Between 1949 and 1957, the Consumer Price Index went from 23.8 to 28.1.
Cumulatively, prices increased 18.1%, which works out to an average of
2.10% per year. Put differently, a dollar in 1949 bought what
$0.85 buys in 1957.
Common amounts: 1949 dollars in 1957
Amount in 1949
Value in 1957
$1.00
$1.18
$5.00
$5.90
$10.00
$11.81
$20.00
$23.61
$50.00
$59.03
$100
$118
$500
$590
$1,000
$1,181
$5,000
$5,903
$10,000
$11,807
$100,000
$118,067
$1,000,000
$1,180,672
Inflation by spending category, 1949–1957
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1949 spending costs in 1957, by category:
Category
Avg. yearly inflation
$100 in 1949 →
All items (CPI-U)
2.10%
$118
Medical care
3.64%
$133
Transportation
2.86%
$125
Food
1.83%
$116
Apparel
1.09%
$109
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 1957: $100 is worth $118 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1949-to-1957/
APA: InflationCalculator.com. Inflation from 1949 to 1957. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1949-to-1957/