U.S. inflation · 1956–2017
$100 in 1956 has the same buying power as
$901
in 2017
| Cumulative price change | 801.2% |
|---|---|
| Average inflation rate | 3.67% per year |
| Converted amount ($100 base) | $901 |
| Price difference ($100 base) | $801 |
| CPI in 1956 | 27.2 |
| CPI in 2017 | 245.12 |
| Inflation in 1956 | 1.49% |
| Inflation in 2017 | 2.13% |
| $100 in 1956 → 2017 | $901 |
| $100 in 2017 → 1956 | $11.10 |
Between 1956 and 2017, the Consumer Price Index went from 27.2 to 245.12. Cumulatively, prices increased 801.2%, which works out to an average of 3.67% per year. Put differently, a dollar in 1956 bought what $0.11 buys in 2017.
| Amount in 1956 | Value in 2017 |
|---|---|
| $1.00 | $9.01 |
| $5.00 | $45.06 |
| $10.00 | $90.12 |
| $20.00 | $180 |
| $50.00 | $451 |
| $100 | $901 |
| $500 | $4,506 |
| $1,000 | $9,012 |
| $5,000 | $45,059 |
| $10,000 | $90,118 |
| $100,000 | $901,176 |
| $1,000,000 | $9,011,765 |
The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1956 spending costs in 2017, by category:
| Category | Avg. yearly inflation | $100 in 1956 → |
|---|---|---|
| All items (CPI-U) | 3.67% | $901 |
| Medical care | 5.43% | $2,515 |
| Food | 3.65% | $893 |
| Transportation | 3.40% | $769 |
| Apparel | 1.75% | $287 |
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–).
| Year | CPI | Inflation rate | $100 from 1956 |
|---|---|---|---|
| 1956 | 27.2 | 1.5% | $100 |
| 1961 | 29.9 | 1.0% | $110 |
| 1966 | 32.4 | 2.9% | $119 |
| 1971 | 40.5 | 4.4% | $149 |
| 1976 | 56.9 | 5.8% | $209 |
| 1981 | 90.9 | 10.3% | $334 |
| 1986 | 109.6 | 1.9% | $403 |
| 1991 | 136.2 | 4.2% | $501 |
| 1996 | 156.9 | 3.0% | $577 |
| 2001 | 177.1 | 2.8% | $651 |
| 2006 | 201.6 | 3.2% | $741 |
| 2011 | 224.939 | 3.2% | $827 |
| 2016 | 240.007 | 1.3% | $882 |
| 2017 | 245.12 | 2.1% | $901 |
Long periods are sampled every 5 years; the calculator above covers any pair of years.
MLA: “Inflation from 1956 to 2017: $100 is worth $901 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1956-to-2017/
APA: InflationCalculator.com. Inflation from 1956 to 2017. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1956-to-2017/
Source: U.S. Bureau of Labor Statistics, CPI-U annual averages (series CUUR0000SA0; category indexes listed on the data sources page). See how these numbers are calculated.