Between 1945 and 1959, the Consumer Price Index went from 18 to 29.1.
Cumulatively, prices increased 61.7%, which works out to an average of
3.49% per year. Put differently, a dollar in 1945 bought what
$0.62 buys in 1959.
Common amounts: 1945 dollars in 1959
Amount in 1945
Value in 1959
$1.00
$1.62
$5.00
$8.08
$10.00
$16.17
$20.00
$32.33
$50.00
$80.83
$100
$162
$500
$808
$1,000
$1,617
$5,000
$8,083
$10,000
$16,167
$100,000
$161,667
$1,000,000
$1,616,667
Inflation by spending category, 1945–1959
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1945 spending costs in 1959, by category:
Category
Avg. yearly inflation
$100 in 1945 →
All items (CPI-U)
3.49%
$162
Transportation
4.59%
$187
Medical care
4.32%
$181
Food
3.94%
$172
Apparel
2.60%
$143
Not shown because the BLS began these indexes after 1945: core (all items less food & energy) (1957–), energy (1957–), housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1945 to 1959: $100 is worth $162 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1945-to-1959/
APA: InflationCalculator.com. Inflation from 1945 to 1959. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1945-to-1959/