Between 1954 and 2018, the Consumer Price Index went from 26.9 to 251.107.
Cumulatively, prices increased 833.5%, which works out to an average of
3.55% per year. Put differently, a dollar in 1954 bought what
$0.11 buys in 2018.
Common amounts: 1954 dollars in 2018
Amount in 1954
Value in 2018
$1.00
$9.33
$5.00
$46.67
$10.00
$93.35
$20.00
$187
$50.00
$467
$100
$933
$500
$4,667
$1,000
$9,335
$5,000
$46,674
$10,000
$93,348
$100,000
$933,483
$1,000,000
$9,334,833
Inflation by spending category, 1954–2018
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1954 spending costs in 2018, by category:
Category
Avg. yearly inflation
$100 in 1954 →
All items (CPI-U)
3.55%
$933
Medical care
5.30%
$2,723
Food
3.49%
$899
Transportation
3.32%
$807
Apparel
1.69%
$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 2018: $100 is worth $933 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1954-to-2018/
APA: InflationCalculator.com. Inflation from 1954 to 2018. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1954-to-2018/