Between 1953 and 1975, the Consumer Price Index went from 26.7 to 53.8.
Cumulatively, prices increased 101.5%, which works out to an average of
3.24% per year. Put differently, a dollar in 1953 bought what
$0.50 buys in 1975.
Common amounts: 1953 dollars in 1975
Amount in 1953
Value in 1975
$1.00
$2.01
$5.00
$10.07
$10.00
$20.15
$20.00
$40.30
$50.00
$101
$100
$201
$500
$1,007
$1,000
$2,015
$5,000
$10,075
$10,000
$20,150
$100,000
$201,498
$1,000,000
$2,014,981
Inflation by spending category, 1953–1975
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1953 spending costs in 1975, by category:
Category
Avg. yearly inflation
$100 in 1953 →
All items (CPI-U)
3.24%
$201
Medical care
4.70%
$275
Food
3.46%
$211
Transportation
2.94%
$189
Apparel
2.39%
$168
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 1975: $100 is worth $201 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1953-to-1975/
APA: InflationCalculator.com. Inflation from 1953 to 1975. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1953-to-1975/