Between 1949 and 1967, the Consumer Price Index went from 23.8 to 33.4.
Cumulatively, prices increased 40.3%, which works out to an average of
1.90% per year. Put differently, a dollar in 1949 bought what
$0.71 buys in 1967.
Common amounts: 1949 dollars in 1967
Amount in 1949
Value in 1967
$1.00
$1.40
$5.00
$7.02
$10.00
$14.03
$20.00
$28.07
$50.00
$70.17
$100
$140
$500
$702
$1,000
$1,403
$5,000
$7,017
$10,000
$14,034
$100,000
$140,336
$1,000,000
$1,403,361
Inflation by spending category, 1949–1967
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1949 spending costs in 1967, by category:
Category
Avg. yearly inflation
$100 in 1949 →
All items (CPI-U)
1.90%
$140
Medical care
3.65%
$191
Transportation
2.30%
$151
Food
1.74%
$136
Apparel
1.25%
$125
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 1967: $100 is worth $140 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1949-to-1967/
APA: InflationCalculator.com. Inflation from 1949 to 1967. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1949-to-1967/