Between 1949 and 1961, the Consumer Price Index went from 23.8 to 29.9.
Cumulatively, prices increased 25.6%, which works out to an average of
1.92% per year. Put differently, a dollar in 1949 bought what
$0.80 buys in 1961.
Common amounts: 1949 dollars in 1961
Amount in 1949
Value in 1961
$1.00
$1.26
$5.00
$6.28
$10.00
$12.56
$20.00
$25.13
$50.00
$62.82
$100
$126
$500
$628
$1,000
$1,256
$5,000
$6,282
$10,000
$12,563
$100,000
$125,630
$1,000,000
$1,256,303
Inflation by spending category, 1949–1961
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1949 spending costs in 1961, by category:
Category
Avg. yearly inflation
$100 in 1949 →
All items (CPI-U)
1.92%
$126
Medical care
3.70%
$155
Transportation
2.61%
$136
Food
1.64%
$122
Apparel
1.02%
$113
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 1961: $100 is worth $126 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1949-to-1961/
APA: InflationCalculator.com. Inflation from 1949 to 1961. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1949-to-1961/