U.S. inflation rate in 1967: 3.09%

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U.S. Inflation Rate, 1967-2018 ($1)

The consumer price index (CPI) in 1967 was 33.4. 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 4.00% per year. Prices in 2018 are 639.0% higher than prices in 1967.

In other words, $1 in the year 1967 is equivalent in purchasing power to $7.39 in 2018, a difference of $6.39 over 51 years.

The current inflation rate in 2018 is 0.77%1. If this number holds, $1 today will be equivalent to $1.01 next year.

Inflation from 1967 to 2018
Cumulative price change 639.00%
Average inflation rate 4.00%
Price difference ($1 base) $6.39
CPI in 1967 33.4
CPI in 2018 246.669


U.S. inflation from 1913 to 2017


Inflation rates for specific categories

Rent of primary residence · Dental services · Alcoholic beverages · More

Inflation-adjusted measures

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

How to calculate the inflation rate for $1 since 1967

Start with the inflation rate formula:

CPI in 2018 / CPI in 1967 * 1967 USD value = 2018 USD value

Then plug in historical CPI values. The U.S. CPI was 33.4 in the year 1967 and 246.669 in 2018:

246.669 / 33.4 * $1 = $7.39

$1 in 1967 has the same "purchasing power" as $7.39 in 2018.


News headlines from 1967

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

  • The largest US airborne assault since WWII occurs in Vietnam, known as Operation Junction City: 25,000 United States and South Vietnamese troops attack the Viet Cong.
  • The world's first ATM machine is installed in London.
  • The 6-day War begins between Israel and the Arabs.

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 1967 | Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 17 Jan. 2018, http://www.in2013dollars.com/inflation-rate-in-1967.


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