Between 1955 and 1959, the Consumer Price Index went from 26.8 to 29.1.
Cumulatively, prices increased 8.6%, which works out to an average of
2.08% per year. Put differently, a dollar in 1955 bought what
$0.92 buys in 1959.
Common amounts: 1955 dollars in 1959
Amount in 1955
Value in 1959
$1.00
$1.09
$5.00
$5.43
$10.00
$10.86
$20.00
$21.72
$50.00
$54.29
$100
$109
$500
$543
$1,000
$1,086
$5,000
$5,429
$10,000
$10,858
$100,000
$108,582
$1,000,000
$1,085,821
Inflation by spending category, 1955–1959
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1955 spending costs in 1959, by category:
Category
Avg. yearly inflation
$100 in 1955 →
All items (CPI-U)
2.08%
$109
Medical care
4.25%
$118
Transportation
3.67%
$116
Food
1.67%
$107
Apparel
1.20%
$105
Not shown because the BLS began these indexes after 1955: core (all items less food & energy) (1957–), energy (1957–), housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1955 to 1959: $100 is worth $109 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1955-to-1959/
APA: InflationCalculator.com. Inflation from 1955 to 1959. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1955-to-1959/