Between 1955 and 2016, the Consumer Price Index went from 26.8 to 240.007.
Cumulatively, prices increased 795.5%, which works out to an average of
3.66% per year. Put differently, a dollar in 1955 bought what
$0.11 buys in 2016.
Common amounts: 1955 dollars in 2016
Amount in 1955
Value in 2016
$1.00
$8.96
$5.00
$44.78
$10.00
$89.55
$20.00
$179
$50.00
$448
$100
$896
$500
$4,478
$1,000
$8,955
$5,000
$44,777
$10,000
$89,555
$100,000
$895,549
$1,000,000
$8,955,485
Inflation by spending category, 1955–2016
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1955 spending costs in 2016, by category:
Category
Avg. yearly inflation
$100 in 1955 →
All items (CPI-U)
3.66%
$896
Medical care
5.45%
$2,548
Food
3.65%
$892
Transportation
3.37%
$755
Apparel
1.78%
$294
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 5 years; the calculator above covers any pair of years.
Cite this page
MLA: “Inflation from 1955 to 2016: $100 is worth $896 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1955-to-2016/
APA: InflationCalculator.com. Inflation from 1955 to 2016. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1955-to-2016/