$100 in 1958 is worth $1,013 in 2022,
because prices increased 912.6% over that period, an average of
3.68% a year.
$100 in 1958 has
the same buying power as
$1,013
in 2022
Detailed inflation statistics
Cumulative price change
912.6%
Average inflation rate
3.68% per year
Converted amount ($100 base)
$1,013
Price difference ($100 base)
$913
CPI in 1958
28.9
CPI in 2022
292.655
Inflation in 1958
2.85%
Inflation in 2022
8.00%
$100 in 1958 → 2022
$1,013
$100 in 2022 → 1958
$9.88
What happened to prices between 1958 and 2022
Between 1958 and 2022, the Consumer Price Index went from 28.9 to 292.655.
Cumulatively, prices increased 912.6%, which works out to an average of
3.68% per year. Put differently, a dollar in 1958 bought what
$0.10 buys in 2022: the 1958 dollar
lost 90.1% of its purchasing power over
these 64 years.
Consumer prices rose 2.8% in 1958, down only slightly from
1957’s 3.3% even as the country sank into the sharpest
postwar recession to that point, an early sign that inflation and a
shrinking economy could coexist rather than trade off against each other.
The National Bureau of Economic Research dates the downturn’s trough to
that April, with unemployment peaking near 7.5% that summer, the worst
reading since the 1930s. The Post Office raised first-class postage to 4
cents that August 1, up from 3 cents, the rate’s first change since 1932.
Washington answered the Soviet Union’s technological lead that summer
too: Eisenhower signed the National Aeronautics and Space Act on July 29,
establishing NASA, which opened for business that October 1 to compete
with the Soviet space program after the shock of Sputnik the year before.
Consumer prices finished 1958 191.9% above their 1913
level. The minimum wage held at $1.00 an hour, and first-class postage
rose to 4 cents that August, the first increase since 1932.
Every 1958 amount converts to 2022 at the same ratio, 10.13: $1,000 becomes
$10,126, and $10,000 becomes $101,265.
Amount in 1958
Value in 2022
$1.00
$10.13
$5.00
$50.63
$10.00
$101
$20.00
$203
$50.00
$506
$100
$1,013
$500
$5,063
$1,000
$10,126
$5,000
$50,632
$10,000
$101,265
$100,000
$1,012,647
$1,000,000
$10,126,471
Inflation by spending category, 1958–2022
Between 1958 and 2022, medical care rose the most, up 2553.2%, while apparel rose the least, up 184.9%, against 912.6% for all items. The headline number is an average; here is what $100 of 1958
spending costs in 2022, by category:
Category
Avg. yearly inflation
$100 in 1958 →
All items (CPI-U)
3.68%
$1,013
Medical care
5.26%
$2,653
Energy
4.19%
$1,387
Food
3.68%
$1,011
Core (all items less food & energy)
3.65%
$994
Transportation
3.55%
$931
Apparel
1.65%
$285
Not shown because the BLS began these indexes after 1958: housing (1967–), recreation (1993–), education & communication (1993–).
Decade by decade: 1958 to 2022
Prices climbed fastest in the 1970s, averaging 7.82% a year, and slowest in the 1950s (1.20% a year). Each step below chains into the full 1958–2022 change:
Years
Avg. yearly inflation
Price change
$100 from 1958, at end
1958–1960
1.20%
2.4%
$102
1960–1970
2.74%
31.1%
$134
1970–1980
7.82%
112.4%
$285
1980–1990
4.72%
58.6%
$452
1990–2000
2.80%
31.8%
$596
2000–2010
2.39%
26.6%
$755
2010–2020
1.73%
18.7%
$896
2020–2022
6.34%
13.1%
$1,013
Year by year: CPI and the value of $100 from 1958
$100 from 1958 had already become $409 by
1988, on its way to $1,013 in 2022; each row shows the CPI, that
year's inflation rate, and the running value.
Within the span, inflation peaked at 13.5% in 1980, and prices fell 0.4% in 2009, the deepest deflation of the period.
Long periods are sampled every 5 years; the calculator above covers any pair of years.
The destination year: 2022
In 2022, prices rose 8.0% and $100 from 1958 had the buying
power of $1,013; the year's average CPI of 292.655 is the level
behind every 2022 figure on this page.
2022 was the year inflation returned. Consumer prices rose 8.0% on average,
the worst since 1981, driven by pandemic-era supply chains, stimulus-fueled
demand, and an energy shock from the war in Ukraine. Gas briefly topped $5 a
gallon nationally for the first time ever, and “inflation” became the
top-ranked economic concern in nearly every poll of American households.
MLA: “Inflation from 1958 to 2022: $100 is worth $1,013 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1958-to-2022/
APA: InflationCalculator.com. Inflation from 1958 to 2022. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1958-to-2022/