Between 1959 and 1963, the Consumer Price Index went from 29.1 to 30.6.
Cumulatively, prices increased 5.2%, which works out to an average of
1.26% per year. Put differently, a dollar in 1959 bought what
$0.95 buys in 1963.
Common amounts: 1959 dollars in 1963
Amount in 1959
Value in 1963
$1.00
$1.05
$5.00
$5.26
$10.00
$10.52
$20.00
$21.03
$50.00
$52.58
$100
$105
$500
$526
$1,000
$1,052
$5,000
$5,258
$10,000
$10,515
$100,000
$105,155
$1,000,000
$1,051,546
Inflation by spending category, 1959–1963
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1959 spending costs in 1963, by category:
Category
Avg. yearly inflation
$100 in 1959 →
All items (CPI-U)
1.26%
$105
Medical care
2.90%
$112
Core (all items less food & energy)
1.30%
$105
Food
1.16%
$105
Apparel
1.04%
$104
Transportation
0.91%
$104
Energy
0.79%
$103
Not shown because the BLS began these indexes after 1959: housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1959 to 1963: $100 is worth $105 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1959-to-1963/
APA: InflationCalculator.com. Inflation from 1959 to 1963. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1959-to-1963/