# U.S. inflation rate in 1965: 1.61%

## Inflation Calculator

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### Inflation since 1965 and its effect on dollar value

The consumer price index (CPI) in 1965 was 31.5. It was 31 in the previous year. This change in CPI is used by the Bureau of Labor Statistics to calculate inflation.

According to the Bureau of Labor Statistics consumer price index, the dollar experienced an average inflation rate of 4.00% per year. Prices in 2018 are 698.7% higher than prices in 1965.

In other words, \$100 in 1965 is equivalent in purchasing power to \$798.70 in 2018, a difference of \$698.70 over 53 years.

The current inflation rate is now 2.80%1. If this number holds, \$100 today will be equivalent to \$102.80 next year. The current inflation rate page gives more detail on the latest official inflation rates.

 Cumulative price change 698.70% Average inflation rate 4.00% Converted amount (\$100 base) \$798.70 Price difference (\$100 base) \$698.70 CPI in 1965 31.5 CPI in 2018 251.59

#### Inflation rates for specific categories

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### How to calculate the inflation rate for \$100 since 1965

This inflation calculator uses the following inflation rate formula:

CPI in 2018 / CPI in 1965 * 1965 USD value = 2018 USD value

Then plug in historical CPI values. The U.S. CPI was 31.5 in the year 1965 and 251.59 in 2018:

251.59 / 31.5 * \$100 = \$798.70

\$100 in 1965 has the same "purchasing power" or "buying power" as \$798.70 in 2018.

Here are calculations of buying power over time for \$100 in 1965 (price index tracking began in 1913). Each of these USD amounts below is equivalent in terms of what it could buy at the time:
Year USD Value Inflation Rate
1965 \$100.00 1.61%
1966 \$102.86 2.86%
1967 \$106.03 3.09%
1968 \$110.48 4.19%
1969 \$116.51 5.46%
1970 \$123.17 5.72%
1971 \$128.57 4.38%
1972 \$132.70 3.21%
1973 \$140.95 6.22%
1974 \$156.51 11.04%
1975 \$170.79 9.13%
1976 \$180.63 5.76%
1977 \$192.38 6.50%
1978 \$206.98 7.59%
1979 \$230.48 11.35%
1980 \$261.59 13.50%
1981 \$288.57 10.32%
1982 \$306.35 6.16%
1983 \$316.19 3.21%
1984 \$329.84 4.32%
1985 \$341.59 3.56%
1986 \$347.94 1.86%
1987 \$360.63 3.65%
1988 \$375.56 4.14%
1989 \$393.65 4.82%
1990 \$414.92 5.40%
1991 \$432.38 4.21%
1992 \$445.40 3.01%
1993 \$458.73 2.99%
1994 \$470.48 2.56%
1995 \$483.81 2.83%
1996 \$498.10 2.95%
1997 \$509.52 2.29%
1998 \$517.46 1.56%
1999 \$528.89 2.21%
2000 \$546.67 3.36%
2001 \$562.22 2.85%
2002 \$571.11 1.58%
2003 \$584.13 2.28%
2004 \$599.68 2.66%
2005 \$620.00 3.39%
2006 \$640.00 3.23%
2007 \$658.23 2.85%
2008 \$683.50 3.84%
2009 \$681.07 -0.36%
2010 \$692.24 1.64%
2011 \$714.09 3.16%
2012 \$728.87 2.07%
2013 \$739.55 1.46%
2014 \$751.54 1.62%
2015 \$752.43 0.12%
2016 \$761.93 1.26%
2017 \$777.10 1.99%
2018 \$798.70 2.78%*
* Not final. See inflation summary for latest details.

Politics and news often influence economic performance. Here's what was happening at the time:

• Aleksei Leonov, a Soviet cosmonaut, makes the first Spacewalk, when he leaves the Hos spacecraft for 12 minutes.
• Winston Churchill, is given the largest state funeral ever, it takes place in St Paul's Cathedral, London.
• The Supreme Court legalises the use of contraception by married couples.
• France becomes the third nation in space, after launching its first satellite.
• Lyndon B. Johnson, US President, signs the Voting Rights Act, making voting discrimination against minorities illegal.

### Inflation Data Source

Raw data for these calculations comes from the Bureau of Labor Statistics' (CPI), established in 1913. Inflation data from 1665 to 1912 is sourced from a historical study conducted by political science professor Robert Sahr at Oregon State University.

You may use the following MLA citation for this page: “Inflation Rate in 1965 | Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 14 Jun. 2018, https://www.officialdata.org/inflation-rate-in-1965.