U.S. inflation rate in 1967: 3.09%

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U.S. Inflation Rate, 1967-2017 ($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, the dollar experienced an average inflation rate of 4.06% per year. Prices in 2017 are 633.0% higher than prices in 1967.

In other words, $1 in the year 1967 is equivalent to $7.33 in 2017, a difference of $6.33 over 50 years.

The current inflation rate in 2017 is 1.99%1. If this number holds, $1 today will be equivalent to $1.02 next year.

Inflation from 1967 to 2017
Cumulative price change 633.00%
Average inflation rate 4.06%
Price difference ($1 base) $6.33
CPI in 1967 33.4
CPI in 2017 244.786


U.S. inflation from 1913 to 2017


Inflation rates for specific categories

Public transportation · Dental services · Housing · 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 2017 / CPI in 1967 * 1967 USD value = 2017 USD value

Then plug in historical CPI values. The U.S. CPI was 33.4 in the year 1967 and 244.786 in 2017:

244.786 / 33.4 * $1 = $7.33

The "purchasing power" of $1 from 1967 is $7.33 in 2017.


News headlines from 1967

Politics and news often play an important role in economic performance.

  • 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: 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.


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