Between 1949 and 1953, the Consumer Price Index went from 23.8 to 26.7.
Cumulatively, prices increased 12.2%, which works out to an average of
2.92% per year. Put differently, a dollar in 1949 bought what
$0.89 buys in 1953.
Common amounts: 1949 dollars in 1953
Amount in 1949
Value in 1953
$1.00
$1.12
$5.00
$5.61
$10.00
$11.22
$20.00
$22.44
$50.00
$56.09
$100
$112
$500
$561
$1,000
$1,122
$5,000
$5,609
$10,000
$11,218
$100,000
$112,185
$1,000,000
$1,121,849
Inflation by spending category, 1949–1953
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1949 spending costs in 1953, by category:
Category
Avg. yearly inflation
$100 in 1949 →
All items (CPI-U)
2.92%
$112
Transportation
4.64%
$120
Medical care
3.98%
$117
Food
3.15%
$113
Apparel
1.38%
$106
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 1953: $100 is worth $112 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1949-to-1953/
APA: InflationCalculator.com. Inflation from 1949 to 1953. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1949-to-1953/