How much is $500 in 1958 worth today?

$500 in 1958 is worth $5,795.50 in August 2026 dollars, according to the U.S. Consumer Price Index.

How much would I need today to match $500 in 1958?

You would need $5,795.50 to buy what $500 bought in 1958. That is 11.59 times as much.

Kept as cash, $500 from 1958 buys only what $43.14 of 1958 money bought. It has lost 91% of its buying power.

Prices rose 2.8% in 1958. Since then the average has been 3.66% a year.

$500 in 1958 has the same buying power as

$5,795.50 in August 2026

That is 1,059% more, an average inflation rate of 3.66% a year over 68 years.

Put the other way, $500 today buys what $43.14 bought in 1958. Cash kept under the mattress since 1958 has lost 91% of its value.

$500 from 1958 in each later year's dollars

Not everything rose at the same pace. What $500 spent on each of these in 1958 costs today:

Amount ($) From year From month To year To month

$500.00 in 1958 has the same buying power as

$5,795.50 in August 2026

Prices rose 1,059.1% in total, an average of 3.66% a year.

How much is $500 in 1958 worth today?: $500 in 1958 is worth $5,795.50 in August 2026 dollars, according to the U.S. Consumer Price Index.
How much would I need today to match $500 in 1958?: You would need $5,795.50 to buy what $500 bought in 1958. That is 11.59 times as much.
How much buying power has $500 lost since 1958?: Kept as cash, $500 from 1958 buys only what $43.14 of 1958 money bought. It has lost 91% of its buying power.
What was inflation in 1958?: Prices rose 2.8% in 1958. Since then the average has been 3.66% a year.