U.S. inflation · 1951–1964
$100 in 1951 has the same buying power as
$119
in 1964
| Cumulative price change | 19.2% |
|---|---|
| Average inflation rate | 1.36% per year |
| Converted amount ($100 base) | $119 |
| Price difference ($100 base) | $19.23 |
| CPI in 1951 | 26 |
| CPI in 1964 | 31 |
| Inflation in 1951 | 7.88% |
| Inflation in 1964 | 1.31% |
| $100 in 1951 → 1964 | $119 |
| $100 in 1964 → 1951 | $83.87 |
Between 1951 and 1964, the Consumer Price Index went from 26 to 31. Cumulatively, prices increased 19.2%, which works out to an average of 1.36% per year. Put differently, a dollar in 1951 bought what $0.84 buys in 1964.
| Amount in 1951 | Value in 1964 |
|---|---|
| $1.00 | $1.19 |
| $5.00 | $5.96 |
| $10.00 | $11.92 |
| $20.00 | $23.85 |
| $50.00 | $59.62 |
| $100 | $119 |
| $500 | $596 |
| $1,000 | $1,192 |
| $5,000 | $5,962 |
| $10,000 | $11,923 |
| $100,000 | $119,231 |
| $1,000,000 | $1,192,308 |
The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1951 spending costs in 1964, by category:
| Category | Avg. yearly inflation | $100 in 1951 → |
|---|---|---|
| All items (CPI-U) | 1.36% | $119 |
| Medical care | 3.41% | $155 |
| Transportation | 2.06% | $130 |
| Food | 0.85% | $112 |
| Apparel | 0.58% | $108 |
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 |
| 1961 | 29.9 | 1.0% | $115 |
| 1962 | 30.2 | 1.0% | $116 |
| 1963 | 30.6 | 1.3% | $118 |
| 1964 | 31 | 1.3% | $119 |
MLA: “Inflation from 1951 to 1964: $100 is worth $119 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1951-to-1964/
APA: InflationCalculator.com. Inflation from 1951 to 1964. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1951-to-1964/
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.