Between 1955 and 1977, the Consumer Price Index went from 26.8 to 60.6.
Cumulatively, prices increased 126.1%, which works out to an average of
3.78% per year. Put differently, a dollar in 1955 bought what
$0.44 buys in 1977.
Common amounts: 1955 dollars in 1977
Amount in 1955
Value in 1977
$1.00
$2.26
$5.00
$11.31
$10.00
$22.61
$20.00
$45.22
$50.00
$113
$100
$226
$500
$1,131
$1,000
$2,261
$5,000
$11,306
$10,000
$22,612
$100,000
$226,119
$1,000,000
$2,261,194
Inflation by spending category, 1955–1977
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1955 spending costs in 1977, by category:
Category
Avg. yearly inflation
$100 in 1955 →
All items (CPI-U)
3.78%
$226
Medical care
5.33%
$313
Food
3.97%
$236
Transportation
3.83%
$229
Apparel
2.79%
$183
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 1977: $100 is worth $226 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1955-to-1977/
APA: InflationCalculator.com. Inflation from 1955 to 1977. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1955-to-1977/