Between 1949 and 1964, the Consumer Price Index went from 23.8 to 31.
Cumulatively, prices increased 30.3%, which works out to an average of
1.78% per year. Put differently, a dollar in 1949 bought what
$0.77 buys in 1964.
Common amounts: 1949 dollars in 1964
Amount in 1949
Value in 1964
$1.00
$1.30
$5.00
$6.51
$10.00
$13.03
$20.00
$26.05
$50.00
$65.13
$100
$130
$500
$651
$1,000
$1,303
$5,000
$6,513
$10,000
$13,025
$100,000
$130,252
$1,000,000
$1,302,521
Inflation by spending category, 1949–1964
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1949 spending costs in 1964, by category:
Category
Avg. yearly inflation
$100 in 1949 →
All items (CPI-U)
1.78%
$130
Medical care
3.45%
$166
Transportation
2.37%
$142
Food
1.55%
$126
Apparel
0.99%
$116
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 1964: $100 is worth $130 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1949-to-1964/
APA: InflationCalculator.com. Inflation from 1949 to 1964. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1949-to-1964/