Between 1955 and 2003, the Consumer Price Index went from 26.8 to 184.
Cumulatively, prices increased 586.6%, which works out to an average of
4.10% per year. Put differently, a dollar in 1955 bought what
$0.15 buys in 2003.
Common amounts: 1955 dollars in 2003
Amount in 1955
Value in 2003
$1.00
$6.87
$5.00
$34.33
$10.00
$68.66
$20.00
$137
$50.00
$343
$100
$687
$500
$3,433
$1,000
$6,866
$5,000
$34,328
$10,000
$68,657
$100,000
$686,567
$1,000,000
$6,865,672
Inflation by spending category, 1955–2003
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1955 spending costs in 2003, by category:
Category
Avg. yearly inflation
$100 in 1955 →
All items (CPI-U)
4.10%
$687
Medical care
5.99%
$1,632
Food
3.97%
$647
Transportation
3.84%
$611
Apparel
2.18%
$282
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 2003: $100 is worth $687 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1955-to-2003/
APA: InflationCalculator.com. Inflation from 1955 to 2003. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1955-to-2003/