# \$30 in 1955 → \$277.46 in 2018

## Inflation Calculator

\$

### U.S. Inflation Rate, 1955-2018 (\$30)

According to the Bureau of Labor Statistics consumer price index, the dollar experienced an average inflation rate of 3.59% per year. Prices in 2018 are 824.9% higher than prices in 1955.

In other words, \$30 in the year 1955 is equivalent in purchasing power to \$277.46 in 2018, a difference of \$247.46 over 63 years.

The current inflation rate in 2018 is 1.26%1. If this number holds, \$30 today will be equivalent to \$30.38 next year.

 Cumulative price change 824.87% Average inflation rate 3.59% Price difference (\$30 base) \$247.46 CPI in 1955 26.8 CPI in 2018 247.867

#### Inflation rates for specific categories

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

### How to calculate the inflation rate for \$30 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 247.867 in 2018:

247.867 / 26.8 * \$30 = \$277.46

\$30 in 1955 has the same "purchasing power" as \$277.46 in 2018.