Between 1954 and 1972, the Consumer Price Index went from 26.9 to 41.8.
Cumulatively, prices increased 55.4%, which works out to an average of
2.48% per year. Put differently, a dollar in 1954 bought what
$0.64 buys in 1972.
Common amounts: 1954 dollars in 1972
Amount in 1954
Value in 1972
$1.00
$1.55
$5.00
$7.77
$10.00
$15.54
$20.00
$31.08
$50.00
$77.70
$100
$155
$500
$777
$1,000
$1,554
$5,000
$7,770
$10,000
$15,539
$100,000
$155,390
$1,000,000
$1,553,903
Inflation by spending category, 1954–1972
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1954 spending costs in 1972, by category:
Category
Avg. yearly inflation
$100 in 1954 →
All items (CPI-U)
2.48%
$155
Medical care
4.20%
$210
Transportation
2.39%
$153
Food
2.25%
$149
Apparel
2.07%
$145
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–).
MLA: “Inflation from 1954 to 1972: $100 is worth $155 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1954-to-1972/
APA: InflationCalculator.com. Inflation from 1954 to 1972. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1954-to-1972/