Between 1959 and 1979, the Consumer Price Index went from 29.1 to 72.6.
Cumulatively, prices increased 149.5%, which works out to an average of
4.68% per year. Put differently, a dollar in 1959 bought what
$0.40 buys in 1979.
Common amounts: 1959 dollars in 1979
Amount in 1959
Value in 1979
$1.00
$2.49
$5.00
$12.47
$10.00
$24.95
$20.00
$49.90
$50.00
$125
$100
$249
$500
$1,247
$1,000
$2,495
$5,000
$12,474
$10,000
$24,948
$100,000
$249,485
$1,000,000
$2,494,845
Inflation by spending category, 1959–1979
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1959 spending costs in 1979, by category:
Category
Avg. yearly inflation
$100 in 1959 →
All items (CPI-U)
4.68%
$249
Medical care
5.89%
$314
Energy
5.65%
$300
Food
5.07%
$269
Core (all items less food & energy)
4.43%
$238
Transportation
4.40%
$237
Apparel
3.22%
$189
Not shown because the BLS began these indexes after 1959: housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1959 to 1979: $100 is worth $249 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1959-to-1979/
APA: InflationCalculator.com. Inflation from 1959 to 1979. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1959-to-1979/