U.S. inflation · 1958–1964
$100 in 1958 has the same buying power as
$107
in 1964
| Cumulative price change | 7.3% |
|---|---|
| Average inflation rate | 1.18% per year |
| Converted amount ($100 base) | $107 |
| Price difference ($100 base) | $7.27 |
| CPI in 1958 | 28.9 |
| CPI in 1964 | 31 |
| Inflation in 1958 | 2.85% |
| Inflation in 1964 | 1.31% |
| $100 in 1958 → 1964 | $107 |
| $100 in 1964 → 1958 | $93.23 |
Between 1958 and 1964, the Consumer Price Index went from 28.9 to 31. Cumulatively, prices increased 7.3%, which works out to an average of 1.18% per year. Put differently, a dollar in 1958 bought what $0.93 buys in 1964.
| Amount in 1958 | Value in 1964 |
|---|---|
| $1.00 | $1.07 |
| $5.00 | $5.36 |
| $10.00 | $10.73 |
| $20.00 | $21.45 |
| $50.00 | $53.63 |
| $100 | $107 |
| $500 | $536 |
| $1,000 | $1,073 |
| $5,000 | $5,363 |
| $10,000 | $10,727 |
| $100,000 | $107,266 |
| $1,000,000 | $1,072,664 |
The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1958 spending costs in 1964, by category:
| Category | Avg. yearly inflation | $100 in 1958 → |
|---|---|---|
| All items (CPI-U) | 1.18% | $107 |
| Medical care | 3.00% | $119 |
| Transportation | 1.57% | $110 |
| Core (all items less food & energy) | 1.47% | $109 |
| Apparel | 0.98% | $106 |
| Energy | 0.76% | $105 |
| Food | 0.70% | $104 |
Not shown because the BLS began these indexes after 1958: housing (1967–), recreation (1993–), education & communication (1993–).
| Year | CPI | Inflation rate | $100 from 1958 |
|---|---|---|---|
| 1958 | 28.9 | 2.8% | $100 |
| 1959 | 29.1 | 0.7% | $101 |
| 1960 | 29.6 | 1.7% | $102 |
| 1961 | 29.9 | 1.0% | $103 |
| 1962 | 30.2 | 1.0% | $104 |
| 1963 | 30.6 | 1.3% | $106 |
| 1964 | 31 | 1.3% | $107 |
MLA: “Inflation from 1958 to 1964: $100 is worth $107 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1958-to-1964/
APA: InflationCalculator.com. Inflation from 1958 to 1964. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1958-to-1964/
Source: U.S. Bureau of Labor Statistics, CPI-U annual averages (series CUUR0000SA0; category indexes listed on the data sources page). See how these numbers are calculated.