1.13× price rise
Average US inflation: 1.72% a year over 7 years. Prices did not double in this span. Highest year: 1957 (3.4%). Lowest: 1959 (0.9%).
| 1956 | in 1963 | 1963 amount in 1956 money |
|---|---|---|
| $1 | $1.13 | $0.89 |
| $10 | $11.27 | $8.88 |
| $100 | $112.66 | $88.76 |
| $1,000 | $1,126.61 | $887.62 |
| $10,000 | $11,266.05 | $8,876.22 |
| $100,000 | $112,660.52 | $88,762.24 |
| Year | Value | Inflation |
|---|---|---|
| 1956 | $100.00 | |
| 1957 | $103.39 | 3.4% |
| 1958 | $106.22 | 2.7% |
| 1959 | $107.21 | 0.9% |
| 1960 | $108.81 | 1.5% |
| 1961 | $109.97 | 1.1% |
| 1962 | $111.26 | 1.2% |
| 1963 | $112.66 | 1.3% |
1956–1962 · 1956–1964 · All years
$100 in 1956 had about the same buying power as $112.66 in 1963, based on US consumer price index data.
About 1.72% per year, compounding to a 12.7% total rise in prices over 7 years.
1957 saw the largest annual rise in the index (3.4%); the lowest was 1959 (0.9%).