Between 1958 and 2003, the Consumer Price Index went from 28.9 to 184.
Cumulatively, prices increased 536.7%, which works out to an average of
4.20% per year. Put differently, a dollar in 1958 bought what
$0.16 buys in 2003.
Common amounts: 1958 dollars in 2003
Amount in 1958
Value in 2003
$1.00
$6.37
$5.00
$31.83
$10.00
$63.67
$20.00
$127
$50.00
$318
$100
$637
$500
$3,183
$1,000
$6,367
$5,000
$31,834
$10,000
$63,668
$100,000
$636,678
$1,000,000
$6,366,782
Inflation by spending category, 1958–2003
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1958 spending costs in 2003, by category:
Category
Avg. yearly inflation
$100 in 1958 →
All items (CPI-U)
4.20%
$637
Medical care
6.11%
$1,442
Core (all items less food & energy)
4.26%
$653
Energy
4.19%
$635
Food
4.05%
$596
Transportation
3.87%
$551
Apparel
2.24%
$271
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 2003: $100 is worth $637 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1958-to-2003/
APA: InflationCalculator.com. Inflation from 1958 to 2003. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1958-to-2003/