Between 1954 and 2020, the Consumer Price Index went from 26.9 to 258.811.
Cumulatively, prices increased 862.1%, which works out to an average of
3.49% per year. Put differently, a dollar in 1954 bought what
$0.10 buys in 2020.
Common amounts: 1954 dollars in 2020
Amount in 1954
Value in 2020
$1.00
$9.62
$5.00
$48.11
$10.00
$96.21
$20.00
$192
$50.00
$481
$100
$962
$500
$4,811
$1,000
$9,621
$5,000
$48,106
$10,000
$96,212
$100,000
$962,123
$1,000,000
$9,621,227
Inflation by spending category, 1954–2020
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1954 spending costs in 2020, by category:
Category
Avg. yearly inflation
$100 in 1954 →
All items (CPI-U)
3.49%
$962
Medical care
5.24%
$2,915
Food
3.47%
$948
Transportation
3.14%
$771
Apparel
1.54%
$274
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 2020: $100 is worth $962 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1954-to-2020/
APA: InflationCalculator.com. Inflation from 1954 to 2020. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1954-to-2020/