Between 1957 and 1964, the Consumer Price Index went from 28.1 to 31.
Cumulatively, prices increased 10.3%, which works out to an average of
1.41% per year. Put differently, a dollar in 1957 bought what
$0.91 buys in 1964.
Common amounts: 1957 dollars in 1964
Amount in 1957
Value in 1964
$1.00
$1.10
$5.00
$5.52
$10.00
$11.03
$20.00
$22.06
$50.00
$55.16
$100
$110
$500
$552
$1,000
$1,103
$5,000
$5,516
$10,000
$11,032
$100,000
$110,320
$1,000,000
$1,103,203
Inflation by spending category, 1957–1964
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1957 spending costs in 1964, by category:
Category
Avg. yearly inflation
$100 in 1957 →
All items (CPI-U)
1.41%
$110
Medical care
3.22%
$125
Transportation
1.81%
$113
Core (all items less food & energy)
1.60%
$112
Food
1.24%
$109
Apparel
0.88%
$106
Energy
0.65%
$105
Not shown because the BLS began these indexes after 1957: housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1957 to 1964: $100 is worth $110 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1957-to-1964/
APA: InflationCalculator.com. Inflation from 1957 to 1964. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1957-to-1964/