U.S. inflation rate in 1965: 1.61%

Inflation Calculator


U.S. Inflation Rate, 1965-2018 ($1)

The consumer price index (CPI) in 1965 was 31.5. the Bureau of Labor Statistics uses this CPI value to track inflation on a monthly basis.

According to the Bureau of Labor Statistics consumer price index, the dollar experienced an average inflation rate of 3.98% per year. Prices in 2018 are 690.0% higher than prices in 1965.

In other words, $1 in the year 1965 is equivalent in purchasing power to $7.90 in 2018, a difference of $6.90 over 53 years.

The current inflation rate in 2018 is 1.72%1. If this number holds, $1 today will be equivalent to $1.02 next year.

Inflation from 1965 to 2018
Cumulative price change 690.00%
Average inflation rate 3.98%
Price difference ($1 base) $6.90
CPI in 1965 31.5
CPI in 2018 248.991

U.S. inflation from 1913 to 2017

Inflation rates for specific categories

Gasoline (all types) · Educational books and supplies · Legal services · More

Inflation-adjusted measures

S&P 500 price · S&P 500 earnings · Shiller P/E

How to calculate the inflation rate for $1 since 1965

Start with the 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 248.991 in 2018:

248.991 / 31.5 * $1 = $7.90

$1 in 1965 has the same "purchasing power" as $7.90 in 2018.

News headlines from 1965

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.” FinanceRef Inflation Calculator, Alioth Finance, 17 Apr. 2018, http://www.in2013dollars.com/inflation-rate-in-1965.

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