Between 1955 and 1984, the Consumer Price Index went from 26.8 to 103.9.
Cumulatively, prices increased 287.7%, which works out to an average of
4.78% per year. Put differently, a dollar in 1955 bought what
$0.26 buys in 1984.
Common amounts: 1955 dollars in 1984
Amount in 1955
Value in 1984
$1.00
$3.88
$5.00
$19.38
$10.00
$38.77
$20.00
$77.54
$50.00
$194
$100
$388
$500
$1,938
$1,000
$3,877
$5,000
$19,384
$10,000
$38,769
$100,000
$387,687
$1,000,000
$3,876,866
Inflation by spending category, 1955–1984
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1955 spending costs in 1984, by category:
Category
Avg. yearly inflation
$100 in 1955 →
All items (CPI-U)
4.78%
$388
Medical care
6.29%
$587
Transportation
4.91%
$402
Food
4.63%
$371
Apparel
3.04%
$238
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 1984: $100 is worth $388 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1955-to-1984/
APA: InflationCalculator.com. Inflation from 1955 to 1984. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1955-to-1984/