Between 1955 and 2022, the Consumer Price Index went from 26.8 to 292.655.
Cumulatively, prices increased 992.0%, which works out to an average of
3.63% per year. Put differently, a dollar in 1955 bought what
$0.09 buys in 2022.
Common amounts: 1955 dollars in 2022
Amount in 1955
Value in 2022
$1.00
$10.92
$5.00
$54.60
$10.00
$109
$20.00
$218
$50.00
$546
$100
$1,092
$500
$5,460
$1,000
$10,920
$5,000
$54,600
$10,000
$109,200
$100,000
$1,091,996
$1,000,000
$10,919,963
Inflation by spending category, 1955–2022
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1955 spending costs in 2022, by category:
Category
Avg. yearly inflation
$100 in 1955 →
All items (CPI-U)
3.63%
$1,092
Medical care
5.21%
$3,003
Food
3.64%
$1,099
Transportation
3.55%
$1,032
Apparel
1.63%
$296
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.
The destination year: 2022
2022 was the year inflation returned. Consumer prices rose 8.0% on average,
the worst since 1981, driven by pandemic-era supply chains, stimulus-fueled
demand, and an energy shock from the war in Ukraine. Gas briefly topped $5 a
gallon nationally for the first time ever, and “inflation” became the
top-ranked economic concern in nearly every poll of American households.
MLA: “Inflation from 1955 to 2022: $100 is worth $1,092 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1955-to-2022/
APA: InflationCalculator.com. Inflation from 1955 to 2022. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1955-to-2022/