1.13× price rise
Average US inflation: 1.50% a year over 8 years. Prices did not double in this span. Highest year: 1957 (3.4%). Lowest: 1955 (-0.3%).
| 1954 | in 1962 | 1962 amount in 1954 money |
|---|---|---|
| $1 | $1.13 | $0.89 |
| $10 | $11.26 | $8.88 |
| $100 | $112.61 | $88.80 |
| $1,000 | $1,126.12 | $888.00 |
| $10,000 | $11,261.24 | $8,880.01 |
| $100,000 | $112,612.44 | $88,800.13 |
| Year | Value | Inflation |
|---|---|---|
| 1954 | $100.00 | |
| 1955 | $99.74 | -0.3% |
| 1956 | $101.21 | 1.5% |
| 1957 | $104.65 | 3.4% |
| 1958 | $107.50 | 2.7% |
| 1959 | $108.51 | 0.9% |
| 1960 | $110.12 | 1.5% |
| 1961 | $111.30 | 1.1% |
| 1962 | $112.61 | 1.2% |
1954–1961 · 1954–1963 · All years
$100 in 1954 had about the same buying power as $112.61 in 1962, based on US consumer price index data.
About 1.50% per year, compounding to a 12.6% total rise in prices over 8 years.
1957 saw the largest annual rise in the index (3.4%); the lowest was 1955 (-0.3%).