U.S. inflation rate in 1957: 3.31%

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U.S. Inflation Rate, 1957-2018 ($1)

The consumer price index (CPI) in 1957 was 28.1. the Bureau of Labor Statistics uses this CPI value to track inflation on a monthly basis.

According to the Bureau of Labor Statistics consumer price index, the dollar experienced an average inflation rate of 3.63% per year. Prices in 2018 are 778.0% higher than prices in 1957.

In other words, $1 in the year 1957 is equivalent in purchasing power to $8.78 in 2018, a difference of $7.78 over 61 years.

The current inflation rate in 2018 is 0.77%1. If this number holds, $1 today will be equivalent to $1.01 next year.

Inflation from 1957 to 2018
Cumulative price change 778.00%
Average inflation rate 3.63%
Price difference ($1 base) $7.78
CPI in 1957 28.1
CPI in 2018 246.669


U.S. inflation from 1913 to 2017


Inflation rates for specific categories

Wireless telephone services · Gasoline (all types) · Fish and seafood · More

Inflation-adjusted measures

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

How to calculate the inflation rate for $1 since 1957

Start with the inflation rate formula:

CPI in 2018 / CPI in 1957 * 1957 USD value = 2018 USD value

Then plug in historical CPI values. The U.S. CPI was 28.1 in the year 1957 and 246.669 in 2018:

246.669 / 28.1 * $1 = $8.78

$1 in 1957 has the same "purchasing power" as $8.78 in 2018.


News headlines from 1957

Politics and news often influence economic performance. Here's what was happening at the time:

  • Great Britain grants the Federation of Malaya independence.

Inflation Data Source

Raw data for these calculations comes from 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.

You may use the following MLA citation for this page: “Inflation Rate in 1957 | Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 17 Jan. 2018, http://www.in2013dollars.com/inflation-rate-in-1957.


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