Between 1959 and 2003, the Consumer Price Index went from 29.1 to 184.
Cumulatively, prices increased 532.3%, which works out to an average of
4.28% per year. Put differently, a dollar in 1959 bought what
$0.16 buys in 2003.
Common amounts: 1959 dollars in 2003
Amount in 1959
Value in 2003
$1.00
$6.32
$5.00
$31.62
$10.00
$63.23
$20.00
$126
$50.00
$316
$100
$632
$500
$3,162
$1,000
$6,323
$5,000
$31,615
$10,000
$63,230
$100,000
$632,302
$1,000,000
$6,323,024
Inflation by spending category, 1959–2003
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1959 spending costs in 2003, by category:
Category
Avg. yearly inflation
$100 in 1959 →
All items (CPI-U)
4.28%
$632
Medical care
6.15%
$1,382
Core (all items less food & energy)
4.31%
$640
Energy
4.25%
$623
Food
4.18%
$606
Transportation
3.86%
$529
Apparel
2.27%
$269
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 2003: $100 is worth $632 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1959-to-2003/
APA: InflationCalculator.com. Inflation from 1959 to 2003. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1959-to-2003/