Between 1931 and 1958, the Consumer Price Index went from 15.2 to 28.9.
Cumulatively, prices increased 90.1%, which works out to an average of
2.41% per year. Put differently, a dollar in 1931 bought what
$0.53 buys in 1958.
Common amounts: 1931 dollars in 1958
Amount in 1931
Value in 1958
$1.00
$1.90
$5.00
$9.51
$10.00
$19.01
$20.00
$38.03
$50.00
$95.07
$100
$190
$500
$951
$1,000
$1,901
$5,000
$9,507
$10,000
$19,013
$100,000
$190,132
$1,000,000
$1,901,316
Inflation by spending category, 1931–1958
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1931 spending costs in 1958, by category:
Category
Avg. yearly inflation
$100 in 1931 →
All items (CPI-U)
2.41%
$190
Food
3.20%
$234
Apparel
2.65%
$203
Not shown because the BLS began these indexes after 1931: core (all items less food & energy) (1957–), energy (1957–), housing (1967–), medical care (1935–), transportation (1935–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1931 to 1958: $100 is worth $190 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1931-to-1958/
APA: InflationCalculator.com. Inflation from 1931 to 1958. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1931-to-1958/