Between 1931 and 1955, the Consumer Price Index went from 15.2 to 26.8.
Cumulatively, prices increased 76.3%, which works out to an average of
2.39% per year. Put differently, a dollar in 1931 bought what
$0.57 buys in 1955.
Common amounts: 1931 dollars in 1955
Amount in 1931
Value in 1955
$1.00
$1.76
$5.00
$8.82
$10.00
$17.63
$20.00
$35.26
$50.00
$88.16
$100
$176
$500
$882
$1,000
$1,763
$5,000
$8,816
$10,000
$17,632
$100,000
$176,316
$1,000,000
$1,763,158
Inflation by spending category, 1931–1955
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1931 spending costs in 1955, by category:
Category
Avg. yearly inflation
$100 in 1931 →
All items (CPI-U)
2.39%
$176
Food
3.25%
$216
Apparel
2.82%
$195
Not shown because the BLS began these indexes after 1931: core (all items less food & energy) (1957–), energy (1957–), housing (1967–), medical care (1935–), transportation (1935–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1931 to 1955: $100 is worth $176 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1931-to-1955/
APA: InflationCalculator.com. Inflation from 1931 to 1955. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1931-to-1955/