Between 1955 and 2024, the Consumer Price Index went from 26.8 to 313.689.
Cumulatively, prices increased 1070.5%, which works out to an average of
3.63% per year. Put differently, a dollar in 1955 bought what
$0.09 buys in 2024.
Common amounts: 1955 dollars in 2024
Amount in 1955
Value in 2024
$1.00
$11.70
$5.00
$58.52
$10.00
$117
$20.00
$234
$50.00
$585
$100
$1,170
$500
$5,852
$1,000
$11,705
$5,000
$58,524
$10,000
$117,048
$100,000
$1,170,481
$1,000,000
$11,704,813
Inflation by spending category, 1955–2024
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1955 spending costs in 2024, by category:
Category
Avg. yearly inflation
$100 in 1955 →
All items (CPI-U)
3.63%
$1,170
Medical care
5.10%
$3,098
Food
3.65%
$1,188
Transportation
3.47%
$1,049
Apparel
1.64%
$306
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 2024: $100 is worth $1,170 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1955-to-2024/
APA: InflationCalculator.com. Inflation from 1955 to 2024. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1955-to-2024/