Between 1957 and 1966, the Consumer Price Index went from 28.1 to 32.4.
Cumulatively, prices increased 15.3%, which works out to an average of
1.59% per year. Put differently, a dollar in 1957 bought what
$0.87 buys in 1966.
Common amounts: 1957 dollars in 1966
Amount in 1957
Value in 1966
$1.00
$1.15
$5.00
$5.77
$10.00
$11.53
$20.00
$23.06
$50.00
$57.65
$100
$115
$500
$577
$1,000
$1,153
$5,000
$5,765
$10,000
$11,530
$100,000
$115,302
$1,000,000
$1,153,025
Inflation by spending category, 1957–1966
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1957 spending costs in 1966, by category:
Category
Avg. yearly inflation
$100 in 1957 →
All items (CPI-U)
1.59%
$115
Medical care
3.26%
$134
Food
1.76%
$117
Transportation
1.72%
$117
Core (all items less food & energy)
1.65%
$116
Apparel
1.08%
$110
Energy
0.90%
$108
Not shown because the BLS began these indexes after 1957: housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1957 to 1966: $100 is worth $115 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1957-to-1966/
APA: InflationCalculator.com. Inflation from 1957 to 1966. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1957-to-1966/