U.S. inflation · 1955–1988
$100 in 1955 has the same buying power as
$441
in 1988
| Cumulative price change | 341.4% |
|---|---|
| Average inflation rate | 4.60% per year |
| Converted amount ($100 base) | $441 |
| Price difference ($100 base) | $341 |
| CPI in 1955 | 26.8 |
| CPI in 1988 | 118.3 |
| Inflation in 1955 | -0.37% |
| Inflation in 1988 | 4.14% |
| $100 in 1955 → 1988 | $441 |
| $100 in 1988 → 1955 | $22.65 |
Between 1955 and 1988, the Consumer Price Index went from 26.8 to 118.3. Cumulatively, prices increased 341.4%, which works out to an average of 4.60% per year. Put differently, a dollar in 1955 bought what $0.23 buys in 1988.
| Amount in 1955 | Value in 1988 |
|---|---|
| $1.00 | $4.41 |
| $5.00 | $22.07 |
| $10.00 | $44.14 |
| $20.00 | $88.28 |
| $50.00 | $221 |
| $100 | $441 |
| $500 | $2,207 |
| $1,000 | $4,414 |
| $5,000 | $22,071 |
| $10,000 | $44,142 |
| $100,000 | $441,418 |
| $1,000,000 | $4,414,179 |
The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1955 spending costs in 1988, by category:
| Category | Avg. yearly inflation | $100 in 1955 → |
|---|---|---|
| All items (CPI-U) | 4.60% | $441 |
| Medical care | 6.35% | $762 |
| Food | 4.48% | $425 |
| Transportation | 4.45% | $421 |
| Apparel | 3.04% | $269 |
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–).
| Year | CPI | Inflation rate | $100 from 1955 |
|---|---|---|---|
| 1955 | 26.8 | -0.4% | $100 |
| 1957 | 28.1 | 3.3% | $105 |
| 1959 | 29.1 | 0.7% | $109 |
| 1961 | 29.9 | 1.0% | $112 |
| 1963 | 30.6 | 1.3% | $114 |
| 1965 | 31.5 | 1.6% | $118 |
| 1967 | 33.4 | 3.1% | $125 |
| 1969 | 36.7 | 5.5% | $137 |
| 1971 | 40.5 | 4.4% | $151 |
| 1973 | 44.4 | 6.2% | $166 |
| 1975 | 53.8 | 9.1% | $201 |
| 1977 | 60.6 | 6.5% | $226 |
| 1979 | 72.6 | 11.3% | $271 |
| 1981 | 90.9 | 10.3% | $339 |
| 1983 | 99.6 | 3.2% | $372 |
| 1985 | 107.6 | 3.6% | $401 |
| 1987 | 113.6 | 3.6% | $424 |
| 1988 | 118.3 | 4.1% | $441 |
Long periods are sampled every 2 years; the calculator above covers any pair of years.
MLA: “Inflation from 1955 to 1988: $100 is worth $441 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1955-to-1988/
APA: InflationCalculator.com. Inflation from 1955 to 1988. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1955-to-1988/
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.