# \$6,000 in 1955 → \$55,744.25 in 2018

## Inflation Calculator

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### U.S. Inflation Rate, 1955-2018 (\$6,000)

According to the Bureau of Labor Statistics consumer price index, the dollar experienced an average inflation rate of 3.60% per year. Prices in 2018 are 829.1% higher than prices in 1955.

In other words, \$6,000 in the year 1955 is equivalent in purchasing power to \$55,744.25 in 2018, a difference of \$49,744.25 over 63 years.

The current inflation rate in 2018 is 1.72%1. If this number holds, \$6,000 today will be equivalent to \$6,103.07 next year.

 Cumulative price change 829.07% Average inflation rate 3.60% Price difference (\$6,000 base) \$49,744.25 CPI in 1955 26.8 CPI in 2018 248.991

#### Inflation rates for specific categories

New trucks · Educational books and supplies · Gasoline (all types) · More

S&P 500 price · S&P 500 earnings · Shiller P/E

### How to calculate the inflation rate for \$6,000 since 1955

CPI in 2018 / CPI in 1955 * 1955 USD value = 2018 USD value

Then plug in historical CPI values. The U.S. CPI was 26.8 in the year 1955 and 248.991 in 2018:

248.991 / 26.8 * \$6,000 = \$55,744.25

\$6,000 in 1955 has the same "purchasing power" as \$55,744.25 in 2018.