Between 1958 and 1997, the Consumer Price Index went from 28.9 to 160.5.
Cumulatively, prices increased 455.4%, which works out to an average of
4.49% per year. Put differently, a dollar in 1958 bought what
$0.18 buys in 1997.
Common amounts: 1958 dollars in 1997
Amount in 1958
Value in 1997
$1.00
$5.55
$5.00
$27.77
$10.00
$55.54
$20.00
$111
$50.00
$278
$100
$555
$500
$2,777
$1,000
$5,554
$5,000
$27,768
$10,000
$55,536
$100,000
$555,363
$1,000,000
$5,553,633
Inflation by spending category, 1958–1997
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1958 spending costs in 1997, by category:
Category
Avg. yearly inflation
$100 in 1958 →
All items (CPI-U)
4.49%
$555
Medical care
6.44%
$1,139
Core (all items less food & energy)
4.58%
$573
Food
4.32%
$521
Energy
4.31%
$519
Transportation
4.24%
$505
Apparel
2.84%
$298
Not shown because the BLS began these indexes after 1958: housing (1967–), recreation (1993–), education & communication (1993–).
Long periods are sampled every 2 years; the calculator above covers any pair of years.
Cite this page
MLA: “Inflation from 1958 to 1997: $100 is worth $555 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1958-to-1997/
APA: InflationCalculator.com. Inflation from 1958 to 1997. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1958-to-1997/