Between 1954 and 2016, the Consumer Price Index went from 26.9 to 240.007.
Cumulatively, prices increased 792.2%, which works out to an average of
3.59% per year. Put differently, a dollar in 1954 bought what
$0.11 buys in 2016.
Common amounts: 1954 dollars in 2016
Amount in 1954
Value in 2016
$1.00
$8.92
$5.00
$44.61
$10.00
$89.22
$20.00
$178
$50.00
$446
$100
$892
$500
$4,461
$1,000
$8,922
$5,000
$44,611
$10,000
$89,222
$100,000
$892,219
$1,000,000
$8,922,193
Inflation by spending category, 1954–2016
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1954 spending costs in 2016, by category:
Category
Avg. yearly inflation
$100 in 1954 →
All items (CPI-U)
3.59%
$892
Medical care
5.40%
$2,605
Food
3.57%
$879
Transportation
3.30%
$747
Apparel
1.75%
$292
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 5 years; the calculator above covers any pair of years.
Cite this page
MLA: “Inflation from 1954 to 2016: $100 is worth $892 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1954-to-2016/
APA: InflationCalculator.com. Inflation from 1954 to 2016. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1954-to-2016/