Between 1968 and 2007, the Consumer Price Index went from 34.8 to 207.342.
Cumulatively, prices increased 495.8%, which works out to an average of
4.68% per year. Put differently, a dollar in 1968 bought what
$0.17 buys in 2007.
Common amounts: 1968 dollars in 2007
Amount in 1968
Value in 2007
$1.00
$5.96
$5.00
$29.79
$10.00
$59.58
$20.00
$119
$50.00
$298
$100
$596
$500
$2,979
$1,000
$5,958
$5,000
$29,791
$10,000
$59,581
$100,000
$595,810
$1,000,000
$5,958,103
Inflation by spending category, 1968–2007
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1968 spending costs in 2007, by category:
Category
Avg. yearly inflation
$100 in 1968 →
All items (CPI-U)
4.68%
$596
Medical care
6.52%
$1,174
Energy
5.67%
$858
Housing
4.94%
$655
Core (all items less food & energy)
4.61%
$581
Food
4.59%
$575
Transportation
4.41%
$538
Apparel
2.06%
$222
Not shown because the BLS began these indexes after 1968: recreation (1993–), education & communication (1993–).
Long periods are sampled every 2 years; the calculator above covers any pair of years.
Cite this page
MLA: “Inflation from 1968 to 2007: $100 is worth $596 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1968-to-2007/
APA: InflationCalculator.com. Inflation from 1968 to 2007. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1968-to-2007/