Between 1959 and 1961, the Consumer Price Index went from 29.1 to 29.9.
Cumulatively, prices increased 2.7%, which works out to an average of
1.37% per year. Put differently, a dollar in 1959 bought what
$0.97 buys in 1961.
Common amounts: 1959 dollars in 1961
Amount in 1959
Value in 1961
$1.00
$1.03
$5.00
$5.14
$10.00
$10.27
$20.00
$20.55
$50.00
$51.37
$100
$103
$500
$514
$1,000
$1,027
$5,000
$5,137
$10,000
$10,275
$100,000
$102,749
$1,000,000
$1,027,491
Inflation by spending category, 1959–1961
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1959 spending costs in 1961, by category:
Category
Avg. yearly inflation
$100 in 1959 →
All items (CPI-U)
1.37%
$103
Medical care
3.20%
$107
Energy
1.36%
$103
Core (all items less food & energy)
1.32%
$103
Apparel
1.21%
$102
Food
1.17%
$102
Transportation
0.50%
$101
Not shown because the BLS began these indexes after 1959: housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1959 to 1961: $100 is worth $103 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1959-to-1961/
APA: InflationCalculator.com. Inflation from 1959 to 1961. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1959-to-1961/