Between 1953 and 1984, the Consumer Price Index went from 26.7 to 103.9.
Cumulatively, prices increased 289.1%, which works out to an average of
4.48% per year. Put differently, a dollar in 1953 bought what
$0.26 buys in 1984.
Common amounts: 1953 dollars in 1984
Amount in 1953
Value in 1984
$1.00
$3.89
$5.00
$19.46
$10.00
$38.91
$20.00
$77.83
$50.00
$195
$100
$389
$500
$1,946
$1,000
$3,891
$5,000
$19,457
$10,000
$38,914
$100,000
$389,139
$1,000,000
$3,891,386
Inflation by spending category, 1953–1984
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1953 spending costs in 1984, by category:
Category
Avg. yearly inflation
$100 in 1953 →
All items (CPI-U)
4.48%
$389
Medical care
6.05%
$617
Transportation
4.50%
$391
Food
4.26%
$365
Apparel
2.82%
$237
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–).
Long periods are sampled every 2 years; the calculator above covers any pair of years.
Cite this page
MLA: “Inflation from 1953 to 1984: $100 is worth $389 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1953-to-1984/
APA: InflationCalculator.com. Inflation from 1953 to 1984. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1953-to-1984/