Between 1953 and 2014, the Consumer Price Index went from 26.7 to 236.736.
Cumulatively, prices increased 786.7%, which works out to an average of
3.64% per year. Put differently, a dollar in 1953 bought what
$0.11 buys in 2014.
Common amounts: 1953 dollars in 2014
Amount in 1953
Value in 2014
$1.00
$8.87
$5.00
$44.33
$10.00
$88.67
$20.00
$177
$50.00
$443
$100
$887
$500
$4,433
$1,000
$8,867
$5,000
$44,333
$10,000
$88,665
$100,000
$886,652
$1,000,000
$8,866,517
Inflation by spending category, 1953–2014
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1953 spending costs in 2014, by category:
Category
Avg. yearly inflation
$100 in 1953 →
All items (CPI-U)
3.64%
$887
Medical care
5.43%
$2,516
Food
3.59%
$858
Transportation
3.50%
$815
Apparel
1.79%
$296
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 5 years; the calculator above covers any pair of years.
Cite this page
MLA: “Inflation from 1953 to 2014: $100 is worth $887 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1953-to-2014/
APA: InflationCalculator.com. Inflation from 1953 to 2014. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1953-to-2014/