1.43× price rise
Average US inflation: 2.58% a year over 14 years. Prices did not double in this span. Highest year: 1970 (5.9%). Lowest: 1959 (0.9%).
| 1956 | in 1970 | 1970 amount in 1956 money |
|---|---|---|
| $1 | $1.43 | $0.70 |
| $10 | $14.28 | $7.00 |
| $100 | $142.85 | $70.00 |
| $1,000 | $1,428.48 | $700.04 |
| $10,000 | $14,284.84 | $7,000.43 |
| $100,000 | $142,848.39 | $70,004.29 |
| Year | Value | Inflation |
|---|---|---|
| 1956 | $100.00 | |
| 1957 | $103.39 | 3.4% |
| 1958 | $106.22 | 2.7% |
| 1959 | $107.21 | 0.9% |
| 1960 | $108.81 | 1.5% |
| 1961 | $109.97 | 1.1% |
| 1962 | $111.26 | 1.2% |
| 1963 | $112.66 | 1.3% |
| 1964 | $114.15 | 1.3% |
| 1965 | $115.95 | 1.6% |
| 1966 | $119.42 | 3.0% |
| 1967 | $122.74 | 2.8% |
| 1968 | $127.95 | 4.2% |
| 1969 | $134.91 | 5.4% |
| 1970 | $142.85 | 5.9% |
1956–1969 · 1956–1971 · All years
$100 in 1956 had about the same buying power as $142.85 in 1970, based on US consumer price index data.
About 2.58% per year, compounding to a 42.8% total rise in prices over 14 years.
1970 saw the largest annual rise in the index (5.9%); the lowest was 1959 (0.9%).