U.S. inflation rate in 1954: 0.75%

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U.S. Inflation Rate, 1954-2017 ($1)

The consumer price index (CPI) in 1954 was 26.9. the Bureau of Labor Statistics uses this CPI value to track inflation on a monthly basis.

According to the Bureau of Labor Statistics, the dollar experienced an average inflation rate of 3.57% per year. Prices in 2017 are 810.0% higher than prices in 1954.

In other words, $1 in the year 1954 is equivalent to $9.10 in 2017, a difference of $8.10 over 63 years.

The current inflation rate in 2017 is 1.99%1. If this number holds, $1 today will be equivalent to $1.02 next year.

Inflation from 1954 to 2017
Cumulative price change 810.00%
Average inflation rate 3.57%
Price difference ($1 base) $8.10
CPI in 1954 26.9
CPI in 2017 244.786


U.S. inflation from 1913 to 2017


Inflation rates for specific categories

Juices and nonalcoholic drinks · Indoor plants and flowers · Alcoholic beverages · More

Inflation-adjusted measures

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

How to calculate the inflation rate for $1 since 1954

Start with the inflation rate formula:

CPI in 2017 / CPI in 1954 * 1954 USD value = 2017 USD value

Then plug in historical CPI values. The U.S. CPI was 26.9 in the year 1954 and 244.786 in 2017:

244.786 / 26.9 * $1 = $9.10

The "purchasing power" of $1 from 1954 is $9.10 in 2017.


News headlines from 1954

Politics and news often play an important role in economic performance.

  • IMB gives the first public demonstration of a machine translation system in their New York, head office.
  • Colonel Gamal Abdal Nasser becomes Prime Minister of Egypt.
  • 7 years of fighting ends in Indochina after a formal peace agreement is made between the French and the Communist Viet Minh.

Inflation Data Source: The Bureau of Labor Statistics' (CPI), established in 1913. Inflation data from 1665 to 1912 is sourced from a historical study conducted by political science professor Robert Sahr at Oregon State University.


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