Between 1951 and 2016, the Consumer Price Index went from 26 to 240.007.
Cumulatively, prices increased 823.1%, which works out to an average of
3.48% per year. Put differently, a dollar in 1951 bought what
$0.11 buys in 2016.
Common amounts: 1951 dollars in 2016
Amount in 1951
Value in 2016
$1.00
$9.23
$5.00
$46.16
$10.00
$92.31
$20.00
$185
$50.00
$462
$100
$923
$500
$4,616
$1,000
$9,231
$5,000
$46,155
$10,000
$92,310
$100,000
$923,104
$1,000,000
$9,231,038
Inflation by spending category, 1951–2016
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1951 spending costs in 2016, by category:
Category
Avg. yearly inflation
$100 in 1951 →
All items (CPI-U)
3.48%
$923
Medical care
5.33%
$2,916
Food
3.40%
$879
Transportation
3.27%
$809
Apparel
1.64%
$287
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 2016: $100 is worth $923 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1951-to-2016/
APA: InflationCalculator.com. Inflation from 1951 to 2016. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1951-to-2016/