U.S. inflation · 1954–2024
$100 in 1954 has the same buying power as
$1,166
in 2024
| Cumulative price change | 1066.1% |
|---|---|
| Average inflation rate | 3.57% per year |
| Converted amount ($100 base) | $1,166 |
| Price difference ($100 base) | $1,066 |
| CPI in 1954 | 26.9 |
| CPI in 2024 | 313.689 |
| Inflation in 1954 | 0.75% |
| Inflation in 2024 | 2.95% |
| $100 in 1954 → 2024 | $1,166 |
| $100 in 2024 → 1954 | $8.58 |
Between 1954 and 2024, the Consumer Price Index went from 26.9 to 313.689. Cumulatively, prices increased 1066.1%, which works out to an average of 3.57% per year. Put differently, a dollar in 1954 bought what $0.09 buys in 2024.
| Amount in 1954 | Value in 2024 |
|---|---|
| $1.00 | $11.66 |
| $5.00 | $58.31 |
| $10.00 | $117 |
| $20.00 | $233 |
| $50.00 | $583 |
| $100 | $1,166 |
| $500 | $5,831 |
| $1,000 | $11,661 |
| $5,000 | $58,307 |
| $10,000 | $116,613 |
| $100,000 | $1,166,130 |
| $1,000,000 | $11,661,301 |
The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1954 spending costs in 2024, by category:
| Category | Avg. yearly inflation | $100 in 1954 → |
|---|---|---|
| All items (CPI-U) | 3.57% | $1,166 |
| Medical care | 5.06% | $3,168 |
| Food | 3.58% | $1,171 |
| Transportation | 3.40% | $1,037 |
| Apparel | 1.61% | $305 |
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–).
| Year | CPI | Inflation rate | $100 from 1954 |
|---|---|---|---|
| 1954 | 26.9 | 0.7% | $100 |
| 1959 | 29.1 | 0.7% | $108 |
| 1964 | 31 | 1.3% | $115 |
| 1969 | 36.7 | 5.5% | $136 |
| 1974 | 49.3 | 11.0% | $183 |
| 1979 | 72.6 | 11.3% | $270 |
| 1984 | 103.9 | 4.3% | $386 |
| 1989 | 124 | 4.8% | $461 |
| 1994 | 148.2 | 2.6% | $551 |
| 1999 | 166.6 | 2.2% | $619 |
| 2004 | 188.9 | 2.7% | $702 |
| 2009 | 214.537 | -0.4% | $798 |
| 2014 | 236.736 | 1.6% | $880 |
| 2019 | 255.657 | 1.8% | $950 |
| 2024 | 313.689 | 2.9% | $1,166 |
Long periods are sampled every 5 years; the calculator above covers any pair of years.
MLA: “Inflation from 1954 to 2024: $100 is worth $1,166 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1954-to-2024/
APA: InflationCalculator.com. Inflation from 1954 to 2024. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1954-to-2024/
Source: U.S. Bureau of Labor Statistics, CPI-U annual averages (series CUUR0000SA0; category indexes listed on the data sources page). See how these numbers are calculated.