Between 1957 and 1971, the Consumer Price Index went from 28.1 to 40.5.
Cumulatively, prices increased 44.1%, which works out to an average of
2.65% per year. Put differently, a dollar in 1957 bought what
$0.69 buys in 1971.
Common amounts: 1957 dollars in 1971
Amount in 1957
Value in 1971
$1.00
$1.44
$5.00
$7.21
$10.00
$14.41
$20.00
$28.83
$50.00
$72.06
$100
$144
$500
$721
$1,000
$1,441
$5,000
$7,206
$10,000
$14,413
$100,000
$144,128
$1,000,000
$1,441,281
Inflation by spending category, 1957–1971
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1957 spending costs in 1971, by category:
Category
Avg. yearly inflation
$100 in 1957 →
All items (CPI-U)
2.65%
$144
Medical care
4.42%
$183
Core (all items less food & energy)
2.83%
$148
Transportation
2.57%
$143
Food
2.42%
$140
Apparel
2.29%
$137
Energy
1.50%
$123
Not shown because the BLS began these indexes after 1957: housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1957 to 1971: $100 is worth $144 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1957-to-1971/
APA: InflationCalculator.com. Inflation from 1957 to 1971. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1957-to-1971/