1.28× price rise
Average US inflation: 3.17% a year over 8 years. Prices did not double in this span. Highest year: 1970 (5.9%). Lowest: 1963 (1.3%).
| 1962 | in 1970 | 1970 amount in 1962 money |
|---|---|---|
| $1 | $1.28 | $0.78 |
| $10 | $12.84 | $7.79 |
| $100 | $128.39 | $77.89 |
| $1,000 | $1,283.88 | $778.89 |
| $10,000 | $12,838.81 | $7,788.89 |
| $100,000 | $128,388.06 | $77,888.87 |
| Year | Value | Inflation |
|---|---|---|
| 1962 | $100.00 | |
| 1963 | $101.26 | 1.3% |
| 1964 | $102.59 | 1.3% |
| 1965 | $104.21 | 1.6% |
| 1966 | $107.33 | 3.0% |
| 1967 | $110.32 | 2.8% |
| 1968 | $115.00 | 4.2% |
| 1969 | $121.25 | 5.4% |
| 1970 | $128.39 | 5.9% |
1962–1969 · 1962–1971 · All years
$100 in 1962 had about the same buying power as $128.39 in 1970, based on US consumer price index data.
About 3.17% per year, compounding to a 28.4% total rise in prices over 8 years.
1970 saw the largest annual rise in the index (5.9%); the lowest was 1963 (1.3%).