Between 1949 and 1950, the Consumer Price Index went from 23.8 to 24.1.
Cumulatively, prices increased 1.3%, which works out to an average of
1.26% per year. Put differently, a dollar in 1949 bought what
$0.99 buys in 1950.
Common amounts: 1949 dollars in 1950
Amount in 1949
Value in 1950
$1.00
$1.01
$5.00
$5.06
$10.00
$10.13
$20.00
$20.25
$50.00
$50.63
$100
$101
$500
$506
$1,000
$1,013
$5,000
$5,063
$10,000
$10,126
$100,000
$101,261
$1,000,000
$1,012,605
Inflation by spending category, 1949–1950
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1949 spending costs in 1950, by category:
Category
Avg. yearly inflation
$100 in 1949 →
All items (CPI-U)
1.26%
$101
Transportation
2.71%
$103
Medical care
2.03%
$102
Food
1.60%
$102
Apparel
-1.23%
$98.77
Not shown because the BLS began these indexes after 1949: core (all items less food & energy) (1957–), energy (1957–), housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1949 to 1950: $100 is worth $101 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1949-to-1950/
APA: InflationCalculator.com. Inflation from 1949 to 1950. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1949-to-1950/