Between 1946 and 1958, the Consumer Price Index went from 19.5 to 28.9.
Cumulatively, prices increased 48.2%, which works out to an average of
3.33% per year. Put differently, a dollar in 1946 bought what
$0.67 buys in 1958.
Common amounts: 1946 dollars in 1958
Amount in 1946
Value in 1958
$1.00
$1.48
$5.00
$7.41
$10.00
$14.82
$20.00
$29.64
$50.00
$74.10
$100
$148
$500
$741
$1,000
$1,482
$5,000
$7,410
$10,000
$14,821
$100,000
$148,205
$1,000,000
$1,482,051
Inflation by spending category, 1946–1958
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1946 spending costs in 1958, by category:
Category
Avg. yearly inflation
$100 in 1946 →
All items (CPI-U)
3.33%
$148
Transportation
4.59%
$171
Medical care
4.25%
$165
Food
3.58%
$153
Apparel
2.19%
$130
Not shown because the BLS began these indexes after 1946: core (all items less food & energy) (1957–), energy (1957–), housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1946 to 1958: $100 is worth $148 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1946-to-1958/
APA: InflationCalculator.com. Inflation from 1946 to 1958. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1946-to-1958/