Between 1957 and 1961, the Consumer Price Index went from 28.1 to 29.9.
Cumulatively, prices increased 6.4%, which works out to an average of
1.56% per year. Put differently, a dollar in 1957 bought what
$0.94 buys in 1961.
Common amounts: 1957 dollars in 1961
Amount in 1957
Value in 1961
$1.00
$1.06
$5.00
$5.32
$10.00
$10.64
$20.00
$21.28
$50.00
$53.20
$100
$106
$500
$532
$1,000
$1,064
$5,000
$5,320
$10,000
$10,641
$100,000
$106,406
$1,000,000
$1,064,057
Inflation by spending category, 1957–1961
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1957 spending costs in 1961, by category:
Category
Avg. yearly inflation
$100 in 1957 →
All items (CPI-U)
1.56%
$106
Medical care
3.83%
$116
Transportation
2.10%
$109
Core (all items less food & energy)
1.77%
$107
Food
1.27%
$105
Energy
1.14%
$105
Apparel
0.89%
$104
Not shown because the BLS began these indexes after 1957: housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1957 to 1961: $100 is worth $106 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1957-to-1961/
APA: InflationCalculator.com. Inflation from 1957 to 1961. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1957-to-1961/