U.S. inflation · 1954–1967
$100 in 1954 has the same buying power as
$124
in 1967
| Cumulative price change | 24.2% |
|---|---|
| Average inflation rate | 1.68% per year |
| Converted amount ($100 base) | $124 |
| Price difference ($100 base) | $24.16 |
| CPI in 1954 | 26.9 |
| CPI in 1967 | 33.4 |
| Inflation in 1954 | 0.75% |
| Inflation in 1967 | 3.09% |
| $100 in 1954 → 1967 | $124 |
| $100 in 1967 → 1954 | $80.54 |
Between 1954 and 1967, the Consumer Price Index went from 26.9 to 33.4. Cumulatively, prices increased 24.2%, which works out to an average of 1.68% per year. Put differently, a dollar in 1954 bought what $0.81 buys in 1967.
| Amount in 1954 | Value in 1967 |
|---|---|
| $1.00 | $1.24 |
| $5.00 | $6.21 |
| $10.00 | $12.42 |
| $20.00 | $24.83 |
| $50.00 | $62.08 |
| $100 | $124 |
| $500 | $621 |
| $1,000 | $1,242 |
| $5,000 | $6,208 |
| $10,000 | $12,416 |
| $100,000 | $124,164 |
| $1,000,000 | $1,241,636 |
The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1954 spending costs in 1967, by category:
| Category | Avg. yearly inflation | $100 in 1954 → |
|---|---|---|
| All items (CPI-U) | 1.68% | $124 |
| Medical care | 3.60% | $158 |
| Transportation | 1.89% | $128 |
| Food | 1.47% | $121 |
| Apparel | 1.30% | $118 |
Not shown because the BLS began these indexes after 1954: core (all items less food & energy) (1957–), energy (1957–), housing (1967–), recreation (1993–), education & communication (1993–).
| Year | CPI | Inflation rate | $100 from 1954 |
|---|---|---|---|
| 1954 | 26.9 | 0.7% | $100 |
| 1955 | 26.8 | -0.4% | $99.63 |
| 1956 | 27.2 | 1.5% | $101 |
| 1957 | 28.1 | 3.3% | $104 |
| 1958 | 28.9 | 2.8% | $107 |
| 1959 | 29.1 | 0.7% | $108 |
| 1960 | 29.6 | 1.7% | $110 |
| 1961 | 29.9 | 1.0% | $111 |
| 1962 | 30.2 | 1.0% | $112 |
| 1963 | 30.6 | 1.3% | $114 |
| 1964 | 31 | 1.3% | $115 |
| 1965 | 31.5 | 1.6% | $117 |
| 1966 | 32.4 | 2.9% | $120 |
| 1967 | 33.4 | 3.1% | $124 |
MLA: “Inflation from 1954 to 1967: $100 is worth $124 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1954-to-1967/
APA: InflationCalculator.com. Inflation from 1954 to 1967. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1954-to-1967/
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.