Between 1939 and 1958, the Consumer Price Index went from 13.9 to 28.9.
Cumulatively, prices increased 107.9%, which works out to an average of
3.93% per year. Put differently, a dollar in 1939 bought what
$0.48 buys in 1958.
Common amounts: 1939 dollars in 1958
Amount in 1939
Value in 1958
$1.00
$2.08
$5.00
$10.40
$10.00
$20.79
$20.00
$41.58
$50.00
$104
$100
$208
$500
$1,040
$1,000
$2,079
$5,000
$10,396
$10,000
$20,791
$100,000
$207,914
$1,000,000
$2,079,137
Inflation by spending category, 1939–1958
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1939 spending costs in 1958, by category:
Category
Avg. yearly inflation
$100 in 1939 →
All items (CPI-U)
3.93%
$208
Food
5.07%
$256
Apparel
3.89%
$206
Medical care
3.72%
$200
Transportation
3.72%
$200
Not shown because the BLS began these indexes after 1939: core (all items less food & energy) (1957–), energy (1957–), housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1939 to 1958: $100 is worth $208 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1939-to-1958/
APA: InflationCalculator.com. Inflation from 1939 to 1958. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1939-to-1958/