U.S. inflation · 1951–1960
$100 in 1951 has the same buying power as
$114
in 1960
| Cumulative price change | 13.8% |
|---|---|
| Average inflation rate | 1.45% per year |
| Converted amount ($100 base) | $114 |
| Price difference ($100 base) | $13.85 |
| CPI in 1951 | 26 |
| CPI in 1960 | 29.6 |
| Inflation in 1951 | 7.88% |
| Inflation in 1960 | 1.72% |
| $100 in 1951 → 1960 | $114 |
| $100 in 1960 → 1951 | $87.84 |
Between 1951 and 1960, the Consumer Price Index went from 26 to 29.6. Cumulatively, prices increased 13.8%, which works out to an average of 1.45% per year. Put differently, a dollar in 1951 bought what $0.88 buys in 1960.
| Amount in 1951 | Value in 1960 |
|---|---|
| $1.00 | $1.14 |
| $5.00 | $5.69 |
| $10.00 | $11.38 |
| $20.00 | $22.77 |
| $50.00 | $56.92 |
| $100 | $114 |
| $500 | $569 |
| $1,000 | $1,138 |
| $5,000 | $5,692 |
| $10,000 | $11,385 |
| $100,000 | $113,846 |
| $1,000,000 | $1,138,462 |
The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1951 spending costs in 1960, by category:
| Category | Avg. yearly inflation | $100 in 1951 → |
|---|---|---|
| All items (CPI-U) | 1.45% | $114 |
| Medical care | 3.83% | $140 |
| Transportation | 2.39% | $124 |
| Food | 0.69% | $106 |
| Apparel | 0.45% | $104 |
Not shown because the BLS began these indexes after 1951: core (all items less food & energy) (1957–), energy (1957–), housing (1967–), recreation (1993–), education & communication (1993–).
| Year | CPI | Inflation rate | $100 from 1951 |
|---|---|---|---|
| 1951 | 26 | 7.9% | $100 |
| 1952 | 26.5 | 1.9% | $102 |
| 1953 | 26.7 | 0.8% | $103 |
| 1954 | 26.9 | 0.7% | $103 |
| 1955 | 26.8 | -0.4% | $103 |
| 1956 | 27.2 | 1.5% | $105 |
| 1957 | 28.1 | 3.3% | $108 |
| 1958 | 28.9 | 2.8% | $111 |
| 1959 | 29.1 | 0.7% | $112 |
| 1960 | 29.6 | 1.7% | $114 |
MLA: “Inflation from 1951 to 1960: $100 is worth $114 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1951-to-1960/
APA: InflationCalculator.com. Inflation from 1951 to 1960. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1951-to-1960/
Source: U.S. Bureau of Labor Statistics, CPI-U annual averages (series CUUR0000SA0; category indexes listed on the data sources page). See how these numbers are calculated.