Between 1955 and 2004, the Consumer Price Index went from 26.8 to 188.9.
Cumulatively, prices increased 604.9%, which works out to an average of
4.07% per year. Put differently, a dollar in 1955 bought what
$0.14 buys in 2004.
Common amounts: 1955 dollars in 2004
Amount in 1955
Value in 2004
$1.00
$7.05
$5.00
$35.24
$10.00
$70.49
$20.00
$141
$50.00
$352
$100
$705
$500
$3,524
$1,000
$7,049
$5,000
$35,243
$10,000
$70,485
$100,000
$704,851
$1,000,000
$7,048,507
Inflation by spending category, 1955–2004
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1955 spending costs in 2004, by category:
Category
Avg. yearly inflation
$100 in 1955 →
All items (CPI-U)
4.07%
$705
Medical care
5.96%
$1,704
Food
3.96%
$670
Transportation
3.83%
$632
Apparel
2.13%
$281
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 2004: $100 is worth $705 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1955-to-2004/
APA: InflationCalculator.com. Inflation from 1955 to 2004. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1955-to-2004/