Between 1931 and 1959, the Consumer Price Index went from 15.2 to 29.1.
Cumulatively, prices increased 91.4%, which works out to an average of
2.35% per year. Put differently, a dollar in 1931 bought what
$0.52 buys in 1959.
Common amounts: 1931 dollars in 1959
Amount in 1931
Value in 1959
$1.00
$1.91
$5.00
$9.57
$10.00
$19.14
$20.00
$38.29
$50.00
$95.72
$100
$191
$500
$957
$1,000
$1,914
$5,000
$9,572
$10,000
$19,145
$100,000
$191,447
$1,000,000
$1,914,474
Inflation by spending category, 1931–1959
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1931 spending costs in 1959, by category:
Category
Avg. yearly inflation
$100 in 1931 →
All items (CPI-U)
2.35%
$191
Food
3.02%
$230
Apparel
2.59%
$205
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 1959: $100 is worth $191 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1931-to-1959/
APA: InflationCalculator.com. Inflation from 1931 to 1959. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1931-to-1959/