Between 1954 and 1975, the Consumer Price Index went from 26.9 to 53.8.
Cumulatively, prices increased 100.0%, which works out to an average of
3.36% per year. Put differently, a dollar in 1954 bought what
$0.50 buys in 1975.
Common amounts: 1954 dollars in 1975
Amount in 1954
Value in 1975
$1.00
$2.00
$5.00
$10.00
$10.00
$20.00
$20.00
$40.00
$50.00
$100
$100
$200
$500
$1,000
$1,000
$2,000
$5,000
$10,000
$10,000
$20,000
$100,000
$200,000
$1,000,000
$2,000,000
Inflation by spending category, 1954–1975
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1954 spending costs in 1975, by category:
Category
Avg. yearly inflation
$100 in 1954 →
All items (CPI-U)
3.36%
$200
Medical care
4.78%
$267
Food
3.64%
$212
Transportation
3.15%
$192
Apparel
2.51%
$168
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 1975: $100 is worth $200 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1954-to-1975/
APA: InflationCalculator.com. Inflation from 1954 to 1975. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1954-to-1975/