U.S. inflation · 1953–1983
$100 in 1953 has the same buying power as
$373
in 1983
| Cumulative price change | 273.0% |
|---|---|
| Average inflation rate | 4.49% per year |
| Converted amount ($100 base) | $373 |
| Price difference ($100 base) | $273 |
| CPI in 1953 | 26.7 |
| CPI in 1983 | 99.6 |
| Inflation in 1953 | 0.75% |
| Inflation in 1983 | 3.21% |
| $100 in 1953 → 1983 | $373 |
| $100 in 1983 → 1953 | $26.81 |
Between 1953 and 1983, the Consumer Price Index went from 26.7 to 99.6. Cumulatively, prices increased 273.0%, which works out to an average of 4.49% per year. Put differently, a dollar in 1953 bought what $0.27 buys in 1983.
| Amount in 1953 | Value in 1983 |
|---|---|
| $1.00 | $3.73 |
| $5.00 | $18.65 |
| $10.00 | $37.30 |
| $20.00 | $74.61 |
| $50.00 | $187 |
| $100 | $373 |
| $500 | $1,865 |
| $1,000 | $3,730 |
| $5,000 | $18,652 |
| $10,000 | $37,303 |
| $100,000 | $373,034 |
| $1,000,000 | $3,730,337 |
The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1953 spending costs in 1983, by category:
| Category | Avg. yearly inflation | $100 in 1953 → |
|---|---|---|
| All items (CPI-U) | 4.49% | $373 |
| Medical care | 6.04% | $582 |
| Transportation | 4.50% | $375 |
| Food | 4.28% | $351 |
| Apparel | 2.85% | $232 |
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–).
| Year | CPI | Inflation rate | $100 from 1953 |
|---|---|---|---|
| 1953 | 26.7 | 0.8% | $100 |
| 1954 | 26.9 | 0.7% | $101 |
| 1955 | 26.8 | -0.4% | $100 |
| 1956 | 27.2 | 1.5% | $102 |
| 1957 | 28.1 | 3.3% | $105 |
| 1958 | 28.9 | 2.8% | $108 |
| 1959 | 29.1 | 0.7% | $109 |
| 1960 | 29.6 | 1.7% | $111 |
| 1961 | 29.9 | 1.0% | $112 |
| 1962 | 30.2 | 1.0% | $113 |
| 1963 | 30.6 | 1.3% | $115 |
| 1964 | 31 | 1.3% | $116 |
| 1965 | 31.5 | 1.6% | $118 |
| 1966 | 32.4 | 2.9% | $121 |
| 1967 | 33.4 | 3.1% | $125 |
| 1968 | 34.8 | 4.2% | $130 |
| 1969 | 36.7 | 5.5% | $137 |
| 1970 | 38.8 | 5.7% | $145 |
| 1971 | 40.5 | 4.4% | $152 |
| 1972 | 41.8 | 3.2% | $157 |
| 1973 | 44.4 | 6.2% | $166 |
| 1974 | 49.3 | 11.0% | $185 |
| 1975 | 53.8 | 9.1% | $201 |
| 1976 | 56.9 | 5.8% | $213 |
| 1977 | 60.6 | 6.5% | $227 |
| 1978 | 65.2 | 7.6% | $244 |
| 1979 | 72.6 | 11.3% | $272 |
| 1980 | 82.4 | 13.5% | $309 |
| 1981 | 90.9 | 10.3% | $340 |
| 1982 | 96.5 | 6.2% | $361 |
| 1983 | 99.6 | 3.2% | $373 |
MLA: “Inflation from 1953 to 1983: $100 is worth $373 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1953-to-1983/
APA: InflationCalculator.com. Inflation from 1953 to 1983. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1953-to-1983/
Source: U.S. Bureau of Labor Statistics, CPI-U annual averages (series CUUR0000SA0; category indexes listed on the data sources page). See how these numbers are calculated.