Between 1946 and 1950, the Consumer Price Index went from 19.5 to 24.1.
Cumulatively, prices increased 23.6%, which works out to an average of
5.44% per year. Put differently, a dollar in 1946 bought what
$0.81 buys in 1950.
Common amounts: 1946 dollars in 1950
Amount in 1946
Value in 1950
$1.00
$1.24
$5.00
$6.18
$10.00
$12.36
$20.00
$24.72
$50.00
$61.79
$100
$124
$500
$618
$1,000
$1,236
$5,000
$6,179
$10,000
$12,359
$100,000
$123,590
$1,000,000
$1,235,897
Inflation by spending category, 1946–1950
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1946 spending costs in 1950, by category:
Category
Avg. yearly inflation
$100 in 1946 →
All items (CPI-U)
5.44%
$124
Transportation
7.98%
$136
Food
6.42%
$128
Medical care
4.84%
$121
Apparel
4.04%
$117
Not shown because the BLS began these indexes after 1946: core (all items less food & energy) (1957–), energy (1957–), housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1946 to 1950: $100 is worth $124 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1946-to-1950/
APA: InflationCalculator.com. Inflation from 1946 to 1950. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1946-to-1950/