Between 1959 and 1976, the Consumer Price Index went from 29.1 to 56.9.
Cumulatively, prices increased 95.5%, which works out to an average of
4.02% per year. Put differently, a dollar in 1959 bought what
$0.51 buys in 1976.
Common amounts: 1959 dollars in 1976
Amount in 1959
Value in 1976
$1.00
$1.96
$5.00
$9.78
$10.00
$19.55
$20.00
$39.11
$50.00
$97.77
$100
$196
$500
$978
$1,000
$1,955
$5,000
$9,777
$10,000
$19,553
$100,000
$195,533
$1,000,000
$1,955,326
Inflation by spending category, 1959–1976
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1959 spending costs in 1976, by category:
Category
Avg. yearly inflation
$100 in 1959 →
All items (CPI-U)
4.02%
$196
Medical care
5.33%
$242
Food
4.38%
$207
Energy
4.34%
$206
Core (all items less food & energy)
3.85%
$190
Transportation
3.68%
$185
Apparel
3.07%
$167
Not shown because the BLS began these indexes after 1959: housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1959 to 1976: $100 is worth $196 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1959-to-1976/
APA: InflationCalculator.com. Inflation from 1959 to 1976. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1959-to-1976/