Between 1951 and 2017, the Consumer Price Index went from 26 to 245.12.
Cumulatively, prices increased 842.8%, which works out to an average of
3.46% per year. Put differently, a dollar in 1951 bought what
$0.11 buys in 2017.
Common amounts: 1951 dollars in 2017
Amount in 1951
Value in 2017
$1.00
$9.43
$5.00
$47.14
$10.00
$94.28
$20.00
$189
$50.00
$471
$100
$943
$500
$4,714
$1,000
$9,428
$5,000
$47,138
$10,000
$94,277
$100,000
$942,769
$1,000,000
$9,427,692
Inflation by spending category, 1951–2017
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1951 spending costs in 2017, by category:
Category
Avg. yearly inflation
$100 in 1951 →
All items (CPI-U)
3.46%
$943
Medical care
5.28%
$2,989
Food
3.36%
$887
Transportation
3.27%
$836
Apparel
1.61%
$286
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 2017: $100 is worth $943 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1951-to-2017/
APA: InflationCalculator.com. Inflation from 1951 to 2017. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1951-to-2017/