Between 1921 and 1957, the Consumer Price Index went from 17.9 to 28.1.
Cumulatively, prices increased 57.0%, which works out to an average of
1.26% per year. Put differently, a dollar in 1921 bought what
$0.64 buys in 1957.
Common amounts: 1921 dollars in 1957
Amount in 1921
Value in 1957
$1.00
$1.57
$5.00
$7.85
$10.00
$15.70
$20.00
$31.40
$50.00
$78.49
$100
$157
$500
$785
$1,000
$1,570
$5,000
$7,849
$10,000
$15,698
$100,000
$156,983
$1,000,000
$1,569,832
Inflation by spending category, 1921–1957
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1921 spending costs in 1957, by category:
Category
Avg. yearly inflation
$100 in 1921 →
All items (CPI-U)
1.26%
$157
Food
1.67%
$182
Apparel
0.82%
$134
Not shown because the BLS began these indexes after 1921: core (all items less food & energy) (1957–), energy (1957–), housing (1967–), medical care (1935–), transportation (1935–), recreation (1993–), education & communication (1993–).
Long periods are sampled every 2 years; the calculator above covers any pair of years.
Cite this page
MLA: “Inflation from 1921 to 1957: $100 is worth $157 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1921-to-1957/
APA: InflationCalculator.com. Inflation from 1921 to 1957. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1921-to-1957/