Between 1951 and 1994, the Consumer Price Index went from 26 to 148.2.
Cumulatively, prices increased 470.0%, which works out to an average of
4.13% per year. Put differently, a dollar in 1951 bought what
$0.18 buys in 1994.
Common amounts: 1951 dollars in 1994
Amount in 1951
Value in 1994
$1.00
$5.70
$5.00
$28.50
$10.00
$57.00
$20.00
$114
$50.00
$285
$100
$570
$500
$2,850
$1,000
$5,700
$5,000
$28,500
$10,000
$57,000
$100,000
$570,000
$1,000,000
$5,700,000
Inflation by spending category, 1951–1994
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1951 spending costs in 1994, by category:
Category
Avg. yearly inflation
$100 in 1951 →
All items (CPI-U)
4.13%
$570
Medical care
6.20%
$1,327
Transportation
4.08%
$557
Food
3.87%
$512
Apparel
2.62%
$304
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–).
Long periods are sampled every 2 years; the calculator above covers any pair of years.
Cite this page
MLA: “Inflation from 1951 to 1994: $100 is worth $570 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1951-to-1994/
APA: InflationCalculator.com. Inflation from 1951 to 1994. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1951-to-1994/