Between 1955 and 1967, the Consumer Price Index went from 26.8 to 33.4.
Cumulatively, prices increased 24.6%, which works out to an average of
1.85% per year. Put differently, a dollar in 1955 bought what
$0.80 buys in 1967.
Common amounts: 1955 dollars in 1967
Amount in 1955
Value in 1967
$1.00
$1.25
$5.00
$6.23
$10.00
$12.46
$20.00
$24.93
$50.00
$62.31
$100
$125
$500
$623
$1,000
$1,246
$5,000
$6,231
$10,000
$12,463
$100,000
$124,627
$1,000,000
$1,246,269
Inflation by spending category, 1955–1967
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1955 spending costs in 1967, by category:
Category
Avg. yearly inflation
$100 in 1955 →
All items (CPI-U)
1.85%
$125
Medical care
3.72%
$155
Transportation
2.15%
$129
Food
1.72%
$123
Apparel
1.45%
$119
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 1967: $100 is worth $125 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1955-to-1967/
APA: InflationCalculator.com. Inflation from 1955 to 1967. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1955-to-1967/