Between 1932 and 1958, the Consumer Price Index went from 13.7 to 28.9.
Cumulatively, prices increased 110.9%, which works out to an average of
2.91% per year. Put differently, a dollar in 1932 bought what
$0.47 buys in 1958.
Common amounts: 1932 dollars in 1958
Amount in 1932
Value in 1958
$1.00
$2.11
$5.00
$10.55
$10.00
$21.09
$20.00
$42.19
$50.00
$105
$100
$211
$500
$1,055
$1,000
$2,109
$5,000
$10,547
$10,000
$21,095
$100,000
$210,949
$1,000,000
$2,109,489
Inflation by spending category, 1932–1958
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1932 spending costs in 1958, by category:
Category
Avg. yearly inflation
$100 in 1932 →
All items (CPI-U)
2.91%
$211
Food
4.07%
$282
Apparel
3.23%
$229
Not shown because the BLS began these indexes after 1932: core (all items less food & energy) (1957–), energy (1957–), housing (1967–), medical care (1935–), transportation (1935–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1932 to 1958: $100 is worth $211 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1932-to-1958/
APA: InflationCalculator.com. Inflation from 1932 to 1958. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1932-to-1958/