Between 1958 and 2016, the Consumer Price Index went from 28.9 to 240.007.
Cumulatively, prices increased 730.5%, which works out to an average of
3.72% per year. Put differently, a dollar in 1958 bought what
$0.12 buys in 2016.
Common amounts: 1958 dollars in 2016
Amount in 1958
Value in 2016
$1.00
$8.30
$5.00
$41.52
$10.00
$83.05
$20.00
$166
$50.00
$415
$100
$830
$500
$4,152
$1,000
$8,305
$5,000
$41,524
$10,000
$83,047
$100,000
$830,474
$1,000,000
$8,304,740
Inflation by spending category, 1958–2016
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1958 spending costs in 2016, by category:
Category
Avg. yearly inflation
$100 in 1958 →
All items (CPI-U)
3.72%
$830
Medical care
5.52%
$2,251
Energy
3.82%
$882
Core (all items less food & energy)
3.73%
$836
Food
3.70%
$821
Transportation
3.36%
$681
Apparel
1.81%
$283
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 2016: $100 is worth $830 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1958-to-2016/
APA: InflationCalculator.com. Inflation from 1958 to 2016. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1958-to-2016/