Between 1959 and 1974, the Consumer Price Index went from 29.1 to 49.3.
Cumulatively, prices increased 69.4%, which works out to an average of
3.58% per year. Put differently, a dollar in 1959 bought what
$0.59 buys in 1974.
Common amounts: 1959 dollars in 1974
Amount in 1959
Value in 1974
$1.00
$1.69
$5.00
$8.47
$10.00
$16.94
$20.00
$33.88
$50.00
$84.71
$100
$169
$500
$847
$1,000
$1,694
$5,000
$8,471
$10,000
$16,942
$100,000
$169,416
$1,000,000
$1,694,158
Inflation by spending category, 1959–1974
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1959 spending costs in 1974, by category:
Category
Avg. yearly inflation
$100 in 1959 →
All items (CPI-U)
3.58%
$169
Medical care
4.63%
$197
Food
4.21%
$186
Energy
3.76%
$174
Core (all items less food & energy)
3.34%
$164
Apparel
2.93%
$154
Transportation
2.91%
$154
Not shown because the BLS began these indexes after 1959: housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1959 to 1974: $100 is worth $169 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1959-to-1974/
APA: InflationCalculator.com. Inflation from 1959 to 1974. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1959-to-1974/