Calculate the Value of $550 in 1954

What is $550 in 1954 worth in today's money?
Amount
$
From
To
$5,326
Adjusted for inflation, $550 in 1954 is equal to $5,326 in 2021.
Annual inflation over this period was 3.45%.
Value of a dollar. Calculates inflation to see what a U.S. dollar was worth in the past and today. View historical and today's current inflation rates, using the CPI provided by the United States government. Inflation data is updated regularly, so results may differ from other websites. How much has the cost of living increased? What was inflation for a specific period?
How much is $550 in 1954 dollars worth?
Year Equivalent
2021 $5,326
2020 $5,254
2019 $5,137
2018 $5,040
2017 $4,936
2016 $4,836
2015 $4,801
2014 $4,765
2013 $4,694
2012 $4,614
2011 $4,481
2010 $4,415
2009 $4,298
2008 $4,294
2007 $4,126
2006 $4,024
2005 $3,891
2004 $3,768
2003 $3,699
2002 $3,613
2001 $3,558
2000 $3,441
1999 $3,351
1998 $3,298
1997 $3,243
1996 $3,138
1995 $3,061
Year Equivalent
1994 $2,981
1993 $2,901
1992 $2,820
1991 $2,736
1990 $2,578
1989 $2,464
1988 $2,359
1987 $2,259
1986 $2,235
1985 $2,153
1984 $2,071
1983 $1,996
1982 $1,922
1981 $1,764
1980 $1,568
1979 $1,384
1978 $1,270
1977 $1,190
1976 $1,135
1975 $1,061
1974 $945
1973 $869
1972 $840
1971 $814
1970 $771
1969 $726
1968 $693
Year Equivalent
1967 $673
1966 $650
1965 $638
1964 $632
1963 $622
1962 $613
1961 $609
1960 $601
1959 $591
1958 $581
1957 $564
1956 $548
1955 $546
1954 $550
1953 $546
1952 $542
1951 $511
1950 $483
1949 $493
1948 $478
1947 $440
1946 $372
1945 $364
1944 $356
1943 $346
1942 $317
1941 $288
Year Equivalent
1940 $286
1939 $286
1938 $294
1937 $286
1936 $282
1935 $274
1934 $270
1933 $268
1932 $299
1931 $329
1930 $352
1929 $350
1928 $354
1927 $362
1926 $366
1925 $354
1924 $354
1923 $346
1922 $354
1921 $397
1920 $386
1919 $337
1918 $280
1917 $237
1916 $211
1915 $207
1914 $204