U.S. inflation · 1958–1971
$100 in 1958 has the same buying power as
$140
in 1971
| Cumulative price change | 40.1% |
|---|---|
| Average inflation rate | 2.63% per year |
| Converted amount ($100 base) | $140 |
| Price difference ($100 base) | $40.14 |
| CPI in 1958 | 28.9 |
| CPI in 1971 | 40.5 |
| Inflation in 1958 | 2.85% |
| Inflation in 1971 | 4.38% |
| $100 in 1958 → 1971 | $140 |
| $100 in 1971 → 1958 | $71.36 |
Between 1958 and 1971, the Consumer Price Index went from 28.9 to 40.5. Cumulatively, prices increased 40.1%, which works out to an average of 2.63% per year. Put differently, a dollar in 1958 bought what $0.71 buys in 1971.
| Amount in 1958 | Value in 1971 |
|---|---|
| $1.00 | $1.40 |
| $5.00 | $7.01 |
| $10.00 | $14.01 |
| $20.00 | $28.03 |
| $50.00 | $70.07 |
| $100 | $140 |
| $500 | $701 |
| $1,000 | $1,401 |
| $5,000 | $7,007 |
| $10,000 | $14,014 |
| $100,000 | $140,138 |
| $1,000,000 | $1,401,384 |
The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1958 spending costs in 1971, by category:
| Category | Avg. yearly inflation | $100 in 1958 → |
|---|---|---|
| All items (CPI-U) | 2.63% | $140 |
| Medical care | 4.41% | $175 |
| Core (all items less food & energy) | 2.86% | $144 |
| Transportation | 2.51% | $138 |
| Apparel | 2.45% | $137 |
| Food | 2.26% | $134 |
| Energy | 1.62% | $123 |
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 |
| 1965 | 31.5 | 1.6% | $109 |
| 1966 | 32.4 | 2.9% | $112 |
| 1967 | 33.4 | 3.1% | $116 |
| 1968 | 34.8 | 4.2% | $120 |
| 1969 | 36.7 | 5.5% | $127 |
| 1970 | 38.8 | 5.7% | $134 |
| 1971 | 40.5 | 4.4% | $140 |
MLA: “Inflation from 1958 to 1971: $100 is worth $140 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1958-to-1971/
APA: InflationCalculator.com. Inflation from 1958 to 1971. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1958-to-1971/
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.