$1 in 1959 is worth $10.67 today

10.67

The Impact of Inflation on value of $1 from 1959 to 2024

In 1913 the price of $1 is approximately equal to $10.67 in 2024. Prices changed by 3.70% (or $0.15) per year on average during that period. It means that every purchase will cost you 10.67 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 $1 in 1959 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 $1 in 1959 Worth Today?

  • Converted Amount: The $1 from 1959, adjusted for inflation, would be equivalent to $10.67 in 2024.
  • Cumulative Price Change: Over this period, the cumulative price change has been 966.52%.
  • Average Inflation Rate: The average annual inflation rate between 1959 and 2024 has been 3.70%.
Inflation from 1959 to 2024
Cumulative price change 966.52%
Average inflation rate 3.70%
Converted amount 10.67
Price difference 9.67
CPI in 1959 29.1
CPI in 2024310.358
Inflation in 19590.69%
Inflation in 20241.86%
1 in 195910.67 in 2024

Key Financial Indicators:

Consumer Price Index (CPI) Comparison

  • CPI in 1959: 29.1
  • CPI in 2024: 310.358

Inflation Rate at 1959 and 2024

  • Inflation in 1959: 0.69%
  • Inflation in 2024: 1.86%

Price Difference

  • The price difference between 1959 and 2024 is $9.67.

1959 to 2024 Inflation Calculator

To understand the transformation of $1 from 1959 into 2024 US dollars, consider the following table:

YearCPIInflation rateValue in 2024
195929.10.69%$1
2024310.3581.86%$10.67

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

Buying Power of $1 in 1959

$1 in the year 1959 is now worth $10.67 in 2024, showing a substantial increase of $9.67 over the years. This change underscores how the average inflation rate of 3.70% annually has eroded the purchasing power of the US dollar.

Inflation from 1959 to 2024
Cumulative price change 966.52%
Average inflation rate 3.70%
Converted amount 10.67
Price difference 9.67
CPI in 1959 29.1
CPI in 2024310.358
Inflation in 19590.69%
Inflation in 20241.86%
1 in 195910.67 in 2024