Between 1930 and 1959, the Consumer Price Index went from 16.7 to 29.1.
Cumulatively, prices increased 74.3%, which works out to an average of
1.93% per year. Put differently, a dollar in 1930 bought what
$0.57 buys in 1959.
Common amounts: 1930 dollars in 1959
Amount in 1930
Value in 1959
$1.00
$1.74
$5.00
$8.71
$10.00
$17.43
$20.00
$34.85
$50.00
$87.13
$100
$174
$500
$871
$1,000
$1,743
$5,000
$8,713
$10,000
$17,425
$100,000
$174,251
$1,000,000
$1,742,515
Inflation by spending category, 1930–1959
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1930 spending costs in 1959, by category:
Category
Avg. yearly inflation
$100 in 1930 →
All items (CPI-U)
1.93%
$174
Food
2.25%
$190
Apparel
2.16%
$186
Not shown because the BLS began these indexes after 1930: core (all items less food & energy) (1957–), energy (1957–), housing (1967–), medical care (1935–), transportation (1935–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1930 to 1959: $100 is worth $174 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1930-to-1959/
APA: InflationCalculator.com. Inflation from 1930 to 1959. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1930-to-1959/