$100 in 1957 is worth $1,041 in 2022,
because prices increased 941.5% over that period, an average of
3.67% a year.
$100 in 1957 has
the same buying power as
$1,041
in 2022
Detailed inflation statistics
Cumulative price change
941.5%
Average inflation rate
3.67% per year
Converted amount ($100 base)
$1,041
Price difference ($100 base)
$941
CPI in 1957
28.1
CPI in 2022
292.655
Inflation in 1957
3.31%
Inflation in 2022
8.00%
$100 in 1957 → 2022
$1,041
$100 in 2022 → 1957
$9.60
What happened to prices between 1957 and 2022
Between 1957 and 2022, the Consumer Price Index went from 28.1 to 292.655.
Cumulatively, prices increased 941.5%, which works out to an average of
3.67% per year. Put differently, a dollar in 1957 bought what
$0.10 buys in 2022: the 1957 dollar
lost 90.4% of its purchasing power over
these 65 years.
Consumer prices rose 3.3% in 1957, up from 1956’s 1.5% and
the sharpest increase since the Korean War price surge of 1951. The jump
fed a growing debate among economists over “cost-push” inflation, prices
climbing from rising wages and material costs rather than excess demand,
a debate that would recur for the next quarter century. The Federal
Reserve tightened policy to fight it, and by August the tighter money
combined with falling business investment to tip the economy into a
recession, according to the National Bureau of Economic Research’s
dating. The Cold War took a technological turn that October, when the
Soviet Union launched Sputnik, the first artificial satellite, on the
4th, stunning the American public and setting off both the Space Race and
a surge in federal science and defense spending the following year. Civil
rights reached a crisis that September in Little Rock, Arkansas: after
Governor Orval Faubus used the National Guard to block nine Black
students from Central High School, Eisenhower federalized the Guard and
sent the 101st Airborne Division to enforce the Supreme Court’s
desegregation order. Consumer prices finished 1957 183.8% above their
1913 level. First-class postage held at 3 cents, and the
minimum wage stood at $1.00 an hour.
Every 1957 amount converts to 2022 at the same ratio, 10.41: $1,000 becomes
$10,415, and $10,000 becomes $104,148.
Amount in 1957
Value in 2022
$1.00
$10.41
$5.00
$52.07
$10.00
$104
$20.00
$208
$50.00
$521
$100
$1,041
$500
$5,207
$1,000
$10,415
$5,000
$52,074
$10,000
$104,148
$100,000
$1,041,477
$1,000,000
$10,414,769
Inflation by spending category, 1957–2022
Between 1957 and 2022, medical care rose the most, up 2674.4%, while apparel rose the least, up 185.6%, against 941.5% for all items. The headline number is an average; here is what $100 of 1957
spending costs in 2022, by category:
Category
Avg. yearly inflation
$100 in 1957 →
All items (CPI-U)
3.67%
$1,041
Medical care
5.25%
$2,774
Energy
4.13%
$1,387
Food
3.69%
$1,057
Core (all items less food & energy)
3.63%
$1,018
Transportation
3.54%
$961
Apparel
1.63%
$286
Not shown because the BLS began these indexes after 1957: housing (1967–), recreation (1993–), education & communication (1993–).
Decade by decade: 1957 to 2022
Prices climbed fastest in the 1970s, averaging 7.82% a year, and slowest in the 2010s (1.73% a year). Each step below chains into the full 1957–2022 change:
Years
Avg. yearly inflation
Price change
$100 from 1957, at end
1957–1960
1.75%
5.3%
$105
1960–1970
2.74%
31.1%
$138
1970–1980
7.82%
112.4%
$293
1980–1990
4.72%
58.6%
$465
1990–2000
2.80%
31.8%
$613
2000–2010
2.39%
26.6%
$776
2010–2020
1.73%
18.7%
$921
2020–2022
6.34%
13.1%
$1,041
Year by year: CPI and the value of $100 from 1957
$100 from 1957 had already become $404 by
1987, on its way to $1,041 in 2022; each row shows the CPI, that
year's inflation rate, and the running value.
Within the span, inflation peaked at 13.5% in 1980, and prices fell 0.4% in 2009, the deepest deflation of the period.
Long periods are sampled every 5 years; the calculator above covers any pair of years.
The destination year: 2022
In 2022, prices rose 8.0% and $100 from 1957 had the buying
power of $1,041; the year's average CPI of 292.655 is the level
behind every 2022 figure on this page.
2022 was the year inflation returned. Consumer prices rose 8.0% on average,
the worst since 1981, driven by pandemic-era supply chains, stimulus-fueled
demand, and an energy shock from the war in Ukraine. Gas briefly topped $5 a
gallon nationally for the first time ever, and “inflation” became the
top-ranked economic concern in nearly every poll of American households.
MLA: “Inflation from 1957 to 2022: $100 is worth $1,041 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1957-to-2022/
APA: InflationCalculator.com. Inflation from 1957 to 2022. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1957-to-2022/