Cost of a Postage Stamp in 1961 Adjusted for Inflation

A first class mail postage stamp cost $0.04 in 1961. How much is that worth in current dollars when taking inflation into account? How much is US postage stamp for first class mail in 1961 worth now adjusted for inflation? The price of a stamp was $0.04 in 1961.
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$0.04 from 1961 to 2024 adjusted for inflation. We use the Consumer Price Index provided by the Bureau of Labor Statistics. They aggregate prices over time to determine the CPI.
How much is 0.04 in 1961 worth in current dollars?
What was the rate of inflation since 1961 on 0.04?
How has the cost of living changed since 1961?
What was the value of $0.04 in 1961? Every year, the US dollar is usually worth less due to inflation. We calculate what $0.04 in 1961 is worth now.