Between 1954 and 2014, the Consumer Price Index went from 26.9 to 236.736.
Cumulatively, prices increased 780.1%, which works out to an average of
3.69% per year. Put differently, a dollar in 1954 bought what
$0.11 buys in 2014.
Common amounts: 1954 dollars in 2014
Amount in 1954
Value in 2014
$1.00
$8.80
$5.00
$44.00
$10.00
$88.01
$20.00
$176
$50.00
$440
$100
$880
$500
$4,400
$1,000
$8,801
$5,000
$44,003
$10,000
$88,006
$100,000
$880,059
$1,000,000
$8,800,595
Inflation by spending category, 1954–2014
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1954 spending costs in 2014, by category:
Category
Avg. yearly inflation
$100 in 1954 →
All items (CPI-U)
3.69%
$880
Medical care
5.47%
$2,445
Food
3.65%
$861
Transportation
3.58%
$827
Apparel
1.82%
$296
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 2014: $100 is worth $880 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1954-to-2014/
APA: InflationCalculator.com. Inflation from 1954 to 2014. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1954-to-2014/