Between 1959 and 1972, the Consumer Price Index went from 29.1 to 41.8.
Cumulatively, prices increased 43.6%, which works out to an average of
2.82% per year. Put differently, a dollar in 1959 bought what
$0.70 buys in 1972.
Common amounts: 1959 dollars in 1972
Amount in 1959
Value in 1972
$1.00
$1.44
$5.00
$7.18
$10.00
$14.36
$20.00
$28.73
$50.00
$71.82
$100
$144
$500
$718
$1,000
$1,436
$5,000
$7,182
$10,000
$14,364
$100,000
$143,643
$1,000,000
$1,436,426
Inflation by spending category, 1959–1972
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1959 spending costs in 1972, by category:
Category
Avg. yearly inflation
$100 in 1959 →
All items (CPI-U)
2.82%
$144
Medical care
4.33%
$173
Core (all items less food & energy)
2.94%
$146
Food
2.72%
$142
Apparel
2.53%
$138
Transportation
2.27%
$134
Energy
1.68%
$124
Not shown because the BLS began these indexes after 1959: housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1959 to 1972: $100 is worth $144 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1959-to-1972/
APA: InflationCalculator.com. Inflation from 1959 to 1972. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1959-to-1972/