Between 1953 and 1982, the Consumer Price Index went from 26.7 to 96.5.
Cumulatively, prices increased 261.4%, which works out to an average of
4.53% per year. Put differently, a dollar in 1953 bought what
$0.28 buys in 1982.
Common amounts: 1953 dollars in 1982
Amount in 1953
Value in 1982
$1.00
$3.61
$5.00
$18.07
$10.00
$36.14
$20.00
$72.28
$50.00
$181
$100
$361
$500
$1,807
$1,000
$3,614
$5,000
$18,071
$10,000
$36,142
$100,000
$361,423
$1,000,000
$3,614,232
Inflation by spending category, 1953–1982
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1953 spending costs in 1982, by category:
Category
Avg. yearly inflation
$100 in 1953 →
All items (CPI-U)
4.53%
$361
Medical care
5.95%
$535
Transportation
4.58%
$366
Food
4.35%
$344
Apparel
2.87%
$227
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 1982: $100 is worth $361 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1953-to-1982/
APA: InflationCalculator.com. Inflation from 1953 to 1982. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1953-to-1982/