Between 1959 and 2022, the Consumer Price Index went from 29.1 to 292.655.
Cumulatively, prices increased 905.7%, which works out to an average of
3.73% per year. Put differently, a dollar in 1959 bought what
$0.10 buys in 2022.
Common amounts: 1959 dollars in 2022
Amount in 1959
Value in 2022
$1.00
$10.06
$5.00
$50.28
$10.00
$101
$20.00
$201
$50.00
$503
$100
$1,006
$500
$5,028
$1,000
$10,057
$5,000
$50,284
$10,000
$100,569
$100,000
$1,005,687
$1,000,000
$10,056,873
Inflation by spending category, 1959–2022
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1959 spending costs in 2022, by category:
Category
Avg. yearly inflation
$100 in 1959 →
All items (CPI-U)
3.73%
$1,006
Medical care
5.27%
$2,542
Energy
4.23%
$1,362
Food
3.77%
$1,028
Core (all items less food & energy)
3.68%
$975
Transportation
3.54%
$894
Apparel
1.66%
$282
Not shown because the BLS began these indexes after 1959: housing (1967–), recreation (1993–), education & communication (1993–).
Long periods are sampled every 5 years; the calculator above covers any pair of years.
The destination year: 2022
2022 was the year inflation returned. Consumer prices rose 8.0% on average,
the worst since 1981, driven by pandemic-era supply chains, stimulus-fueled
demand, and an energy shock from the war in Ukraine. Gas briefly topped $5 a
gallon nationally for the first time ever, and “inflation” became the
top-ranked economic concern in nearly every poll of American households.
MLA: “Inflation from 1959 to 2022: $100 is worth $1,006 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1959-to-2022/
APA: InflationCalculator.com. Inflation from 1959 to 2022. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1959-to-2022/