U.S. inflation · 1959–2008
$100 in 1959 has the same buying power as
$740
in 2008
| Cumulative price change | 639.9% |
|---|---|
| Average inflation rate | 4.17% per year |
| Converted amount ($100 base) | $740 |
| Price difference ($100 base) | $640 |
| CPI in 1959 | 29.1 |
| CPI in 2008 | 215.303 |
| Inflation in 1959 | 0.69% |
| Inflation in 2008 | 3.84% |
| $100 in 1959 → 2008 | $740 |
| $100 in 2008 → 1959 | $13.52 |
Between 1959 and 2008, the Consumer Price Index went from 29.1 to 215.303. Cumulatively, prices increased 639.9%, which works out to an average of 4.17% per year. Put differently, a dollar in 1959 bought what $0.14 buys in 2008.
| Amount in 1959 | Value in 2008 |
|---|---|
| $1.00 | $7.40 |
| $5.00 | $36.99 |
| $10.00 | $73.99 |
| $20.00 | $148 |
| $50.00 | $370 |
| $100 | $740 |
| $500 | $3,699 |
| $1,000 | $7,399 |
| $5,000 | $36,994 |
| $10,000 | $73,987 |
| $100,000 | $739,873 |
| $1,000,000 | $7,398,729 |
The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1959 spending costs in 2008, by category:
| Category | Avg. yearly inflation | $100 in 1959 → |
|---|---|---|
| All items (CPI-U) | 4.17% | $740 |
| Medical care | 5.94% | $1,693 |
| Energy | 4.98% | $1,081 |
| Food | 4.11% | $721 |
| Core (all items less food & energy) | 4.09% | $714 |
| Transportation | 3.91% | $656 |
| Apparel | 2.00% | $264 |
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 |
| 1961 | 29.9 | 1.0% | $103 |
| 1963 | 30.6 | 1.3% | $105 |
| 1965 | 31.5 | 1.6% | $108 |
| 1967 | 33.4 | 3.1% | $115 |
| 1969 | 36.7 | 5.5% | $126 |
| 1971 | 40.5 | 4.4% | $139 |
| 1973 | 44.4 | 6.2% | $153 |
| 1975 | 53.8 | 9.1% | $185 |
| 1977 | 60.6 | 6.5% | $208 |
| 1979 | 72.6 | 11.3% | $249 |
| 1981 | 90.9 | 10.3% | $312 |
| 1983 | 99.6 | 3.2% | $342 |
| 1985 | 107.6 | 3.6% | $370 |
| 1987 | 113.6 | 3.6% | $390 |
| 1989 | 124 | 4.8% | $426 |
| 1991 | 136.2 | 4.2% | $468 |
| 1993 | 144.5 | 3.0% | $497 |
| 1995 | 152.4 | 2.8% | $524 |
| 1997 | 160.5 | 2.3% | $552 |
| 1999 | 166.6 | 2.2% | $573 |
| 2001 | 177.1 | 2.8% | $609 |
| 2003 | 184 | 2.3% | $632 |
| 2005 | 195.3 | 3.4% | $671 |
| 2007 | 207.342 | 2.8% | $713 |
| 2008 | 215.303 | 3.8% | $740 |
Long periods are sampled every 2 years; the calculator above covers any pair of years.
MLA: “Inflation from 1959 to 2008: $100 is worth $740 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1959-to-2008/
APA: InflationCalculator.com. Inflation from 1959 to 2008. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1959-to-2008/
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.