Between 1955 and 2008, the Consumer Price Index went from 26.8 to 215.303.
Cumulatively, prices increased 703.4%, which works out to an average of
4.01% per year. Put differently, a dollar in 1955 bought what
$0.12 buys in 2008.
Common amounts: 1955 dollars in 2008
Amount in 1955
Value in 2008
$1.00
$8.03
$5.00
$40.17
$10.00
$80.34
$20.00
$161
$50.00
$402
$100
$803
$500
$4,017
$1,000
$8,034
$5,000
$40,168
$10,000
$80,337
$100,000
$803,369
$1,000,000
$8,033,694
Inflation by spending category, 1955–2008
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1955 spending costs in 2008, by category:
Category
Avg. yearly inflation
$100 in 1955 →
All items (CPI-U)
4.01%
$803
Medical care
5.82%
$2,000
Food
3.93%
$770
Transportation
3.90%
$758
Apparel
1.94%
$277
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 2008: $100 is worth $803 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1955-to-2008/
APA: InflationCalculator.com. Inflation from 1955 to 2008. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1955-to-2008/