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Value of 1957 US Dollars today

$100 in 1957
$1,034.47 in 2022

The inflation rate in the United States between 1957 and today has been 934.47%, which translates into a total increase of $934.47. This means that 100 dollars in 1957 are equivalent to 1,034.47 dollars in 2022. In other words, the purchasing power of $100 in 1957 equals $1,034.47 today. The average annual inflation rate between these periods has been 3.66%.

Inflation timeline in the United States (1957 - 2022)

The following chart depicts the equivalence of $100 due to compound inflation and CPI changes. All values are equivalent in terms of purchasing power, which means that for each year the same goods or services could be bought with the indicated amount of money.

All calculations are performed in the local currency (USD) and using 6 decimal digits. Results show only up to 2 decimal digits to favour readability. Inflation data is provided by governments and international institutions on a monthly basis. Today's values were extrapolated from the latest 12-month rolling average official data.

The following table contains relevant indicators:

Indicator Value
Cumulative inflation 1957-2021 864.59%
Cumulative inflation 1957-today 934.47%
Avg. Annual inflation 1957-2021 3.6%
CPI 1957 11.85
CPI 2021 114.33
CPI 2022-03 (latest official data) 121.3
CPI today 122.61

How to calculate today's value of money after inflation?

There are several ways to calculate the time value of money. Depending on the data available, results can be obtained by using the Consumer Price Index (CPI) formula or the compound interest formula.

Using the CPI formula

When we have both the start and end years, we can use the following formula:

Valuet =Value0 ×
CPIt/CPI0

To obtain the values equivalent in buying power between 1957 and 2021, use the corresponding CPI values:

Value2021
=Value1957 ×
CPI2021/CPI1957
=$ 100 ×
114.33/11.85
$964.59

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 122.61:

Valuetoday
=Value1957 ×
CPItoday/CPI1957
=$ 100 ×
122.61/11.85
$1,034.47

Alternative: Using the compound interest formula

Given that money changes with time as a result of an inflation rate that acts as compound interest, we can use the following formula: FV = PV × (1 + i)n, where:

  • FV: Future Value
  • PV: Present Value
  • i: Interest rate (inflation)
  • n: Number of times the interest is compounded (i.e. # of years)

In this case, the future value represents the final amount obtained after applying the inflation rate to our initial value. In other words, it indicates how much are $100 worth today. There are 64 years between 1957 and 2021 and the average inflation rate was 3.6049%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=$100 × (1 + 0.036049)64
$964.59

US inflation - Conversion table

Initial Value Equivalent value
$1 dollar in 1957 $9.65 dollars in 2021
$5 dollars in 1957 $48.23 dollars in 2021
$10 dollars in 1957 $96.46 dollars in 2021
$50 dollars in 1957 $482.3 dollars in 2021
$100 dollars in 1957 $964.59 dollars in 2021
$500 dollars in 1957 $4,822.96 dollars in 2021
$1,000 dollars in 1957 $9,645.91 dollars in 2021
$5,000 dollars in 1957 $48,229.56 dollars in 2021
$10,000 dollars in 1957 $96,459.13 dollars in 2021
$50,000 dollars in 1957 $482,295.65 dollars in 2021
$100,000 dollars in 1957 $964,591.29 dollars in 2021
$500,000 dollars in 1957 $4,822,956.47 dollars in 2021
$1,000,000 dollars in 1957 $9,645,912.94 dollars in 2021
Cumulative inflation From 1957 934.47%
Avg. annual inflation From 1957 3.66%
CPI 1957 11.85
CPI today 122.61

Value of Dollar over time (by year)

Period Value
1957 100
1958 102.73
1959 103.77
1960 105.28
1961 106.41
1962 107.68
1963 109.02
1964 110.41
1965 112.16
1966 115.54
1967 118.75
1968 123.82
1969 130.58
1970 138.21
1971 144.14
1972 148.86
1973 158.05
1974 175.53
1975 191.58
1976 202.58
1977 215.75
1978 232.22
1979 258.35
1980 293.36
1981 323.67
1982 343.52
1983 354.55
1984 369.8
1985 382.91
1986 390.18
1987 404.48
1988 420.97
1989 441.29
1990 465.11
1991 484.81
1992 499.5
1993 514.24
1994 527.65
1995 542.45
1996 558.35
1997 571.4
1998 580.27
1999 592.97
2000 612.99
2001 630.32
2002 640.31
2003 654.85
2004 672.38
2005 695.19
2006 717.62
2007 738.09
2008 766.43
2009 763.7
2010 776.23
2011 800.73
2012 817.3
2013 829.27
2014 842.73
2015 843.73
2016 854.37
2017 872.57
2018 893.88
2019 910.08
2020 921.31
2021 964.59
2022-03 1,023.45
Today 1,034.47

All available years

Today's value of US dollars by year:

1956 | 1957 | 1958 | 1959 | 1960 | 1961 | 1962 | 1963 | 1964 | 1965 | 1966 | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |

Other currencies: