Between 1929 and 1958, the Consumer Price Index went from 17.1 to 28.9.
Cumulatively, prices increased 69.0%, which works out to an average of
1.83% per year. Put differently, a dollar in 1929 bought what
$0.59 buys in 1958.
Common amounts: 1929 dollars in 1958
Amount in 1929
Value in 1958
$1.00
$1.69
$5.00
$8.45
$10.00
$16.90
$20.00
$33.80
$50.00
$84.50
$100
$169
$500
$845
$1,000
$1,690
$5,000
$8,450
$10,000
$16,901
$100,000
$169,006
$1,000,000
$1,690,058
Inflation by spending category, 1929–1958
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1929 spending costs in 1958, by category:
Category
Avg. yearly inflation
$100 in 1929 →
All items (CPI-U)
1.83%
$169
Food
2.11%
$183
Apparel
2.06%
$181
Not shown because the BLS began these indexes after 1929: core (all items less food & energy) (1957–), energy (1957–), housing (1967–), medical care (1935–), transportation (1935–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1929 to 1958: $100 is worth $169 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1929-to-1958/
APA: InflationCalculator.com. Inflation from 1929 to 1958. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1929-to-1958/