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Value of 1959 US Dollars today

$100 in 1959
$1,026.89 in 2022

The inflation rate in the United States between 1959 and today has been 926.89%, which translates into a total increase of $926.89. This means that 100 dollars in 1959 are equivalent to 1,026.89 dollars in 2022. In other words, the purchasing power of $100 in 1959 equals $1,026.89 today. The average annual inflation rate between these periods has been 3.77%.

Inflation timeline in the United States (1959 - 2022)

The following chart depicts the equivalence of $100 due to compound inflation and CPI changes. All values are equivalent in terms of purchasing power, which means that for each year the same goods or services could be bought with the indicated amount of money.

All calculations are performed in the local currency (USD) and using 6 decimal digits. Results show only up to 2 decimal digits to favour readability. Inflation data is provided by governments and international institutions on a monthly basis. Today's values were extrapolated from the latest 12-month rolling average official data.

The following table contains relevant indicators:

Indicator Value
Cumulative inflation 1959-2021 829.57%
Cumulative inflation 1959-today 926.89%
Avg. Annual inflation 1959-2021 3.66%
CPI 1959 12.3
CPI 2021 114.33
CPI 2022-10 (latest official data) 125.73
CPI today 126.29

How to calculate today's value of money after inflation?

There are several ways to calculate the time value of money. Depending on the data available, results can be obtained by using the Consumer Price Index (CPI) formula or the compound interest formula.

Using the CPI formula

When we have both the start and end years, we can use the following formula:

Valuet =Value0 ×
CPIt/CPI0

To obtain the values equivalent in buying power between 1959 and 2021, use the corresponding CPI values:

Value2021
=Value1959 ×
CPI2021/CPI1959
=$ 100 ×
114.33/12.3
$929.57

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 126.29:

Valuetoday
=Value1959 ×
CPItoday/CPI1959
=$ 100 ×
126.29/12.3
$1,026.89

Alternative: Using the compound interest formula

Given that money changes with time as a result of an inflation rate that acts as compound interest, we can use the following formula: FV = PV × (1 + i)n, where:

  • FV: Future Value
  • PV: Present Value
  • i: Interest rate (inflation)
  • n: Number of times the interest is compounded (i.e. # of years)

In this case, the future value represents the final amount obtained after applying the inflation rate to our initial value. In other words, it indicates how much are $100 worth today. There are 62 years between 1959 and 2021 and the average inflation rate was 3.6615%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=$100 × (1 + 0.036615)62
$929.57

US inflation - Conversion table

Initial Value Equivalent value
$1 dollar in 1959 $9.3 dollars in 2021
$5 dollars in 1959 $46.48 dollars in 2021
$10 dollars in 1959 $92.96 dollars in 2021
$50 dollars in 1959 $464.78 dollars in 2021
$100 dollars in 1959 $929.57 dollars in 2021
$500 dollars in 1959 $4,647.85 dollars in 2021
$1,000 dollars in 1959 $9,295.7 dollars in 2021
$5,000 dollars in 1959 $46,478.49 dollars in 2021
$10,000 dollars in 1959 $92,956.98 dollars in 2021
$50,000 dollars in 1959 $464,784.9 dollars in 2021
$100,000 dollars in 1959 $929,569.79 dollars in 2021
$500,000 dollars in 1959 $4,647,848.96 dollars in 2021
$1,000,000 dollars in 1959 $9,295,697.92 dollars in 2021
Cumulative inflation From 1959 926.89%
Avg. annual inflation From 1959 3.77%
CPI 1959 12.3
CPI today 126.29

Value of Dollar over time (by year)

Period Value
1959 100
1960 101.46
1961 102.54
1962 103.77
1963 105.06
1964 106.4
1965 108.09
1966 111.35
1967 114.44
1968 119.33
1969 125.84
1970 133.19
1971 138.91
1972 143.45
1973 152.32
1974 169.15
1975 184.62
1976 195.23
1977 207.92
1978 223.78
1979 248.97
1980 282.7
1981 311.92
1982 331.05
1983 341.68
1984 356.37
1985 369.01
1986 376.01
1987 389.79
1988 405.69
1989 425.27
1990 448.23
1991 467.21
1992 481.36
1993 495.57
1994 508.49
1995 522.76
1996 538.08
1997 550.66
1998 559.21
1999 571.44
2000 590.74
2001 607.43
2002 617.07
2003 631.07
2004 647.97
2005 669.95
2006 691.57
2007 711.29
2008 738.6
2009 735.98
2010 748.05
2011 771.66
2012 787.63
2013 799.17
2014 812.13
2015 813.09
2016 823.35
2017 840.89
2018 861.43
2019 877.04
2020 887.86
2021 929.57
2022-10 1,022.34
Today 1,026.89

All available years

Today's value of US dollars by year:

1956 | 1957 | 1958 | 1959 | 1960 | 1961 | 1962 | 1963 | 1964 | 1965 | 1966 | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |

Other currencies: