U.S. inflation rate in 1955: -0.37%

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U.S. Inflation Rate, 1955-2017 ($1)

The consumer price index (CPI) in 1955 was 26.8. 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 3.63% per year. Prices in 2017 are 813.0% higher than prices in 1955.

In other words, $1 in the year 1955 is equivalent to $9.13 in 2017, a difference of $8.13 over 62 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 1955 to 2017
Cumulative price change 813.00%
Average inflation rate 3.63%
Price difference ($1 base) $8.13
CPI in 1955 26.8
CPI in 2017 244.786


U.S. inflation from 1913 to 2017


Inflation rates for specific categories

Food · Fresh fruits · Bread · More

Inflation-adjusted measures

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

How to calculate the inflation rate for $1 since 1955

Start with the inflation rate formula:

CPI in 2017 / CPI in 1955 * 1955 USD value = 2017 USD value

Then plug in historical CPI values. The U.S. CPI was 26.8 in the year 1955 and 244.786 in 2017:

244.786 / 26.8 * $1 = $9.13

$1 in 1955 has the same "purchasing power" as $9.13 in 2017.


News headlines from 1955

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

  • The occupying powers grant full Sovereignty to West Germany.
  • The Mainau Declaration against nuclear weapons is signed by 18 Nobel laureates.
  • Rosa Parks is arrested in Montgomery, Alabama for refusing to give her seat to a white person and move to the back of the bus.

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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