Between 1954 and 2021, the Consumer Price Index went from 26.9 to 270.97.
Cumulatively, prices increased 907.3%, which works out to an average of
3.51% per year. Put differently, a dollar in 1954 bought what
$0.10 buys in 2021.
Common amounts: 1954 dollars in 2021
Amount in 1954
Value in 2021
$1.00
$10.07
$5.00
$50.37
$10.00
$101
$20.00
$201
$50.00
$504
$100
$1,007
$500
$5,037
$1,000
$10,073
$5,000
$50,366
$10,000
$100,732
$100,000
$1,007,323
$1,000,000
$10,073,234
Inflation by spending category, 1954–2021
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1954 spending costs in 2021, by category:
Category
Avg. yearly inflation
$100 in 1954 →
All items (CPI-U)
3.51%
$1,007
Medical care
5.18%
$2,951
Food
3.47%
$985
Transportation
3.31%
$884
Apparel
1.55%
$281
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 2021: $100 is worth $1,007 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1954-to-2021/
APA: InflationCalculator.com. Inflation from 1954 to 2021. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1954-to-2021/