Between 1968 and 1993, the Consumer Price Index went from 34.8 to 144.5.
Cumulatively, prices increased 315.2%, which works out to an average of
5.86% per year. Put differently, a dollar in 1968 bought what
$0.24 buys in 1993.
Common amounts: 1968 dollars in 1993
Amount in 1968
Value in 1993
$1.00
$4.15
$5.00
$20.76
$10.00
$41.52
$20.00
$83.05
$50.00
$208
$100
$415
$500
$2,076
$1,000
$4,152
$5,000
$20,761
$10,000
$41,523
$100,000
$415,230
$1,000,000
$4,152,299
Inflation by spending category, 1968–1993
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1968 spending costs in 1993, by category:
Category
Avg. yearly inflation
$100 in 1968 →
All items (CPI-U)
5.86%
$415
Medical care
7.93%
$674
Housing
6.12%
$441
Energy
6.01%
$431
Core (all items less food & energy)
5.90%
$419
Food
5.69%
$399
Transportation
5.49%
$380
Apparel
3.72%
$249
Not shown because the BLS began these indexes after 1968: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1968 to 1993: $100 is worth $415 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1968-to-1993/
APA: InflationCalculator.com. Inflation from 1968 to 1993. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1968-to-1993/