Between 1955 and 2002, the Consumer Price Index went from 26.8 to 179.9.
Cumulatively, prices increased 571.3%, which works out to an average of
4.13% per year. Put differently, a dollar in 1955 bought what
$0.15 buys in 2002.
Common amounts: 1955 dollars in 2002
Amount in 1955
Value in 2002
$1.00
$6.71
$5.00
$33.56
$10.00
$67.13
$20.00
$134
$50.00
$336
$100
$671
$500
$3,356
$1,000
$6,713
$5,000
$33,563
$10,000
$67,127
$100,000
$671,269
$1,000,000
$6,712,687
Inflation by spending category, 1955–2002
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1955 spending costs in 2002, by category:
Category
Avg. yearly inflation
$100 in 1955 →
All items (CPI-U)
4.13%
$671
Medical care
6.03%
$1,569
Food
4.01%
$634
Transportation
3.86%
$593
Apparel
2.28%
$289
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–).
Long periods are sampled every 2 years; the calculator above covers any pair of years.
Cite this page
MLA: “Inflation from 1955 to 2002: $100 is worth $671 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1955-to-2002/
APA: InflationCalculator.com. Inflation from 1955 to 2002. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1955-to-2002/