Between 1949 and 1974, the Consumer Price Index went from 23.8 to 49.3.
Cumulatively, prices increased 107.1%, which works out to an average of
2.96% per year. Put differently, a dollar in 1949 bought what
$0.48 buys in 1974.
Common amounts: 1949 dollars in 1974
Amount in 1949
Value in 1974
$1.00
$2.07
$5.00
$10.36
$10.00
$20.71
$20.00
$41.43
$50.00
$104
$100
$207
$500
$1,036
$1,000
$2,071
$5,000
$10,357
$10,000
$20,714
$100,000
$207,143
$1,000,000
$2,071,429
Inflation by spending category, 1949–1974
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1949 spending costs in 1974, by category:
Category
Avg. yearly inflation
$100 in 1949 →
All items (CPI-U)
2.96%
$207
Medical care
4.30%
$286
Food
3.21%
$220
Transportation
2.96%
$207
Apparel
2.15%
$170
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 1974: $100 is worth $207 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1949-to-1974/
APA: InflationCalculator.com. Inflation from 1949 to 1974. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1949-to-1974/