$100 in 1967 is worth $939 in 2024,
because prices increased 839.2% over that period, an average of
4.01% a year.
$100 in 1967 has
the same buying power as
$939
in 2024
Detailed inflation statistics
Cumulative price change
839.2%
Average inflation rate
4.01% per year
Converted amount ($100 base)
$939
Price difference ($100 base)
$839
CPI in 1967
33.4
CPI in 2024
313.689
Inflation in 1967
3.09%
Inflation in 2024
2.95%
$100 in 1967 → 2024
$939
$100 in 2024 → 1967
$10.65
What happened to prices between 1967 and 2024
Between 1967 and 2024, the Consumer Price Index went from 33.4 to 313.689.
Cumulatively, prices increased 839.2%, which works out to an average of
4.01% per year. Put differently, a dollar in 1967 bought what
$0.11 buys in 2024: the 1967 dollar
lost 89.4% of its purchasing power over
these 57 years.
Consumer prices rose 3.1% in 1967, up from 1966’s 2.9% as
Vietnam War spending kept climbing alongside expanding Great Society
programs, a combination of rising military and domestic outlays that
economists later blamed for entrenching inflation through the rest of the
decade. The minimum wage rose that February 1, to $1.40 an hour, the
first step of a phased increase Congress had set the year before. Urban
unrest reached a peak that July, when days of rioting left 26 dead in
Newark and 43 dead in Detroit, the deadliest of that summer’s roughly 160
disturbances; Johnson responded by forming the Kerner Commission to study
the causes of the unrest. The Supreme Court gained its first Black
justice that year too: the Senate confirmed Thurgood Marshall on August
30, and he was sworn in that October after serving as U.S. Solicitor
General and, before that, as the lead attorney in Brown v. Board of
Education. Consumer prices finished 1967 237.4% above their
1913 level. First-class postage held at 5 cents.
Every 1967 amount converts to 2024 at the same ratio, 9.39: $1,000 becomes
$9,392, and $10,000 becomes $93,919.
Amount in 1967
Value in 2024
$1.00
$9.39
$5.00
$46.96
$10.00
$93.92
$20.00
$188
$50.00
$470
$100
$939
$500
$4,696
$1,000
$9,392
$5,000
$46,959
$10,000
$93,919
$100,000
$939,189
$1,000,000
$9,391,886
Inflation by spending category, 1967–2024
Between 1967 and 2024, medical care rose the most, up 1899.4%, while apparel rose the least, up 157.8%, against 839.2% for all items. The headline number is an average; here is what $100 of 1967
spending costs in 2024, by category:
Category
Avg. yearly inflation
$100 in 1967 →
All items (CPI-U)
4.01%
$939
Medical care
5.40%
$1,999
Energy
4.42%
$1,175
Housing
4.27%
$1,085
Food
4.06%
$969
Core (all items less food & energy)
3.97%
$919
Transportation
3.74%
$813
Apparel
1.68%
$258
Not shown because the BLS began these indexes after 1967: recreation (1993–), education & communication (1993–).
Decade by decade: 1967 to 2024
Prices climbed fastest in the 1970s, averaging 7.82% a year, and slowest in the 2010s (1.73% a year). Each step below chains into the full 1967–2024 change:
Years
Avg. yearly inflation
Price change
$100 from 1967, at end
1967–1970
5.12%
16.2%
$116
1970–1980
7.82%
112.4%
$247
1980–1990
4.72%
58.6%
$391
1990–2000
2.80%
31.8%
$516
2000–2010
2.39%
26.6%
$653
2010–2020
1.73%
18.7%
$775
2020–2024
4.93%
21.2%
$939
Year by year: CPI and the value of $100 from 1967
$100 from 1967 had already become $456 by
1995, on its way to $939 in 2024; each row shows the CPI, that
year's inflation rate, and the running value.
Within the span, inflation peaked at 13.5% in 1980, and prices fell 0.4% in 2009, the deepest deflation of the period.
Long periods are sampled every 2 years; the calculator above covers any pair of years.
The destination year: 2024
In 2024, prices rose 2.9% and $100 from 1967 had the buying
power of $939; the year's average CPI of 313.689 is the level
behind every 2024 figure on this page.
2024 brought inflation close to normal without fully reaching it. Consumer
prices rose 2.9% on average, the smallest yearly increase since 2020, and the
December-to-December rate was also 2.9%. Gasoline averaged $3.30 a gallon,
below 2023’s $3.52. Shelter stayed the biggest driver of the index, so the
pace of price growth in categories that households can’t easily avoid, such as
rent and insurance, lagged the drop in goods and energy costs.
The Federal Reserve declared progress in September, cutting its policy rate
by half a point, the first reduction since the pandemic emergency, and then
by a quarter point in November and again in December. Mortgage rates near 7%
kept the housing market frozen for many would-be buyers.
Median household income was $83,730, the federal minimum wage stayed at $7.25,
and a first-class stamp rose to 73 cents in July. After the November election,
attention turned to how announced tariffs and tax policy might affect prices
in 2025.
MLA: “Inflation from 1967 to 2024: $100 is worth $939 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1967-to-2024/
APA: InflationCalculator.com. Inflation from 1967 to 2024. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1967-to-2024/