U.S. inflation · 1959–1988
$100 in 1959 has the same buying power as
$407
in 1988
| Cumulative price change | 306.5% |
|---|---|
| Average inflation rate | 4.96% per year |
| Converted amount ($100 base) | $407 |
| Price difference ($100 base) | $307 |
| CPI in 1959 | 29.1 |
| CPI in 1988 | 118.3 |
| Inflation in 1959 | 0.69% |
| Inflation in 1988 | 4.14% |
| $100 in 1959 → 1988 | $407 |
| $100 in 1988 → 1959 | $24.60 |
Between 1959 and 1988, the Consumer Price Index went from 29.1 to 118.3. Cumulatively, prices increased 306.5%, which works out to an average of 4.96% per year. Put differently, a dollar in 1959 bought what $0.25 buys in 1988.
| Amount in 1959 | Value in 1988 |
|---|---|
| $1.00 | $4.07 |
| $5.00 | $20.33 |
| $10.00 | $40.65 |
| $20.00 | $81.31 |
| $50.00 | $203 |
| $100 | $407 |
| $500 | $2,033 |
| $1,000 | $4,065 |
| $5,000 | $20,326 |
| $10,000 | $40,653 |
| $100,000 | $406,529 |
| $1,000,000 | $4,065,292 |
The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1959 spending costs in 1988, by category:
| Category | Avg. yearly inflation | $100 in 1959 → |
|---|---|---|
| All items (CPI-U) | 4.96% | $407 |
| Medical care | 6.64% | $645 |
| Core (all items less food & energy) | 4.97% | $409 |
| Energy | 4.97% | $408 |
| Food | 4.88% | $398 |
| Transportation | 4.56% | $365 |
| Apparel | 3.30% | $256 |
Not shown because the BLS began these indexes after 1959: housing (1967–), recreation (1993–), education & communication (1993–).
| Year | CPI | Inflation rate | $100 from 1959 |
|---|---|---|---|
| 1959 | 29.1 | 0.7% | $100 |
| 1960 | 29.6 | 1.7% | $102 |
| 1961 | 29.9 | 1.0% | $103 |
| 1962 | 30.2 | 1.0% | $104 |
| 1963 | 30.6 | 1.3% | $105 |
| 1964 | 31 | 1.3% | $107 |
| 1965 | 31.5 | 1.6% | $108 |
| 1966 | 32.4 | 2.9% | $111 |
| 1967 | 33.4 | 3.1% | $115 |
| 1968 | 34.8 | 4.2% | $120 |
| 1969 | 36.7 | 5.5% | $126 |
| 1970 | 38.8 | 5.7% | $133 |
| 1971 | 40.5 | 4.4% | $139 |
| 1972 | 41.8 | 3.2% | $144 |
| 1973 | 44.4 | 6.2% | $153 |
| 1974 | 49.3 | 11.0% | $169 |
| 1975 | 53.8 | 9.1% | $185 |
| 1976 | 56.9 | 5.8% | $196 |
| 1977 | 60.6 | 6.5% | $208 |
| 1978 | 65.2 | 7.6% | $224 |
| 1979 | 72.6 | 11.3% | $249 |
| 1980 | 82.4 | 13.5% | $283 |
| 1981 | 90.9 | 10.3% | $312 |
| 1982 | 96.5 | 6.2% | $332 |
| 1983 | 99.6 | 3.2% | $342 |
| 1984 | 103.9 | 4.3% | $357 |
| 1985 | 107.6 | 3.6% | $370 |
| 1986 | 109.6 | 1.9% | $377 |
| 1987 | 113.6 | 3.6% | $390 |
| 1988 | 118.3 | 4.1% | $407 |
MLA: “Inflation from 1959 to 1988: $100 is worth $407 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1959-to-1988/
APA: InflationCalculator.com. Inflation from 1959 to 1988. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1959-to-1988/
Source: U.S. Bureau of Labor Statistics, CPI-U annual averages (series CUUR0000SA0; category indexes listed on the data sources page). See how these numbers are calculated.