1.13× price rise
Average US inflation: 1.37% a year over 9 years. Prices did not double in this span. Highest year: 1957 (3.4%). Lowest: 1955 (-0.3%).
| 1953 | in 1962 | 1962 amount in 1953 money |
|---|---|---|
| $1 | $1.13 | $0.88 |
| $10 | $11.30 | $8.85 |
| $100 | $113.02 | $88.48 |
| $1,000 | $1,130.19 | $884.81 |
| $10,000 | $11,301.91 | $8,848.06 |
| $100,000 | $113,019.11 | $88,480.61 |
| 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% |
| 1961 | $111.71 | 1.1% |
| 1962 | $113.02 | 1.2% |
1953–1961 · 1953–1963 · All years
$100 in 1953 had about the same buying power as $113.02 in 1962, based on US consumer price index data.
About 1.37% per year, compounding to a 13.0% total rise in prices over 9 years.
1957 saw the largest annual rise in the index (3.4%); the lowest was 1955 (-0.3%).