Between 1957 and 1973, the Consumer Price Index went from 28.1 to 44.4.
Cumulatively, prices increased 58.0%, which works out to an average of
2.90% per year. Put differently, a dollar in 1957 bought what
$0.63 buys in 1973.
Common amounts: 1957 dollars in 1973
Amount in 1957
Value in 1973
$1.00
$1.58
$5.00
$7.90
$10.00
$15.80
$20.00
$31.60
$50.00
$79.00
$100
$158
$500
$790
$1,000
$1,580
$5,000
$7,900
$10,000
$15,801
$100,000
$158,007
$1,000,000
$1,580,071
Inflation by spending category, 1957–1973
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1957 spending costs in 1973, by category:
Category
Avg. yearly inflation
$100 in 1957 →
All items (CPI-U)
2.90%
$158
Medical care
4.33%
$197
Food
3.25%
$167
Core (all items less food & energy)
2.89%
$158
Transportation
2.51%
$149
Apparel
2.36%
$145
Energy
1.98%
$137
Not shown because the BLS began these indexes after 1957: housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1957 to 1973: $100 is worth $158 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1957-to-1973/
APA: InflationCalculator.com. Inflation from 1957 to 1973. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1957-to-1973/