Between 1949 and 1976, the Consumer Price Index went from 23.8 to 56.9.
Cumulatively, prices increased 139.1%, which works out to an average of
3.28% per year. Put differently, a dollar in 1949 bought what
$0.42 buys in 1976.
Common amounts: 1949 dollars in 1976
Amount in 1949
Value in 1976
$1.00
$2.39
$5.00
$11.95
$10.00
$23.91
$20.00
$47.82
$50.00
$120
$100
$239
$500
$1,195
$1,000
$2,391
$5,000
$11,954
$10,000
$23,908
$100,000
$239,076
$1,000,000
$2,390,756
Inflation by spending category, 1949–1976
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1949 spending costs in 1976, by category:
Category
Avg. yearly inflation
$100 in 1949 →
All items (CPI-U)
3.28%
$239
Medical care
4.76%
$351
Transportation
3.44%
$249
Food
3.40%
$246
Apparel
2.29%
$184
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 1976: $100 is worth $239 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1949-to-1976/
APA: InflationCalculator.com. Inflation from 1949 to 1976. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1949-to-1976/