Between 1956 and 1993, the Consumer Price Index went from 27.2 to 144.5.
Cumulatively, prices increased 431.3%, which works out to an average of
4.62% per year. Put differently, a dollar in 1956 bought what
$0.19 buys in 1993.
Common amounts: 1956 dollars in 1993
Amount in 1956
Value in 1993
$1.00
$5.31
$5.00
$26.56
$10.00
$53.13
$20.00
$106
$50.00
$266
$100
$531
$500
$2,656
$1,000
$5,313
$5,000
$26,563
$10,000
$53,125
$100,000
$531,250
$1,000,000
$5,312,500
Inflation by spending category, 1956–1993
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1956 spending costs in 1993, by category:
Category
Avg. yearly inflation
$100 in 1956 →
All items (CPI-U)
4.62%
$531
Medical care
6.60%
$1,066
Food
4.46%
$503
Transportation
4.43%
$498
Apparel
3.07%
$306
Not shown because the BLS began these indexes after 1956: 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 1956 to 1993: $100 is worth $531 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1956-to-1993/
APA: InflationCalculator.com. Inflation from 1956 to 1993. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1956-to-1993/