Between 1949 and 1968, the Consumer Price Index went from 23.8 to 34.8.
Cumulatively, prices increased 46.2%, which works out to an average of
2.02% per year. Put differently, a dollar in 1949 bought what
$0.68 buys in 1968.
Common amounts: 1949 dollars in 1968
Amount in 1949
Value in 1968
$1.00
$1.46
$5.00
$7.31
$10.00
$14.62
$20.00
$29.24
$50.00
$73.11
$100
$146
$500
$731
$1,000
$1,462
$5,000
$7,311
$10,000
$14,622
$100,000
$146,218
$1,000,000
$1,462,185
Inflation by spending category, 1949–1968
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1949 spending costs in 1968, by category:
Category
Avg. yearly inflation
$100 in 1949 →
All items (CPI-U)
2.02%
$146
Medical care
3.77%
$202
Transportation
2.34%
$155
Food
1.83%
$141
Apparel
1.46%
$132
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 1968: $100 is worth $146 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1949-to-1968/
APA: InflationCalculator.com. Inflation from 1949 to 1968. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1949-to-1968/