Between 1951 and 2012, the Consumer Price Index went from 26 to 229.594.
Cumulatively, prices increased 783.1%, which works out to an average of
3.64% per year. Put differently, a dollar in 1951 bought what
$0.11 buys in 2012.
Common amounts: 1951 dollars in 2012
Amount in 1951
Value in 2012
$1.00
$8.83
$5.00
$44.15
$10.00
$88.31
$20.00
$177
$50.00
$442
$100
$883
$500
$4,415
$1,000
$8,831
$5,000
$44,153
$10,000
$88,305
$100,000
$883,054
$1,000,000
$8,830,538
Inflation by spending category, 1951–2012
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1951 spending costs in 2012, by category:
Category
Avg. yearly inflation
$100 in 1951 →
All items (CPI-U)
3.64%
$883
Medical care
5.49%
$2,610
Transportation
3.67%
$902
Food
3.53%
$829
Apparel
1.75%
$288
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 5 years; the calculator above covers any pair of years.
Cite this page
MLA: “Inflation from 1951 to 2012: $100 is worth $883 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1951-to-2012/
APA: InflationCalculator.com. Inflation from 1951 to 2012. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1951-to-2012/