Between 1958 and 1967, the Consumer Price Index went from 28.9 to 33.4.
Cumulatively, prices increased 15.6%, which works out to an average of
1.62% per year. Put differently, a dollar in 1958 bought what
$0.87 buys in 1967.
Common amounts: 1958 dollars in 1967
Amount in 1958
Value in 1967
$1.00
$1.16
$5.00
$5.78
$10.00
$11.56
$20.00
$23.11
$50.00
$57.79
$100
$116
$500
$578
$1,000
$1,156
$5,000
$5,779
$10,000
$11,557
$100,000
$115,571
$1,000,000
$1,155,709
Inflation by spending category, 1958–1967
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1958 spending costs in 1967, by category:
Category
Avg. yearly inflation
$100 in 1958 →
All items (CPI-U)
1.62%
$116
Medical care
3.55%
$137
Core (all items less food & energy)
1.78%
$117
Transportation
1.70%
$116
Apparel
1.50%
$114
Food
1.36%
$113
Energy
1.14%
$111
Not shown because the BLS began these indexes after 1958: housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1958 to 1967: $100 is worth $116 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1958-to-1967/
APA: InflationCalculator.com. Inflation from 1958 to 1967. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1958-to-1967/