Between 1953 and 1967, the Consumer Price Index went from 26.7 to 33.4.
Cumulatively, prices increased 25.1%, which works out to an average of
1.61% per year. Put differently, a dollar in 1953 bought what
$0.80 buys in 1967.
Common amounts: 1953 dollars in 1967
Amount in 1953
Value in 1967
$1.00
$1.25
$5.00
$6.25
$10.00
$12.51
$20.00
$25.02
$50.00
$62.55
$100
$125
$500
$625
$1,000
$1,251
$5,000
$6,255
$10,000
$12,509
$100,000
$125,094
$1,000,000
$1,250,936
Inflation by spending category, 1953–1967
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1953 spending costs in 1967, by category:
Category
Avg. yearly inflation
$100 in 1953 →
All items (CPI-U)
1.61%
$125
Medical care
3.55%
$163
Transportation
1.64%
$126
Food
1.34%
$120
Apparel
1.21%
$118
Not shown because the BLS began these indexes after 1953: core (all items less food & energy) (1957–), energy (1957–), housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1953 to 1967: $100 is worth $125 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1953-to-1967/
APA: InflationCalculator.com. Inflation from 1953 to 1967. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1953-to-1967/