Between 1951 and 2018, the Consumer Price Index went from 26 to 251.107.
Cumulatively, prices increased 865.8%, which works out to an average of
3.44% per year. Put differently, a dollar in 1951 bought what
$0.10 buys in 2018.
Common amounts: 1951 dollars in 2018
Amount in 1951
Value in 2018
$1.00
$9.66
$5.00
$48.29
$10.00
$96.58
$20.00
$193
$50.00
$483
$100
$966
$500
$4,829
$1,000
$9,658
$5,000
$48,290
$10,000
$96,580
$100,000
$965,796
$1,000,000
$9,657,962
Inflation by spending category, 1951–2018
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1951 spending costs in 2018, by category:
Category
Avg. yearly inflation
$100 in 1951 →
All items (CPI-U)
3.44%
$966
Medical care
5.23%
$3,048
Food
3.33%
$899
Transportation
3.29%
$874
Apparel
1.58%
$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 2018: $100 is worth $966 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1951-to-2018/
APA: InflationCalculator.com. Inflation from 1951 to 2018. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1951-to-2018/