Between 1949 and 1954, the Consumer Price Index went from 23.8 to 26.9.
Cumulatively, prices increased 13.0%, which works out to an average of
2.48% per year. Put differently, a dollar in 1949 bought what
$0.88 buys in 1954.
Common amounts: 1949 dollars in 1954
Amount in 1949
Value in 1954
$1.00
$1.13
$5.00
$5.65
$10.00
$11.30
$20.00
$22.61
$50.00
$56.51
$100
$113
$500
$565
$1,000
$1,130
$5,000
$5,651
$10,000
$11,303
$100,000
$113,025
$1,000,000
$1,130,252
Inflation by spending category, 1949–1954
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1949 spending costs in 1954, by category:
Category
Avg. yearly inflation
$100 in 1949 →
All items (CPI-U)
2.48%
$113
Medical care
3.76%
$120
Transportation
3.38%
$118
Food
2.44%
$113
Apparel
1.10%
$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 1954: $100 is worth $113 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1949-to-1954/
APA: InflationCalculator.com. Inflation from 1949 to 1954. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1949-to-1954/