Between 1954 and 1989, the Consumer Price Index went from 26.9 to 124.
Cumulatively, prices increased 361.0%, which works out to an average of
4.46% per year. Put differently, a dollar in 1954 bought what
$0.22 buys in 1989.
Common amounts: 1954 dollars in 1989
Amount in 1954
Value in 1989
$1.00
$4.61
$5.00
$23.05
$10.00
$46.10
$20.00
$92.19
$50.00
$230
$100
$461
$500
$2,305
$1,000
$4,610
$5,000
$23,048
$10,000
$46,097
$100,000
$460,967
$1,000,000
$4,609,665
Inflation by spending category, 1954–1989
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1954 spending costs in 1989, by category:
Category
Avg. yearly inflation
$100 in 1954 →
All items (CPI-U)
4.46%
$461
Medical care
6.26%
$839
Food
4.35%
$444
Transportation
4.30%
$437
Apparel
2.93%
$275
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–).
Long periods are sampled every 2 years; the calculator above covers any pair of years.
Cite this page
MLA: “Inflation from 1954 to 1989: $100 is worth $461 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1954-to-1989/
APA: InflationCalculator.com. Inflation from 1954 to 1989. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1954-to-1989/