Between 1955 and 2023, the Consumer Price Index went from 26.8 to 304.702.
Cumulatively, prices increased 1036.9%, which works out to an average of
3.64% per year. Put differently, a dollar in 1955 bought what
$0.09 buys in 2023.
Common amounts: 1955 dollars in 2023
Amount in 1955
Value in 2023
$1.00
$11.37
$5.00
$56.85
$10.00
$114
$20.00
$227
$50.00
$568
$100
$1,137
$500
$5,685
$1,000
$11,369
$5,000
$56,847
$10,000
$113,695
$100,000
$1,136,948
$1,000,000
$11,369,478
Inflation by spending category, 1955–2023
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1955 spending costs in 2023, by category:
Category
Avg. yearly inflation
$100 in 1955 →
All items (CPI-U)
3.64%
$1,137
Medical care
5.14%
$3,017
Food
3.67%
$1,162
Transportation
3.50%
$1,035
Apparel
1.65%
$304
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 2023: $100 is worth $1,137 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1955-to-2023/
APA: InflationCalculator.com. Inflation from 1955 to 2023. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1955-to-2023/