Between 1959 and 1973, the Consumer Price Index went from 29.1 to 44.4.
Cumulatively, prices increased 52.6%, which works out to an average of
3.06% per year. Put differently, a dollar in 1959 bought what
$0.66 buys in 1973.
Common amounts: 1959 dollars in 1973
Amount in 1959
Value in 1973
$1.00
$1.53
$5.00
$7.63
$10.00
$15.26
$20.00
$30.52
$50.00
$76.29
$100
$153
$500
$763
$1,000
$1,526
$5,000
$7,629
$10,000
$15,258
$100,000
$152,577
$1,000,000
$1,525,773
Inflation by spending category, 1959–1973
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1959 spending costs in 1973, by category:
Category
Avg. yearly inflation
$100 in 1959 →
All items (CPI-U)
3.06%
$153
Medical care
4.31%
$180
Food
3.52%
$162
Core (all items less food & energy)
2.99%
$151
Apparel
2.62%
$144
Transportation
2.34%
$138
Energy
2.13%
$134
Not shown because the BLS began these indexes after 1959: housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1959 to 1973: $100 is worth $153 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1959-to-1973/
APA: InflationCalculator.com. Inflation from 1959 to 1973. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1959-to-1973/