$26 in 1958 is worth $271.91 today

271.91

The Impact of Inflation on value of $26 from 1958 to 2024

In 1913 the price of $26 is approximately equal to $271.91 in 2024. Prices changed by 3.65% (or $3.73) per year on average during that period. It means that every purchase will cost you 10.46 times as much.
Inflation is a powerful force that can erode the purchasing power of money over time. For anyone curious about the value of $26 in 1958 and what it would be worth in 2024, this page provides a detailed analysis using the cumulative price change, average inflation rate, and other key financial indicators.


How Much is $26 in 1958 Worth Today?

  • Converted Amount: The $26 from 1958, adjusted for inflation, would be equivalent to $271.91 in 2024.
  • Cumulative Price Change: Over this period, the cumulative price change has been 945.79%.
  • Average Inflation Rate: The average annual inflation rate between 1958 and 2024 has been 3.65%.
Inflation from 1958 to 2024
Cumulative price change 945.79%
Average inflation rate 3.65%
Converted amount 271.91
Price difference 245.91
CPI in 1958 15.2
CPI in 2024158.96
Inflation in 19582.70%
Inflation in 20241.18%
26 in 1958271.91 in 2024

Key Financial Indicators:

Consumer Price Index (CPI) Comparison

  • CPI in 1958: 15.2
  • CPI in 2024: 158.96

Inflation Rate at 1958 and 2024

  • Inflation in 1958: 2.70%
  • Inflation in 2024: 1.18%

Price Difference

  • The price difference between 1958 and 2024 is $245.91.

1958 to 2024 Inflation Calculator

To understand the transformation of $26 from 1958 into 2024 Canadian Dollars, consider the following table:

YearCPIInflation rateValue in 2024
195815.22.70%$26
2024158.961.18%$271.91

This table highlights the key figures that affect how the value of money changes over time due to inflation.

Buying Power of $26 in 1958

$26 in the year 1958 is now worth $271.91 in 2024, showing a substantial increase of $245.91 over the years. This change underscores how the average inflation rate of 3.65% annually has eroded the purchasing power of the Canadian Dollar.

Inflation from 1958 to 2024
Cumulative price change 945.79%
Average inflation rate 3.65%
Converted amount 271.91
Price difference 245.91
CPI in 1958 15.2
CPI in 2024158.96
Inflation in 19582.70%
Inflation in 20241.18%
26 in 1958271.91 in 2024