Between 1968 and 2011, the Consumer Price Index went from 34.8 to 224.939.
Cumulatively, prices increased 546.4%, which works out to an average of
4.44% per year. Put differently, a dollar in 1968 bought what
$0.15 buys in 2011.
Common amounts: 1968 dollars in 2011
Amount in 1968
Value in 2011
$1.00
$6.46
$5.00
$32.32
$10.00
$64.64
$20.00
$129
$50.00
$323
$100
$646
$500
$3,232
$1,000
$6,464
$5,000
$32,319
$10,000
$64,638
$100,000
$646,376
$1,000,000
$6,463,764
Inflation by spending category, 1968–2011
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1968 spending costs in 2011, by category:
Category
Avg. yearly inflation
$100 in 1968 →
All items (CPI-U)
4.44%
$646
Medical care
6.22%
$1,339
Energy
5.52%
$1,008
Housing
4.58%
$685
Food
4.43%
$645
Core (all items less food & energy)
4.33%
$620
Transportation
4.33%
$619
Apparel
1.93%
$227
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 2011: $100 is worth $646 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1968-to-2011/
APA: InflationCalculator.com. Inflation from 1968 to 2011. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1968-to-2011/