Vehicles priced at $100 in 1958 $104.27 in 1959

Vehicles Inflation Calculator

$

Prices for Vehicles, 1958-1959 ($100)

According to the U.S. Bureau of Labor Statistics, prices for new vehicles were 4.27% higher in 1959 versus 1958 (a $4.27 difference in value).

Between 1958 and 1959: Vehicles experienced an average inflation rate of 4.27% per year. This rate of change indicates significant inflation. In other words, vehicles costing $100 in the year 1958 would cost $104.27 in 1959 for an equivalent purchase. Compared to the overall inflation rate of 0.99% during this same period, inflation for vehicles was significantly higher.

In the year 1958: Pricing changed by 3.22%, which is below the average yearly change for vehicles during the 1958-1959 time period. Compared to inflation for all items in 1958 (2.74%), inflation for vehicles was higher.

Price Inflation for New vehicles since 1935

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1947 (50%), 2022 (10.39%), and 1949 (9.10%).

View price changes for other categories
San Francisco, California · Alcoholic beverages · Educational books and supplies · Indoor plants and flowers · More

Buying power of $100.00 since 1958

Below are calculations of equivalent buying power for Vehicles, over time, for $100 beginning in 1958. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1958$100.003.22%
1959$104.274.27%
1960$102.92-1.30%
1961$102.90-0.01%
1962$102.50-0.39%
1963$101.89-0.60%
1964$101.60-0.29%
1965$99.37-2.19%
1966$97.57-1.81%
1967$98.480.93%
1968$101.172.73%
1969$102.811.62%
1970$106.033.14%
1971$110.324.04%
1972$109.35-0.88%
1973$109.380.03%
1974$115.725.80%
1975$125.708.62%
1976$133.656.33%
1977$140.745.31%
1978$151.477.62%
1979$163.497.94%
1980$176.567.99%
1981$187.336.10%
1982$194.533.84%
1983$199.322.46%
1984$204.822.76%
1985$211.653.34%
1986$220.724.29%
1987$228.283.42%
1988$232.531.86%
1989$237.812.27%
1990$242.281.88%
1991$251.433.78%
1992$257.862.56%
1993$264.912.73%
1994$274.583.65%
1995$281.302.45%
1996$286.721.93%
1997$287.890.41%
1998$286.26-0.57%
1999$285.11-0.40%
2000$284.89-0.08%
2001$283.60-0.45%
2002$279.40-1.48%
2003$275.12-1.53%
2004$273.53-0.57%
2005$275.220.62%
2006$274.58-0.23%
2007$271.92-0.97%
2008$267.81-1.51%
2009$270.661.07%
2010$275.421.76%
2011$283.162.81%
2012$287.841.66%
2013$290.941.08%
2014$291.920.34%
2015$293.640.59%
2016$294.080.15%
2017$293.35-0.25%
2018$291.94-0.48%
2019$293.040.37%
2020$294.570.52%
2021$311.815.85%
2022$344.2210.39%
2023$357.033.72%
2024$356.42-0.17%*

* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.


Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for New vehicles:

Year193519361937193819391940194119421943194419451946194719481949195019511952195319541955195619571958195919601961196219631964196519661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI20.30020.40020.80021.80021.30021.40023.00023.00023.00023.00023.00023.00034.50037.58041.00041.22043.36046.94047.25446.50844.87746.13848.54650.10852.24651.56951.56251.36251.05450.90849.79248.89249.34650.69251.51553.13155.27754.79254.80857.98562.98566.96970.52375.90081.92388.46993.86997.47799.877102.631106.054110.600114.385116.515119.162121.400125.985129.208132.738137.585140.954143.669144.254143.438142.862142.754142.108140.000137.854137.062137.908137.585136.254134.194135.623138.005141.883144.232145.783146.275147.135147.358146.992146.287146.834147.600156.240172.480178.899178.594

Adjust vehicles prices for inflation

Start with the inflation rate formula:

CPI in 1959 / CPI in 1958 * 1958 USD value = 1959 USD value

Then plug in historical CPI values from above. The CPI for New vehicles was 50.108 in the year 1958 and 52.246 in 1959:

52.246 / 50.108 * $100 = $104.27

Therefore, according to U.S. Bureau of Labor Statistics, $100 in 1958 has the same "purchasing power" as $104.27 in 1959 (in the CPI category of New vehicles).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for New vehicles in 1935. In addition to vehicles, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

» Read more about inflation and investment.