Between 1955 and 1964, the Consumer Price Index went from 26.8 to 31.
Cumulatively, prices increased 15.7%, which works out to an average of
1.63% per year. Put differently, a dollar in 1955 bought what
$0.86 buys in 1964.
Common amounts: 1955 dollars in 1964
Amount in 1955
Value in 1964
$1.00
$1.16
$5.00
$5.78
$10.00
$11.57
$20.00
$23.13
$50.00
$57.84
$100
$116
$500
$578
$1,000
$1,157
$5,000
$5,784
$10,000
$11,567
$100,000
$115,672
$1,000,000
$1,156,716
Inflation by spending category, 1955–1964
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1955 spending costs in 1964, by category:
Category
Avg. yearly inflation
$100 in 1955 →
All items (CPI-U)
1.63%
$116
Medical care
3.40%
$135
Transportation
2.21%
$122
Food
1.40%
$113
Apparel
1.09%
$110
Not shown because the BLS began these indexes after 1955: core (all items less food & energy) (1957–), energy (1957–), housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1955 to 1964: $100 is worth $116 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1955-to-1964/
APA: InflationCalculator.com. Inflation from 1955 to 1964. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1955-to-1964/