1.13× price rise
Average US inflation: 1.75% a year over 7 years. Prices did not double in this span. Highest year: 1957 (3.4%). Lowest: 1959 (0.9%).
| 1955 | in 1962 | 1962 amount in 1955 money |
|---|---|---|
| $1 | $1.13 | $0.89 |
| $10 | $11.29 | $8.86 |
| $100 | $112.90 | $88.57 |
| $1,000 | $1,129.03 | $885.72 |
| $10,000 | $11,290.31 | $8,857.15 |
| $100,000 | $112,903.13 | $88,571.51 |
| Year | Value | Inflation |
|---|---|---|
| 1955 | $100.00 | |
| 1956 | $101.47 | 1.5% |
| 1957 | $104.92 | 3.4% |
| 1958 | $107.78 | 2.7% |
| 1959 | $108.79 | 0.9% |
| 1960 | $110.41 | 1.5% |
| 1961 | $111.59 | 1.1% |
| 1962 | $112.90 | 1.2% |
1955–1961 · 1955–1963 · All years
$100 in 1955 had about the same buying power as $112.90 in 1962, based on US consumer price index data.
About 1.75% per year, compounding to a 12.9% total rise in prices over 7 years.
1957 saw the largest annual rise in the index (3.4%); the lowest was 1959 (0.9%).