Between 1948 and 1950, the Consumer Price Index went from 24.1 to 24.1.
Cumulatively, prices increased 0.0%, which works out to an average of
0.00% per year. Put differently, a dollar in 1948 bought what
$1.00 buys in 1950.
Common amounts: 1948 dollars in 1950
Amount in 1948
Value in 1950
$1.00
$1.00
$5.00
$5.00
$10.00
$10.00
$20.00
$20.00
$50.00
$50.00
$100
$100
$500
$500
$1,000
$1,000
$5,000
$5,000
$10,000
$10,000
$100,000
$100,000
$1,000,000
$1,000,000
Inflation by spending category, 1948–1950
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1948 spending costs in 1950, by category:
Category
Avg. yearly inflation
$100 in 1948 →
All items (CPI-U)
0.00%
$100
Transportation
4.97%
$110
Medical care
2.40%
$105
Food
-1.35%
$97.32
Apparel
-2.62%
$94.82
Not shown because the BLS began these indexes after 1948: core (all items less food & energy) (1957–), energy (1957–), housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1948 to 1950: $100 is worth $100 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1948-to-1950/
APA: InflationCalculator.com. Inflation from 1948 to 1950. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1948-to-1950/