1.11× price rise
Average US inflation: 1.44% a year over 7 years. Prices did not double in this span. Highest year: 1957 (3.4%). Lowest: 1955 (-0.3%).
| 1953 | in 1960 | 1960 amount in 1953 money |
|---|---|---|
| $1 | $1.11 | $0.90 |
| $10 | $11.05 | $9.05 |
| $100 | $110.52 | $90.48 |
| $1,000 | $1,105.22 | $904.79 |
| $10,000 | $11,052.24 | $9,047.94 |
| $100,000 | $110,522.38 | $90,479.41 |
| Year | Value | Inflation |
|---|---|---|
| 1953 | $100.00 | |
| 1954 | $100.36 | 0.4% |
| 1955 | $100.10 | -0.3% |
| 1956 | $101.58 | 1.5% |
| 1957 | $105.02 | 3.4% |
| 1958 | $107.89 | 2.7% |
| 1959 | $108.90 | 0.9% |
| 1960 | $110.52 | 1.5% |
1953–1959 · 1953–1961 · All years
$100 in 1953 had about the same buying power as $110.52 in 1960, based on US consumer price index data.
About 1.44% per year, compounding to a 10.5% total rise in prices over 7 years.
1957 saw the largest annual rise in the index (3.4%); the lowest was 1955 (-0.3%).