Between 1954 and 2001, the Consumer Price Index went from 26.9 to 177.1.
Cumulatively, prices increased 558.4%, which works out to an average of
4.09% per year. Put differently, a dollar in 1954 bought what
$0.15 buys in 2001.
Common amounts: 1954 dollars in 2001
Amount in 1954
Value in 2001
$1.00
$6.58
$5.00
$32.92
$10.00
$65.84
$20.00
$132
$50.00
$329
$100
$658
$500
$3,292
$1,000
$6,584
$5,000
$32,918
$10,000
$65,836
$100,000
$658,364
$1,000,000
$6,583,643
Inflation by spending category, 1954–2001
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1954 spending costs in 2001, by category:
Category
Avg. yearly inflation
$100 in 1954 →
All items (CPI-U)
4.09%
$658
Medical care
5.98%
$1,533
Food
3.94%
$614
Transportation
3.85%
$591
Apparel
2.33%
$295
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 2001: $100 is worth $658 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1954-to-2001/
APA: InflationCalculator.com. Inflation from 1954 to 2001. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1954-to-2001/