Between 1946 and 1959, the Consumer Price Index went from 19.5 to 29.1.
Cumulatively, prices increased 49.2%, which works out to an average of
3.13% per year. Put differently, a dollar in 1946 bought what
$0.67 buys in 1959.
Common amounts: 1946 dollars in 1959
Amount in 1946
Value in 1959
$1.00
$1.49
$5.00
$7.46
$10.00
$14.92
$20.00
$29.85
$50.00
$74.62
$100
$149
$500
$746
$1,000
$1,492
$5,000
$7,462
$10,000
$14,923
$100,000
$149,231
$1,000,000
$1,492,308
Inflation by spending category, 1946–1959
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1946 spending costs in 1959, by category:
Category
Avg. yearly inflation
$100 in 1946 →
All items (CPI-U)
3.13%
$149
Transportation
4.56%
$178
Medical care
4.26%
$172
Food
3.17%
$150
Apparel
2.09%
$131
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 1959: $100 is worth $149 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1946-to-1959/
APA: InflationCalculator.com. Inflation from 1946 to 1959. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1946-to-1959/