Between 1968 and 1975, the Consumer Price Index went from 34.8 to 53.8.
Cumulatively, prices increased 54.6%, which works out to an average of
6.42% per year. Put differently, a dollar in 1968 bought what
$0.65 buys in 1975.
Common amounts: 1968 dollars in 1975
Amount in 1968
Value in 1975
$1.00
$1.55
$5.00
$7.73
$10.00
$15.46
$20.00
$30.92
$50.00
$77.30
$100
$155
$500
$773
$1,000
$1,546
$5,000
$7,730
$10,000
$15,460
$100,000
$154,598
$1,000,000
$1,545,977
Inflation by spending category, 1968–1975
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1968 spending costs in 1975, by category:
Category
Avg. yearly inflation
$100 in 1968 →
All items (CPI-U)
6.42%
$155
Energy
8.23%
$174
Food
7.82%
$169
Medical care
6.84%
$159
Housing
6.80%
$158
Core (all items less food & energy)
5.81%
$148
Transportation
5.56%
$146
Apparel
4.38%
$135
Not shown because the BLS began these indexes after 1968: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1968 to 1975: $100 is worth $155 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1968-to-1975/
APA: InflationCalculator.com. Inflation from 1968 to 1975. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1968-to-1975/