Between 1959 and 1966, the Consumer Price Index went from 29.1 to 32.4.
Cumulatively, prices increased 11.3%, which works out to an average of
1.55% per year. Put differently, a dollar in 1959 bought what
$0.90 buys in 1966.
Common amounts: 1959 dollars in 1966
Amount in 1959
Value in 1966
$1.00
$1.11
$5.00
$5.57
$10.00
$11.13
$20.00
$22.27
$50.00
$55.67
$100
$111
$500
$557
$1,000
$1,113
$5,000
$5,567
$10,000
$11,134
$100,000
$111,340
$1,000,000
$1,113,402
Inflation by spending category, 1959–1966
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1959 spending costs in 1966, by category:
Category
Avg. yearly inflation
$100 in 1959 →
All items (CPI-U)
1.55%
$111
Medical care
2.92%
$122
Food
1.86%
$114
Core (all items less food & energy)
1.49%
$111
Apparel
1.22%
$109
Transportation
1.16%
$108
Energy
0.89%
$106
Not shown because the BLS began these indexes after 1959: housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1959 to 1966: $100 is worth $111 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1959-to-1966/
APA: InflationCalculator.com. Inflation from 1959 to 1966. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1959-to-1966/