Between 1953 and 1999, the Consumer Price Index went from 26.7 to 166.6.
Cumulatively, prices increased 524.0%, which works out to an average of
4.06% per year. Put differently, a dollar in 1953 bought what
$0.16 buys in 1999.
Common amounts: 1953 dollars in 1999
Amount in 1953
Value in 1999
$1.00
$6.24
$5.00
$31.20
$10.00
$62.40
$20.00
$125
$50.00
$312
$100
$624
$500
$3,120
$1,000
$6,240
$5,000
$31,199
$10,000
$62,397
$100,000
$623,970
$1,000,000
$6,239,700
Inflation by spending category, 1953–1999
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1953 spending costs in 1999, by category:
Category
Avg. yearly inflation
$100 in 1953 →
All items (CPI-U)
4.06%
$624
Medical care
5.98%
$1,449
Food
3.89%
$580
Transportation
3.75%
$545
Apparel
2.45%
$305
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 1999: $100 is worth $624 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1953-to-1999/
APA: InflationCalculator.com. Inflation from 1953 to 1999. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1953-to-1999/