Between 1957 and 1983, the Consumer Price Index went from 28.1 to 99.6.
Cumulatively, prices increased 254.4%, which works out to an average of
4.99% per year. Put differently, a dollar in 1957 bought what
$0.28 buys in 1983.
Common amounts: 1957 dollars in 1983
Amount in 1957
Value in 1983
$1.00
$3.54
$5.00
$17.72
$10.00
$35.44
$20.00
$70.89
$50.00
$177
$100
$354
$500
$1,772
$1,000
$3,544
$5,000
$17,722
$10,000
$35,445
$100,000
$354,448
$1,000,000
$3,544,484
Inflation by spending category, 1957–1983
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1957 spending costs in 1983, by category:
Category
Avg. yearly inflation
$100 in 1957 →
All items (CPI-U)
4.99%
$354
Medical care
6.47%
$511
Energy
6.09%
$465
Transportation
5.03%
$358
Core (all items less food & energy)
4.87%
$345
Food
4.87%
$344
Apparel
3.17%
$225
Not shown because the BLS began these indexes after 1957: housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1957 to 1983: $100 is worth $354 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1957-to-1983/
APA: InflationCalculator.com. Inflation from 1957 to 1983. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1957-to-1983/