 2003 | 184 | 2.3% | $551 |
| 2005 | 195.3 | 3.4% | $585 |
| 2007 | 207.342 | 2.8% | $621 |
| 2009 | 214.537 | -0.4% | $642 |
| 2011 | 224.939 | 3.2% | $673 |
| 2013 | 232.957 | 1.5% | $697 |
| 2015 | 237.017 | 0.1% | $710 |
| 2017 | 245.12 | 2.1% | $734 |
| 2019 | 255.657 | 1.8% | $765 |
| 2021 | 270.97 | 4.7% | $811 |
| 2023 | 304.702 | 4.1% | $912 |
Long periods are sampled every 2 years; the calculator above covers any pair of years.
MLA: “Inflation from 1967 to 2023: $100 is worth $912 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1967-to-2023/
APA: InflationCalculator.com. Inflation from 1967 to 2023. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1967-to-2023/
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.