Between 1959 and 2002, the Consumer Price Index went from 29.1 to 179.9.
Cumulatively, prices increased 518.2%, which works out to an average of
4.33% per year. Put differently, a dollar in 1959 bought what
$0.16 buys in 2002.
Common amounts: 1959 dollars in 2002
Amount in 1959
Value in 2002
$1.00
$6.18
$5.00
$30.91
$10.00
$61.82
$20.00
$124
$50.00
$309
$100
$618
$500
$3,091
$1,000
$6,182
$5,000
$30,911
$10,000
$61,821
$100,000
$618,213
$1,000,000
$6,182,131
Inflation by spending category, 1959–2002
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1959 spending costs in 2002, by category:
Category
Avg. yearly inflation
$100 in 1959 →
All items (CPI-U)
4.33%
$618
Medical care
6.20%
$1,328
Core (all items less food & energy)
4.38%
$631
Food
4.23%
$593
Energy
4.07%
$556
Transportation
3.88%
$513
Apparel
2.39%
$276
Not shown because the BLS began these indexes after 1959: housing (1967–), recreation (1993–), education & communication (1993–).
Long periods are sampled every 2 years; the calculator above covers any pair of years.
Cite this page
MLA: “Inflation from 1959 to 2002: $100 is worth $618 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1959-to-2002/
APA: InflationCalculator.com. Inflation from 1959 to 2002. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1959-to-2002/